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Taylor Devices, Inc. specializes in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices. Incorporated in New York in 1955, the company serves aerospace, defense, industrial, and structural markets with advanced technology products. Its offerings include seismic dampers, shock absorbers, vibration dampers, and other custom-engineered solutions for machinery, equipment, and structures.
- Seismic Dampers - Mitigate the effects of earthquakes on structures, representing a substantial portion of sales.
- Fluidicshoks® - Compact shock absorbers used primarily in defense, aerospace, and commercial industries, with capacities up to 19,200 inch-pounds.
- Crane and Industrial Buffers - Larger shock absorbers for industrial applications like cranes and train car stops, with capacities up to 10,890,000 inch-pounds.
- Self-Adjusting Shock Absorbers - Automatically adjust to different impact conditions, designed for high-cycle applications in heavy industry.
- Vibration Dampers - Control vibration in electronics and optical systems, primarily for aerospace and defense industries.
- Machined Springs - Precisely controlled mechanical springs used in aerospace applications requiring custom features.
- Custom Shock and Vibration Isolators - Include liquid springs, fluid dampers, elastomeric springs, and Pumpkin™ Mounts, primarily for defense applications.
- Liquid Die Springs - Components for machinery and equipment in tool and die manufacturing.
- Custom Actuators - Gas-charged actuators with high pressure, designed for special aerospace and defense applications.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Alan R. Klembczyk ExecutiveBoard | President | Alan R. Klembczyk has served as the President and a member of the Board of Directors at TAYD since June 1, 2018, and has built his career at the company starting as a Design Engineer in 1987. He has held various roles, contributing to strategic leadership and quality system upgrades at TAYD, reflecting his deep industry expertise. | ||
Timothy J. Sopko ExecutiveBoard | Chief Executive Officer (CEO) | Timothy J. Sopko has been the CEO of Taylor Devices, Inc. since April 2019 and a board member since 2020, bringing over 30 years of experience in engineering, product development, and business management. He has previously led senior roles at Carleton Technologies, where he drove substantial revenue growth. | View Report → | |
Paul M. Heary Executive | Chief Financial Officer (CFO) | CFO of Taylor Devices since January 1, 2023 ; previously served as CFO at Multisorb Filtration Group from 2016 to 2022 and as Senior Finance Director at Carleton Technologies from 2006 to 2016. | ||
F. Eric Armenat Board | Director | F. Eric Armenat has served as a director at Taylor Devices, Inc. since 2018 as a Class 1 Director, with his term set to expire in 2027. He brings over 40 years of experience from leadership roles including CEO and COO positions in various companies. | ||
John Burgess Board | Chairman of the Board of Directors | Director of Bird Technologies Corporation | John Burgess has served as Chairman of the Board of Directors at TAYD since May 31, 2018. He has been with the company since 2007 and also serves as the Chairman of the Audit Committee. Before joining TAYD, he held executive roles at Moog, Inc., International Motion Controls, and as President and CEO at Reichert, Inc.. | |
Robert M. Carey Board | Director | Robert M. Carey is a Class 3 Director at Taylor Devices, Inc. since 2020. He brings over 45 years of experience in strategic planning and leadership from roles at companies such as Wilson Greatbatch Ltd. and Reichert Analytical Instruments Group. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Pumpkin™ Mounts | 2024 | Acquisition Cost: $300,000 acquired during the fiscal year ended May 31, 2024; it strategically enhances the Company’s Custom Shock and Vibration Isolators product line for defense applications. |
Recent press releases and 8-K filings for TAYD.
- Q3 Performance: Q3 sales were $10.56M and net earnings $2.00M, both down from last year's $12.25M in sales and $2.70M in net earnings.
- Nine-Month Overview: The first nine-month period recorded sales of $30.73M and net earnings of $5.73M, compared to $32.52M and $6.53M respectively in the prior year.
- Strategic Insights: The lower performance was mainly attributed to reduced sales volumes amid challenges such as high interest rates, despite a strong firm order backlog of $33.3M.