Woodward to Wind Down China On-Highway Natural Gas Truck Business, Enhancing Strategic Focus - Woodward (NASDAQ:WWD)

Woodward to Wind Down China On-Highway Natural Gas Truck Business, Enhancing Strategic Focus - Woodward (NASDAQ:WWD)

FORT COLLINS, Colo., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced plans to wind down its on-highway natural gas truck business in China (China OH) as part of its strategy to sharpen the focus of its Industrial segment and optimize Woodward's product portfolio. "Winding down the China OH business is a strategic step in aligning our Industrial portfolio with our priority end-markets and long-term growth opportuniti…

Woodward to shutter underperforming Chinese biz unit

Woodward Inc., a Fort Collins company that designs, manufactures and services energy-conversion and control solutions for the aerospace and industrial equipment markets, plans to cease operations of its on-highway natural gas truck business in China, a division the company calls China OH.