Triumph to acquire GE’s hydraulic business

May 28, 2014 | 06:10 PM | Frank Haflich

Tags  aerospace, Triumph Group, General Electric, Jeffry Frisby, hydraulic actuation, Frank Haflich

LOS ANGELES — Triumph Group Inc. has agreed to buy the hydraulic actuation business of General Electric Co.’s aviation unit for about $70 million.

Berwyn, Pa.-based Triumph said the three GE Aviation facilities—in Yakima, Wash.; Cheltenham, England; and the Isle of Man in the British Isles—will add about $180 million in annual revenue.....

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