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.
In 1991, Alco sold their food division. In 1992, the corporation made an announcement that it was trying to sell Alco Diversified Services and purchase 49.9% percent of IMM Office Systems Holding. In 1993, Triumph Group took over Alco Diversified Services in a leveraged buyout. Triumph conducted aviation repair and overhaul, industrial machining, paper converting and steel converting. The companies employed 1450 people at 22 US locations, with aviation accounting for just over 25% of total sales.
In 1995, due to Department of Defense cutbacks, Triumph sold Otto Konigslow Manufacturing Company (which manufactured aerospace components) to two of its supervisors.
In the middle of the 1990s, commercial aviation sales went from $200 million to $300 million in three years, with forecasts indicating that sales would reach $500 million before the end of the decade. The aviation businesses provided 67% of the company's revenue. With never-before-seen demand for airline travel around 1996, Boeing produced close to 500 aircraft per annum. To meet this unprecedented production rate, Boeing outsourced a greater number of components and services.
In 1996, the corporation had 1500 workers and yearly earnings of $300 million. Six divisions worked in aviation while the other seven worked in specialty materials. The company went public at that time, which provided over $50 million in revenue.
The company focused on purchasing aviation companies in an attempt to increase profits by 20% per annum, and extend their product lines. Such acquisitions included Air Lab (1995), Teleflex Controls (1996), Hydro-Mill Company (1997), DV Industries (1998), DG Industries (1998), Chase Aerospace Limited (1998) and Hartford Tool and Die (1998).
The company also sold businesses that were not part of their aviation-focused strategy, such as Quality Park Products (1996) and Air Lab (1997).
In 1998, when Ill subsequently announced his preoccupations about cutbacks in aircraft production at Boeing Company, he also stated that there may be more work forthcoming on the new Boeing 737. This was an excellent fit for Triumph Air Repair, as much of their work consisted of servicing the Boeing 727 and 737 aircraft. It was at this time that Boeing Company purchased McDonnell Douglas, the first company to manufacture the KC-10 aircraft, which was the aerial refueling version of the Boeing DC-10. Soon to follow would be Triumph Air Repair's largest contract ever, a twelve-month deal to service auxiliary power units and line replaceable units for the United States Air Force KC-10 tankers. Boeing had several options to renew, increasing the potential of this arrangement ninefold.
In 1998, Triumph acquired four additional companies, bringing its grand total of subsidiaries to eighteen and its employee count to over two thousand in early 1999. It was at this time that Triumph purchased Ralee Engineering, a manufacturer of gigantic aircraft components and assemblies. This gave the conglomerate the ability to produce almost all of the parts used in commercial aircraft.
In 1999, Triumph infused six more companies into its colossal lineup of subsidiaries. The company produced flight control surfaces, control systems, and metal parts while providing MRO for almost every aircraft system except cabins, communications devices, landing gear, engines and the most comprehensive maintenance checks.
In 2003, the Boeing Company's failing Spokane, Washington facility was acquired, which is now known as Triumph Composite Systems. The conglomerate now stood at 41 companies. In the same quarter of that year, the company restructured by discontinuing its Metals Group and combining its five aviation segments into three. The Control Systems and Structures Groups were combined into Triumph Aerospace Systems Group. The Gas Turbine Services and Operational Components Groups were unified, becoming Triumph Components Group. Triumph Aftermarket Services Group added Advanced Materials Technologies and Aerospace Technologies to its portfolio.
Shortly thereafter, Triumph acquired the Parker Hannifin Corporation United Aircraft Products Division and Rolls-Royce Gear Systems. The company then reorganized into two groups, Triumph Aftermarket Services and Triumph Aerospace Systems. It also combined several of its Arizona subsidiaries into Triumph Engineered Solutions, which was decommissioned at the end of 2004.
In 2009, Triumph Group purchased Mexmil Company, Kongsberg Automotive, Merritt Tool Company and Saygrove Defense & Aerospace Group.
In June 2010, Triumph Group acquired Vought Aircraft Industries, a leading producer of aerostructures from the Carlyle Group. This acquisition close to doubled the company workforce, and created a 'Tier One Capable' supplier.
In January 2014 the company sold its division Lee Aerospace back to the its original founder, Jim Lee. Triumph had owned Lee Aerospace for 14 years.
In December 2015, Triumph Group Inc. announced that Daniel J. Crowley would be named president and chief executive officer effective 4 January 2016. Crowley succeeds Richard C. Ill, CEO from 1993-2012. Ill left retirement to step in after Jeffry D. Frisby resigned.
Triumph refers to divisions of the corporation as segments.
Triumph Aerospace Systems - Wichita manufactures and designs pilot/co-pilot control wheels, sheet metal assemblies (from wing spars to entire fuselage assemblies), cockpit sun-visors, aircraft windows and is a manufacturing facility for composite materials.
Triumph Aerospace Systems also has segments in Newport News and Seattle.
Triumph Aerostructures - Vought Aircraft Division - formerly Vought Aircraft is a manufacturer of aerostructures for military, commercial and business aircraft. Products that the facility produces include wings, fuselages, nacelles, empennages and helicopter cabins.
The Vought acquisitions operate as Triumph Aerostructures - Vought Commercial Division and Triumph Aerostructures - Vought Integrated Programs Division with locations in Red Oak, Texas, Hawthorne, California, Milledgeville, Georgia, Nashville, Tennessee and Stuart, Florida.
Triumph Composite Systems in Spokane, Washington manufactures composite interior components ranging from cargo and commercial floor panels to environmental control system (ECS) ducting. The organization also produces dripshields, glareshields, aisle stands, side-wall risers and mix bay manifolds.
Triumph Aerospace Systems also has Triumph Fabrications segments in Phoenix and Saint Louis.
Triumph Insulation Systems, with locations in Santa Ana, Calexico and Beijing supplies thermal-acoustic aerospace insulation and components for seats, aircraft interiors, lavatories, galleys and carpets.
Triumph Processing in Lynwood, California specializes in the manufacture of titanium and aluminum parts such as wing skins, fuselage skins, spars, stringers, spar webs, longerons and formed components such as engine cowlings in addition to detailed machined parts for the commercial, military and aerospace industries. Triumph Processing is capable of manufacturing parts up to 110 feet (33.5 meters) in length and 14 feet (4.3 meters) deep.
Triumph San Antonio Support Center provides preventative Ground Support Equipment (GSE) maintenance services for Boeing Company who is contracted by the United States Air Force (USAF) to provide maintenance and upfits to large military aircraft. The facility currently maintains over two thousand pieces of support equipment and performs repair and overhaul of gasoline and diesel powered engine driven equipment as well as custom-built racks, carts and trailers.
The facility manages all Ground Support Equipment (including Golf Carts) and Logistics efforts around the clock. The support center also manages equipment inventory, contract compliance, hazardous waste management, tool control, technical data usage, GSE maintenance records, training procedures and all other aspects of contract performance.
Triumph Aerostructures also has an Aerospace Systems segment in Kansas called Triumph Aerospace Systems - Wichita.
Triumph Aerostructures also has Triumph Fabrications segments with locations in Fort Worth, Hot Springs, San Diego and Shelbyville.
Triumph Northwest in Albany, Oregon specializes in the handling of rare metals and the production of high quality refractory metal parts. As an AS9100 compliant facility, the facility typically forges and machines tungsten, molybdenum, rhenium, tantalum and niobium components for the aerospace, defense, solar, medical and semiconductor industries. In addition, secondary machining of titanium castings for the aerospace industry is another function the organization performs. On the premises two Bliss 800-ton mechanical forging presses, a Charmilles wire EDM and various CNC lathes and machining centers are utilitzed to produce these final products.
Triumph Thermal Systems (TTS) with locations in Forest, Ohio and Shelbyville, Indiana is a global manufacturer and supplier of heat exchange and transfer systems and temperature control components in lubrication, fuel, environmental, hydraulic and related systems. Products that TTS produces include:
According to the company's website, Triumph Air Repair in Phoenix, Arizona is the largest independent Auxiliary Power Unit and APU component repair and overhaul service provider worldwide.
Triumph Airborne Structures in Hot Springs, Arkansas is an FAA/EASA approved repair facility specializing in maintenance, repair and overhaul of flight control surfaces, nacelle components, fan reversers and other aerostructures. The facility performs repairs on aircraft structures, as well as full overhaul support, including replacement of core and skins for both composite and metal bonded components. Components produced at this location include Inlet Cowls, Fan Reversers, Flaps, Fan Cowls, Ailerons, Slats, Elevators, Stabilizers and Spoilers.
Triumph Aviation Services in Chonburi, Thailand is the Asia-Pacific aftermarket services headquarters for Triumph Group and a service center for commercial aviation in that region. Capabilities include complex sheet metal fabrication, ablative application, composite bonding (localized and autoclave), rotating group balancing, full APU diagnostics, test and certification, non-destructive testing, curvic grinding, paint application, piece part machining, full pneumatic, electric, and fuel accessory repair and test and sheet-metal and composite bonded structure repair.
Triumph Engines in Arizona with locations in Tempe and Chandler provides repair services, aftermarket parts and services to aircraft operators, maintenance providers, and third-party overhaul facilities. Triumph Engines also overhauls, repairs, manufactures and designs aftermarket aerospace components.
Triumph Interiors specializes in the refurbishment and repair of aircraft interiors and the manufacture of related components such as sidewalls, windows and overhead bins. The company is headquartered in Oakdale, Pennsylvania, and operates additional facilities in Grand Prairie, Texas and Atlanta, Georgia.