TAT Technologies, Ltd. Located in Gedera, Israel.
TAT Technologies, Ltd. is a diversified technology-based engineering and industrial company specializing in design, development and manufacture of Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both military land applications and airborne applications) and Fuel Systems, etc. Another facet of our activities is manufacture and overhaul of Secondary and Emergency Power Systems for F16, Jet Fuel Starters for F16, Fuel Controls, Turbines and Valves etc. We also design and manufacture Air Conditioning and NBC Systems for military and civil applications such as communication & military shelters, armored vehicles in various configurations for custom applications. The company employs about 180 employees.
Subsidiaries:
Bental Industries Ltd. is a leading design & manufacturing company in the field of power & motion components and systems for land and air defense platforms.
Bental designs products which are based on the company's comprehensive line of onboard integrated solutions for AFVs, missiles, satellites and UAVs including sophisticated servo motors, servo actuators, cutting-edge propulsion systems, alternators and starters, and mini stabilized payload systems of surveillance application. Bental is located in the northern part of Israel and employs about 110 employees.
Piedmont Aviation Component Services Inc., located in Kernersville (near Greensboro), North Carolina, USA is a wholly owned subsidiary of TAT. Piedmont Aviation Component Services offers extensive component maintenance and overhaul capability for the commercial, regional, corporate and general aviation industry. Piedmont is a FAA and EASA Part 145 Repair Station with nearly 60 years of experience in propeller and landing gear overhauls, and over 20 years of experience in Honeywell (formerly Allied Signal) auxiliary power units (APU) and related component overhauls. Piedmont's Aviation Parts Services Division maintains a full complement of items, including Line Replaceable Units (LRU), Components and Piece Parts for Commercial, Regional, Corporate and General Aviation aircraft. Employs about 120 employees.
Limco-Airepair, Inc. Located in Tulsa, Oklahoma, U.S.A. is a wholly owned TAT subsidiary in U.S.A.
The company is active in design and manufacture of heat transfer equipment for aerospace applications. Being an FAA/EASA approved Repair Station, this Company repairs and overhauls Heat Exchangers and ducting for Air Systems, Engines and APU's for military and civil aircraft applications. Employs about 140 employees.
Aerospace Products International, is a partialy owned subsidiary (37%) of TAT located in Memphis, TN.
API is the aviation industry's leading provider of parts and innovative distribution and supply chain management solutions. As a subsidiary of First Aviation Services Inc., API has a proud history of providing exceptional service to aircraft operators, manufacturers and MRO providers. Our leadership group's knowledge and understanding of the aviation business is unparalleled. As a result, API has quickly become the top destination for aviation supply chain experts to build their careers
Parent Company
FIMI Opportunity Group
Founded in 1996, the FIMI Opportunity group of Funds is Israel's leading private equity firm. Since its inception, FIMI has managed five funds with an aggregate of approximately $2.0 billion in committed capital. To-date, FIMI has invested in excess of $1.5 billion in 65 transactions and has successfully completed 38 exits.
FIMI is highly involved in determining and executing the strategy of its portfolio companies and provides support in all aspects of the business, leveraging its experience and network. To-date FIMI made investments and was the controlling shareholder of companies in a wide variety of industries including automotive, aerospace, software, defense, electronics, plastic products, general industrial, logistic services, building materials and other.
1969 - TAT founded in Bnei-Brak, Israel.
1973 - Operations transferred to Gedera. Manufacture of Fuel and Oxygen System components and Cockpit
Instrumentation for Mirage family aircraft.
1975 - Manufacture of Fuel and Oxygen System components and Cockpit Instrumentation for Israeli Kfir fighter.
1978 - Manufacture of Kfir fighter Heat Exchangers and ECS.
1982 - Beginning of Manufacture of Heat Exchanger and Air Valves for F16 fighter.
1985 - Beginning of Manufacture of Emergency Power Unit for F16 fighter.
1989 - Beginning of Manufacture of Precooler for Cessna Aircraft Co.
1992 - Acquisition by TAT Technologies Ltd.of Limco Co. followed by Airepair Co. and Aeroduct Co.
1995 - Development and Manufacture of Heat Exchangers for Bombardier Global Express and CRJ-700 aircraft for
Liebherr-Aerospace.
1999 - Development and Manufacture of the Airbus 340-500/600 Precooler for Liebherr-Aerospace.
2000 - Beginning of manufacture of Vapor Cycle Air Conditioning Systems for military applications.
2005 - Acquisition by Limco Airepair, Inc. of Piedmont Aviation Services.2007 - Limco-Piedmont Inc. is established and
IPOd
2007 - TAT is aquired by KMN Holdings Ltd.
2008 - TAT aquires Bental Industries from Merom Golan, Isarel
2009 - Limco-Piedmont Aquires 40% of Aerspace Products International.