Triumph Group has its roots in the 1980 founding of Alco Standard Corporation – a conglomerate that consolidated networks of companies in several industries. By the early 1990’s Alco had acquired aerospace companies and specialty manufacturers.
This division of Alco became Triumph Group in 1993 when a group of investors purchased the 13 aerospace companies from Alco in a leveraged buyout.
The company has completed over 40 acquisitions since then and grown the company from $60 million in revenue in 1996 to $2.9 billion in revenue in 2011.
Today Triumph Group’s companies engineer, design, manufacture, and repair aircraft as well as components and systems. The company serves customers through 65 facilities worldwide.
Triumph Group trades publicly on the New York Stock Exchange under the ticker symbol TGI, is a member of the S&P 400, is #633 in the Fortune 1000, has 13,828 employees, and had $3.74 billion in revenue in 2013.
Triumph GroupTriumph Group has its roots in the 1980 founding of Alco Standard Corporation – a conglomerate that consolidated networks of companies in several industries. By the early 1990’s Alco had acquired aerospace companies and specialty manufacturers.
This division of Alco became Triumph Group in 1993 when a group of investors purchased the 13 aerospace companies from Alco in a leveraged buyout.
The company has completed over 40 acquisitions since then and grown the company from $60 million in revenue in 1996 to $2.9 billion in revenue in 2011.
History
Today Triumph Group’s companies engineer, design, manufacture, and repair aircraft as well as components and systems. The company serves customers through 65 facilities worldwide.
Triumph Group trades publicly on the New York Stock Exchange under the ticker symbol TGI, is a member of the S&P 400, is #633 in the Fortune 1000, has 13,828 employees, and had $3.74 billion in revenue in 2013.