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Home > Company Index > Manufacturing > Hardware & Fasteners > TransTechnology Corporation

TransTechnology Corporation
NYSE: TT
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 NEWS FROM THE WIRES
Transtechnology to sell unit for $122.5 million
Aug 23 2001 12:21 PM PDT

More WIRE STORIES about this company

 PROFILE
TransTechnology helps manufacturers keep it all together. Operating through a dozen subsidiaries and divisions in Europe and North America, TransTechnology manufactures specialty fasteners (80% of sales) such as retaining rings, clamps, fasteners, and rivets, primarily for the transportation and industrial markets. The company's aerospace products unit makes lifting and restraining devices such as helicopter rescue hoists, reeling machines, and winches for aircraft cargo and weapon-handling systems. This segment's customers include Airbus, Boeing, Lockheed Martin, and the US Department of Defense. TransTechnology has announced plans to sell its fastener operations to focus exclusively on aerospace products.

 COMPETITION
The Fairchild Corporation (FA)
Fastenal Company (FAST)
SPS Technologies, Inc. (ST)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 328.10
1-Yr. Sales Growth: 9.6%
Employees: 2,331
Revenue per employee: $140,755.04

 KEY PEOPLE
• Michael J. Berthelot
    CEO
• Joseph F. Spanier
    CFO

 CONTACT INFO
150 Allen Rd.
Liberty Corner, NJ 07938
US
Phone: 908-903-1600
Fax: 908-903-1616
Online: Web Site

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