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Moog history
Moog company history timeline
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.
Long hours were dedicated to the completion of a manufacturing and development facility, which was devastated by a fire in 1952.
In 1959 the young company went public, and sales from both aerospace and industrial valves surpassed the $10 million mark.
In 1965 the company changed its name to Moog Inc. and was listed on the American Exchange for the first time.
In addition, the first South American subsidiaries were started up in 1981, in Sao Paulo, Brazil, followed by numerous others over the years.
The venture was formed in 1986 to exploit the suspension technology.
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.
In 1991 the company's business development team identified the need for electrically actuated motion base for the entertainment business.
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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Moog competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Pratt & Whitney | 1925 | $16.2B | 38,737 | 21 |
| Eaton | 1911 | $24.9B | 92,000 | 1,897 |
| Teledyne Technologies Incorporated | 1960 | $5.7B | 10,850 | 254 |
| GE Aviation | 1917 | $10.2B | 48,000 | 1 |
| Parker Hannifin | 1917 | $19.9B | 57,170 | 705 |
| Williams International | 1954 | $500.0M | 1,003 | 176 |
| General Motors | 1908 | $187.4B | 155,000 | 2,152 |
| United Service Technologies | 1995 | $80.7B | 243,200 | 56 |
| Visteon | 2000 | $3.9B | 10,000 | - |
| Tactair Fluid Controls | 1950 | $51.0M | 350 | - |
Moog history FAQs
Zippia gives an in-depth look into the details of Moog, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Moog. The employee data is based on information from people who have self-reported their past or current employments at Moog. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Moog. The data presented on this page does not represent the view of Moog and its employees or that of Zippia.
Moog may also be known as or be related to Moog, Moog Inc and Moog Inc.