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The group earned $14.9 million on sales of $118.3 million in the fiscal year 1987, while its corporate parent had total revenues of $3.63 billion.
In October 1992, the corporation announced it would sell Alco Diversified Services to a management group and buy a 49.9 percent share of a German office products distributor, IMM Office Systems Holding GmbH, based in Munich.
1993:Triumph Group spun off from Alco Standard in a leveraged management buyout.
Acquisitions included Air Lab, a Seattle company specializing in cockpit repairs, purchased in the fall of 1995.
The group posted a profit of $9.7 million in 1996.
Triumph bought Hydro-Mill Co., a California aircraft part manufacturing and repair business, in September 1997.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| AeroAstro | 1988 | $1.6M | 30 | - |
| Military Systems Group | 1984 | $8.0M | 20 | - |
| ReconRobotics, Inc. | 2006 | $10.3M | 17 | - |
| Planar Systems | 1983 | $1.8B | 456 | 16 |
| United Technology Group | 2004 | $77.0B | 31 | - |
| Triumph Engine Control Systems LLC | 1938 | $56.0M | 125 | - |
| ATMI | 1986 | $361.0M | 3,000 | - |
| Shure | 1925 | $440.0M | 1,000 | - |
| Advanced Energy Industries | 1981 | $1.5B | 10,000 | - |
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