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The move will help Triumph, which counts Boeing and Airbus as customers, to cut down debt and focus on its key business of making aircraft parts, spares and intellectual property-based aftermarket ...
In 2018 the 4 brothers handed the company off to Jeg Jr.'s son, Jeg Coughlin III. Jeg III would go on to lead the company to a buyout by Greenbriar Equity in February 2022 for $321 million. Since 2022 Jegs has seen a slow but steady decline, going from over $400 million of revenue in 2020 to about $200 million of annual revenue in 2023.
Triumph is spreading its focus: the Rocket III is now in the "musclebike" and "streetfighter" market, where the Yamaha V-Max has found success, [11] [13] while the Rocket III Touring is making inroads to the market for large touring machines. [12] "Motor Cycle News" said of the Rocket III: "It is the biggest, most bad-ass motorcycle money can ...
The Triumph Rocket 3 is a motorcycle by manufacturer Triumph Motorcycles Ltd. [2] Like its predecessor, the Rocket III , it is characterized by an engine that, at 2,458 cc (150.0 cu in), is much larger than any other production motorcycle and consequently has much higher torque. [ 3 ]
In addition to its aerospace factions, Triumph also had a stake in the U.S. steel industry. Because customers were becoming more demanding with respect to product quality, Alco Standard formed a new organization named Alco Diversified Services out of the 11 companies that comprised the Triumph Group, the two paper companies and their aerospace subsidiary.
In December 2018, Triumph said they were developing a new range of high spec limited edition motorcycles, called Triumph Factory Custom (TFC). [37] The first model was the Thruxton TFC, with production run limited to 750 units. [38] In May 2019, the second model, the Rocket 3 TFC, was introduced at a motorbike show at Shoreditch, London. [39]