News Releases

Triumph Group Announces Acquisition of Mexmil Company, LLC

March 31, 2009 at 6:09 PM EDT

WAYNE, Pa.--(BUSINESS WIRE)--Mar. 31, 2009-- Triumph Group, Inc. (NYSE:TGI) today announced the acquisition of The Mexmil Company, LLC, a global leader in the design, manufacture and repair of thermal-acoustic insulation systems for commercial aerospace applications. The acquired business, which will operate as Triumph Insulation Systems, LLC and will be part of Triumph Aerospace Systems Group, is expected to add approximately $50 million of revenue for fiscal year 2010 and will be immediately accretive to earnings.

Headquartered in Santa Ana, California, Mexmil has manufacturing locations in Mexico and, through a joint venture, in China. Mexmil’s primary business is the production of insulation systems provided to original equipment manufacturers, airlines, maintenance, repair and overhaul organizations and air cargo carriers. Mexmil also provides products in the ancillary aircraft interiors and spares markets.

Richard C. Ill, Triumph’s President and Chief Executive Officer, said, “As a leading provider of thermal-acoustic insulation systems, Mexmil increases our global presence and expands the product and services supplied by our Aerospace Systems Group. It will also enhance our ability to provide a more comprehensive interiors solution to our current and future customers. We are pleased that the management team, led by Scott Holland and Bill Gresher, will remain with Triumph to continue to deliver exceptional value to their global customers.”

Triumph Group, Inc., headquartered in Wayne, Pennsylvania, designs, engineers, manufactures, repairs and overhauls aircraft components and accessories. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.

More information about Triumph can be found on the Internet at

Statements in this release which are not historical facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including statements of expected revenue and accretion. All forward-looking statements involve risks and uncertainties which could affect the company’s actual results and could cause its actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in Triumph’s reports filed with the SEC, including our Annual Report on Form 10-K for the year ended March 31, 2008.

Source: Triumph Group, Inc.

Triumph Group, Inc.
Sheila G. Spagnolo
Vice President