manufacturing company . for other uses see triumph . this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . april 2015 learn how and when to remove this template message triumph group inc. type public s & p 400 component traded as nyse tgi industry manufacturing aerospace predecessor alco standard founded 1993 headquarters berwyn pennsylvania united states number of locations 64 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 operating income us 434.7 million fy2015 fy2015 1 2 net income us 238.7 million fy2015 fy2015 1 2 number of employees 15 153 2 subsidiaries 44 website www.triumphgroup.com 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 . 3 4 contents 1 history 1.1 1980s 1.2 1990s 1.3 2000s 1.4 2010s 2 segments 2.1 triumph aerostructures 2.1.1 triumph aerospace systems wichita 2.1.2 triumph aerostructures vought aircraft division 2.1.3 triumph composite systems 2.1.4 triumph fabrications 2.1.5 triumph insulation systems 2.1.6 triumph processing 2.1.7 triumph san antonio support center 2.1.8 triumph structures 2.2 triumph aerospace systems 2.2.1 triumph actuation systems 2.2.2 triumph controls 2.2.3 triumph fabrications 2.2.4 triumph gear systems 2.2.5 triumph northwest 2.2.6 triumph thermal systems 2.3 triumph aftermarket services 2.3.1 triumph accessory services 2.3.2 triumph air repair 2.3.3 triumph airborne structures 2.3.4 triumph aviation services 2.3.5 triumph engines 2.3.6 triumph instruments 2.3.7 triumph interiors 3 references 4 external links history edit 1980s edit 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 . 5 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 . 1990s edit 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 . 6 2000s edit 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 . 7 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 . 8 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 . 9 in 2009 triumph group purchased mexmil company kongsberg automotive merritt tool company and saygrove defense & aerospace group . 10 2010s edit 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 . 11 12 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 . 13 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 . 14 segments edit triumph refers to divisions of the corporation as segments . 15 triumph aerostructures edit triumph aerospace systems wichita edit 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 . 16 triumph aerospace systems also has segments in newport news and seattle . triumph aerostructures vought aircraft division edit triumph aerostructures vought aircraft division formerly vought aircraft 11 is a manufacturer of aerostructures for military commercial and business aircraft . products that the facility produces include wings fuselages nacelles empennages and helicopter cabins . 17 the vought acquisitions operate as triumph aerostructures vought commercial division and triumph aerostructures vought integrated programs division with locations in dallas grand prairie hawthorne milledgeville nashville and stuart . 11 triumph composite systems edit 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 . 18 19 triumph fabrications edit triumph fabrications fort worth performs composite and metal bonding of structural and non structural components for the aerospace industry as well as system integration and sub assembly processing . 20 the facility is supported by a sheet metal shop tooling department phosphoric acid anodizing line and a core cutting shop to support bonding requirements . additional services include a batch process for processing titanium for bonding in addition to a continuous flow process line for foil . 21 triumph fabrications hot springs is a producer of sheet metal assemblies and parts used in the military commercial business jet regional jet general aviation and helicopter markets . the operation maintains a wide variety of fabrication and special process capabilities which include heat treating metal forming equipment cnc and conventional trim or drill chemical milling waterjet welding anodize penetrant inspection finish painting and alodine . for metal bonding triumph fabrications hot springs performs bonding primer application and phosphoric acid anodize in environmentally controlled buildings and conducts autoclave bonding on site . the airborne supply division of triumph fabrications hot springs also distributes helicopter spare parts manufactured under parts manufacturer approval authority . their product line includes sheet metal parts including leading edges skins longerons crown frames formers webs ribs covers skid tubes cross tubes doors fairings firewalls panel assemblies tail boom rudders elevators and metal bonded panels . 22 triumph fabrications san diego produces tight tolerance complex sheet metal assemblies such as plug and nozzles primary exhaust systems bleed air ducting pneumatic ducting industrial turbine engine weldements and aircraft structural and rocket engine components made from a wide variety of aerospace materials using various joining and forming methods . the core capabilities of this facility lie in fabricating complex assemblies from various aerospace metals using automated wire feed fusion welding seam resistance welding and spot welding of non ferrous and ferrous metals . 23 triumph fabrications shelbyville focuses on the fabricating stretch forming subassembly and machining of metallic items for regional commercial general and military aviation and is an approved supplier to most major aerospace corporations in the united states . 24 25 triumph aerospace systems also has triumph fabrications segments in phoenix and saint louis . triumph insulation systems edit 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 . 26 triumph processing edit 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