TT Electronics

TT Electronics Plc is a British maker of automotive parts, based in Weybridge, England. The company produces emission controls, electric vehicle components and sensors for car makers.[1]

The group sells to large manufacturers across the world and has four divisions - aerospace and defence, medical equipment, industrial electronics and automotive.[2]

In 2009, the company had about 7,000 workers globally.[3]

The company had a revenue of 476.9 million pounds ($734 million) in 2012,[4] comparing to 746 million pounds in 2000.[5]

History

Tyzack Turner Group plc, a company listed on the London Stock Market, was renamed TT Group plc in 1988.[6]

In the 1990s the electronics activities were expanded with the acquisitions of the Magnetic Materials Group, AB Electronic Products Group and BI Technologies.[6] Further expansion was made with the purchase of Dale Electric International and the AEI Group, the Wire and Cables Division of General Electric Company plc.[6]

In 2000, the company changed its name to TT Electronics plc to more closely reflect the structure of the Group and the future direction.[6]

In 1990, TT Group acquired Crystalate Manufacturing Company, a British resistors and sensors manufacturing company.[7]

TT Electronics in Romania

TT Electronics has a production facility in Romania since 2012.[8]

References

  1. ↑ "TT Electronics hits European headwinds". Financial Times. August 22, 2012. Retrieved November 12, 2014.
  2. ↑ Joanne Hart for The Mail on Sunday (July 3, 2010). "MIDAS: Avon is breathing easily with £6m". Daily Mail. Retrieved November 12, 2014.
  3. ↑ "Ericsson and TT Electronics to cut 5,700 jobs globally". The Guardian. January 21, 2009. Retrieved November 12, 2014.
  4. ↑ Alex Pashley (July 26, 2013). "TT Electronics Rises on Goldman Sachs Buy Rating: London Mover". BusinessWeek. Retrieved November 12, 2014.
  5. ↑ Terry Macalister (March 27, 2001). "At this price? TT Group". Theguardian.com. Retrieved November 12, 2014.
  6. 1 2 3 4 "About Us - History". Ttelectronics.com. Retrieved November 12, 2014.
  7. ↑ Robert Cole (March 31, 1993). "TT Group results beat expectations". The Independent. Retrieved November 12, 2014.
  8. ↑ O companie din Anglia deschide o fabrică la Timişoara şi caută 100 de angajaţi, October 10, 2012, Money.ro, retrieved at November 12, 2014

External links


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