Triumph Group
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| Public | |
| Traded as | : TGI S&P 600 Component |
| Industry | Manufacturing, Aerospace |
| Predecessor | Alco Standard |
| Founded | 1993 |
| Headquarters | Berwyn, Pennsylvania, United States |
|
Number of locations
|
64 |
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Key people
|
Richard C. Ill, Chairman; Jeffry Frisby, President and CEO; Jeffrey L. McRae SVP and CFO |
| Products | Aerospace components |
| Services | Aerospace Repair and Overhaul |
 US$434.7 million FY2015 (FY2015) |
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US$238.7 million FY2015 (FY2015) |
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Number of employees
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15,153 |
| Subsidiaries | 44 |
| Website | www |
Triumph Group, Inc. is an international supplier of aerospace components and systems. Based in Berwyn, Pennsylvania, USA, Triumph engineers, designs, and manufactures aircraft components, systems and accessories. Several services and products are offered through three of their operating organizations, Triumph Aerospace Systems Group, Triumph Aerostructures and Triumph Aftermarket Services Group.
Triumph Group serves original equipment manufacturers of regional, commercial, military and business aircraft and components, as well as air cargo carriers and regional and commercial airlines.
Triumph Group was formerly one of the companies in Alco Standard Corporation, a loose conglomerate of diversified companies that operated across a large number of unrelated fields, including office supplies. By the latter half of the decade, officers of Alco Standard Corporation were concentrating on office supplies, paper products and food services, their three core competencies. The former was the fastest growing market for the company.
In 1986, Alco was considering selling Triumph Group and its distribution businesses, the former of which competed in the aerospace industry and earned just under 3% of Alco Standard's revenue.
In addition to its aerospace factions, Triumph also had a stake in the U.S. steel industry. Because customers were becoming more demanding with respect to product quality, Alco Standard formed a new organization named Alco Diversified Services out of the 11 companies that comprised the Triumph Group, the two paper companies and their aerospace subsidiary. Richard Ill, who led Triumph Group for several years, was promoted to president of Alco Diversified Services.
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Wikipedia