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In 1953 it acquired 51% of Transistor Products Inc., and with other acquisitions such as the German Intermetall in 1955 (a company founded in 1952 by pioneering German physicist and developer of the first "European" transistor Herbert Mataré, and subsequently sold to telecommunications giant ITT in 1965) developed a semiconductor division.
TransDigm was formed in 1993 [2] under the name TD Holding Corporation. [3] It was founded with an initial equity investment of $10 million. [4]: 228 The company was created by founders W. Nicholas Howley and Douglas Peacock, along with private equity firm Kelso & Company, in order to acquire and consolidate four industrial aerospace companies from IMO Industries Inc. in a leveraged buyout.
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Pages in category "Manufacturing companies based in Cleveland" The following 51 pages are in this category, out of 51 total. This list may not reflect recent changes .
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The roots of the company date back to the 1940s when the company's predecessor Mooney Chemical Company was founded in 1946 in Cleveland by namesake James Mooney and his partner Carl A. Reusser. Forging strong ties with copper and nickel miners in Zaire and Zambia , Mooney quickly became key supplier of the metals, helping maintain some of the ...
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