Search Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.

Triumph to buy Canadian machining firm

Keywords: Tags  Triumph Group Inc., General Donlee Canada Inc., acquisition, aerospace suppliers, Triumph Aerospace Systems Group, Frank Haflich

LOS ANGELES — Aerospace supplier Triumph Group Inc. has agreed to purchase General Donlee Canada Inc. in a $110-million deal that will strengthen the buyer’s machining capability.

Berwyn, Pa.-based Triumph said the addition of Toronto-based General Donlee will add $60 million to annual revenue and be "immediately accretive" to earnings.

General Donlee, which has been in business for 47 years, operates two Toronto-based divisions: Donlee Precision and General Gear. The company’s primary products include engine shafts, thrust links, rotorcraft masts and landing gear components.

The addition of General Donlee will give Triumph "a strong position in engine an main rotor shafts" Triumph president and chief executive officer Jeffry D. Frisby said.

General Donlee’s management will remain at the company, which will become part of Triumph’s Aerospace Systems Group.

In addition to aerospace, General Donlee’s some 200 employees supply the nuclear and oil and gas industries, including General Electric Co.’s GE Aviation subsidiary and Textron Inc.’s Bell Helicopter unit.

Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Latest Pricing Trends