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Moog company history timeline

1951

In July of 1951, Bill Moog, Art Moog, and Lou Geyer pooled $3,000 and opened Moog Valve.

With his brother Art and a fellow engineer at Cornell, Lew Geyer, the young entrepreneur formed the Moog Valve Company on July 1, 1951.

William C. Moog, the 72-year-old entrepreneur and engineer, has left the industrial company he founded in 1951 to concentrate on developing new suspension technology for autos.

1952

Long hours were dedicated to the completion of a manufacturing and development facility, which was devastated by a fire in 1952.

1959

In 1959 the young company went public, and sales from both aerospace and industrial valves surpassed the $10 million mark.

1965

In 1965 the company changed its name to Moog Inc. and was listed on the American Exchange for the first time.

1981

In addition, the first South American subsidiaries were started up in 1981, in Sao Paulo, Brazil, followed by numerous others over the years.

1986

The venture was formed in 1986 to exploit the suspension technology.

1987

Moog represent 5.1 percent of the company's assets and 8.3 percent of its fiscal year 1987 sales of $307.1 million, Ms.

1991

In 1991 the company's business development team identified the need for electrically actuated motion base for the entertainment business.

1994

Indeed, by 1994, approximately one third of Moog's revenues were from customers outside the United States.

Moog put his new company up for sale in 1994, however, a bidding war boosted the price beyond what Moog Inc. deemed reasonable.

According to Moog Inc.'s 1994 annual report, the company initially intended to buy back the industrial servovalve division it had sold to Bill Moog.

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Founded
1951
Company founded
Headquarters
East Aurora, NY
Company headquarter
Founders
Art Moog,Bill Moog,Lou Geyer
Company founders
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Moog may also be known as or be related to Moog, Moog Inc and Moog Inc.