Dowty Group – TI Group Overview Presentation
Who are the TI Group?
The TI Group is a world leader in the production of mechanical seals through its John Crane subsidiary and fluid-carrying systems through its Bundy subsidiary.
With the acquisition of Dowty in the summer of 1992, the TI Group is now represented in the international market for specialized aerospace products. In particular, Dowty is a world-renowned producer of propellers and hydraulic systems.
Dowty was formed in Cheltenham, England, in 1931, and soon thereafter the firm established itself as one of
Britain’s most important manufacturing firms, particularly due to the growth of the British aircraft industry during and after the Second World War. Following a hostile takeover by TI in early summer 1992, Dowty has been assimilated and reorganized as a third group in TI hierarchy. Under TI, Dowty designs and produces engineered systems and component systems using the latest electronic and hydromechanical technologies for aerospace, maritime, commercial electronics, industrial and automotive applications.
Total employment for the TI Group stands at approximately 38,300 persons. The merger of Dowty and TI operations has made the TI Group the UK’s second-largest engineering concern (behind BAE Systems plc).