Taylor Devices, Inc. (TAYD): History, Ownership, Mission, How It Works & Makes Money

Ever wondered about the company behind the shock absorbers protecting structures from earthquakes and vehicles from extreme impacts? Taylor Devices, Inc. (TAYD), with a market cap of $104.80 million as of April 2025, designs, develops, manufactures, and markets shock absorption, rate control, and energy storage devices.

Founded in 1955, Taylor Devices has grown into a leading manufacturer in the shock and vibration control industry, reporting $36.2 million in revenue for the fiscal year 2023. Intrigued to learn more about this innovative company and how it makes money? Keep reading to discover its history, ownership structure, mission, and operational strategies.

With its products used in aerospace, defense, and structural applications worldwide, how does Taylor Devices maintain its competitive edge and deliver value to its stakeholders?

Taylor Devices, Inc. (TAYD) History

Taylor Devices, Inc. Founding Timeline

Year established

Taylor Devices, Inc. was established in 1955.

Original location

The company was originally located in Detroit, Michigan.

Founding team members

The company was founded by Douglas P. Taylor.

Initial capital/funding

Information regarding the initial capital or funding for Taylor Devices, Inc. at its founding in 1955 is not readily available in the provided search results.

Taylor Devices, Inc. Evolution Milestones

Taylor Devices, Inc. Transformative Moments

• Relocation to North Tonawanda, NY (1962): The move from Detroit, Michigan to North Tonawanda, New York in 1962 was a transformative decision. This relocation centralized the company’s operations, enhancing efficiency and enabling better coordination.
• Becoming a Publicly Traded Company (1967): In 1967, Taylor Devices, Inc. went public, marking a significant milestone in its history. This transition provided the company with access to capital markets, allowing it to fund expansion, research and development, and strategic acquisitions.
• Expansion into Aerospace (1980s): During the 1980s, Taylor Devices expanded its product applications to include aerospace with the development of Fluidicshoks. This diversification opened up new revenue streams and positioned the company as a key player in high-performance shock and vibration isolation solutions.

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Taylor Devices, Inc. (TAYD) Ownership Structure

Taylor Devices, Inc. features a mix of institutional and individual ownership, shaping its corporate governance and strategic direction.

Taylor Devices, Inc.'s Current Status

Taylor Devices, Inc. is a publicly traded company, listed on the NASDAQ under the ticker symbol TAYD. This means that ownership is distributed among public shareholders, who can buy and sell shares of the company on the open market.

Taylor Devices, Inc.'s Ownership Breakdown

As of April 2025, the ownership of Taylor Devices, Inc. is distributed among various shareholders. Here's a breakdown:

Taylor Devices, Inc.'s Leadership

The leadership team at Taylor Devices, Inc. plays a crucial role in guiding the company's strategic initiatives and operational execution. Key figures include:

• Douglas P. Taylor serves as the Chairman of the Board and CEO, providing overall leadership and strategic direction.
• Timothy Dean holds the position of President, responsible for the company's day-to-day operations and performance.
• Mark H. Burns is the Treasurer and CFO, managing the company's financial health and reporting.

Understanding who owns and leads Taylor Devices, Inc. provides valuable insights into the company's governance and strategic focus. For a deeper dive into the investor profile, check out: Exploring Taylor Devices, Inc. (TAYD) Investor Profile: Who’s Buying and Why?

Taylor Devices, Inc. (TAYD) Mission and Values

Taylor Devices, Inc. aims to be a leader in the design, development, and manufacturing of energy management and control products, striving to provide innovative solutions and maintain high standards of quality and customer satisfaction. The company's core values likely revolve around innovation, quality, customer focus, and integrity, guiding its operations and interactions with stakeholders.

Taylor Devices, Inc.'s Core Purpose

Official mission statement

While Taylor Devices, Inc. does not have a prominently displayed official mission statement readily available in its public filings or investor relations materials, we can infer its core objectives from its business activities and statements:

• To design, develop, manufacture, and market innovative shock absorption, vibration isolation, and energy management solutions.
• To serve diverse industries including aerospace, defense, structural engineering, and industrial sectors.
• To maintain high standards of quality, reliability, and performance in its products.
• To provide customized solutions that meet the specific needs of its customers.
• To foster long-term relationships with customers through exceptional service and support.

Vision statement

Similarly, a formal vision statement is not explicitly published. However, based on its market position and strategic direction, a likely vision for Taylor Devices, Inc. includes:

• To be recognized as a global leader in energy management and control solutions.
• To expand its product offerings and market reach through continuous innovation and strategic partnerships.
• To set the industry standard for product performance, reliability, and customer satisfaction.
• To create long-term value for its shareholders through sustainable growth and profitability.

Company slogan/tagline

Taylor Devices, Inc. does not have a widely publicized official slogan or tagline. However, considering their specialization, a fitting tagline might emphasize their engineering prowess and solution-oriented approach:

• 'Engineering Solutions for a Safer, More Efficient World.'
• 'Innovating Energy Management, Protecting What Matters.'
• 'Precision Engineering for Critical Applications.'

For an in-depth analysis of the company's financial standing, see Breaking Down Taylor Devices, Inc. (TAYD) Financial Health: Key Insights for Investors.

Taylor Devices, Inc. (TAYD) How It Works

Taylor Devices, Inc. specializes in the design, development, and manufacturing of shock absorption, vibration isolation, and energy management products, primarily for use in aerospace, defense, structural engineering and other industrial sectors.

Taylor Devices, Inc.'s Product/Service Portfolio

Taylor Devices, Inc.'s Operational Framework

Taylor Devices operates with a focus on engineering and manufacturing precision components designed to manage kinetic energy. Their operations include:

• Design and Engineering: Utilizing advanced software and testing methodologies to create custom solutions tailored to specific client needs.
• Manufacturing: Employing machining, welding, and assembly processes to produce high-quality, durable products.
• Testing and Quality Control: Conducting rigorous testing to ensure products meet or exceed performance specifications.
• Sales and Support: Providing technical expertise and customer service to support product selection, installation, and maintenance.

Taylor Devices, Inc.'s Strategic Advantages

Taylor Devices, Inc. maintains a competitive edge through several key factors:

• Custom Engineering Capabilities: Ability to design and manufacture solutions tailored to specific customer requirements.
• High-Quality Products: Reputation for producing durable, reliable products that meet stringent performance standards.
• Established Market Presence: Long-standing relationships with key players in the aerospace, defense, and structural engineering industries.
• Niche Market Focus: Specialization in energy management solutions provides a competitive advantage over more diversified manufacturers.

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Taylor Devices, Inc. (TAYD) How It Makes Money

Taylor Devices, Inc. designs, develops, manufactures, and markets shock absorption, vibration isolation, and energy management devices, primarily for use in various types of vehicles, machinery, and equipment.

Taylor Devices, Inc.'s Revenue Breakdown

Taylor Devices, Inc. generates revenue primarily through the sale of its shock absorption, vibration isolation, and energy management devices. These products cater to a diverse range of industries, including aerospace and defense, structural engineering, and commercial sectors.

Taylor Devices, Inc.'s Business Economics

Taylor Devices, Inc.'s business economics are influenced by several factors that impact its revenue and profitability:

• Pricing Strategy: The company employs a value-based pricing strategy, reflecting the high degree of customization and engineering expertise embedded in its products. Given the critical applications of these devices, pricing is less elastic, focusing more on performance and reliability.
• Economic Fundamentals: Demand is closely tied to government defense spending, infrastructure projects, and overall economic activity. Increased investment in these areas typically leads to higher demand for Taylor Devices' products.
• Manufacturing and Operational Costs: Efficient manufacturing processes and effective cost management are crucial for maintaining profitability. The company's ability to control material and labor costs directly impacts its bottom line.
• Technological Innovation: Continuous investment in research and development is vital. Innovation allows Taylor Devices to maintain a competitive edge by offering advanced solutions that meet evolving industry needs.

Taylor Devices, Inc.'s Financial Performance

Key aspects of Taylor Devices, Inc.'s financial performance include:

• Revenue Stability: The significant percentage of revenue derived from the defense and aerospace sectors provides a degree of stability. Government contracts often ensure consistent demand.
• Profit Margins: While specific margin figures can fluctuate, the company's focus on specialized, high-value products supports healthy profit margins, assuming effective cost management.
• Order Backlog: A strong order backlog is indicative of future revenue and financial health. It reflects sustained demand and the company's ability to secure long-term contracts. As of January 31, 2024, Taylor Devices' backlog was approximately $38.9 million, compared to $29.7 million on January 31, 2023.
• Debt Management: Maintaining a healthy balance sheet with manageable debt is important. Prudent financial management ensures the company can invest in growth opportunities and weather economic downturns.
• Capital Expenditures: Strategic investments in capital equipment and facilities enhance production capabilities and support future growth.

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Taylor Devices, Inc. (TAYD) Market Position & Future Outlook

Taylor Devices, Inc. specializes in the design, development, and manufacturing of shock absorption, vibration isolation, and energy management products. The company maintains a strong position in its niche markets, particularly aerospace and defense, and is strategically positioned to leverage growth opportunities in infrastructure and industrial sectors.

Competitive Landscape

Opportunities & Challenges

Industry Position

Taylor Devices holds a significant position within the specialized market for shock and vibration control solutions. Here are some key aspects of its industry standing:

• Niche Market Leadership: The company is recognized for its expertise in providing custom-engineered solutions for challenging applications.
• Strong Customer Relationships: Long-term relationships with major players in the aerospace and defense industries provide a stable revenue base.
• Technological Innovation: Continued investment in R&D allows Taylor Devices to maintain a competitive edge through advanced product development.
• Strategic Partnerships: Collaborations with other industry leaders enhance the company's market reach and technological capabilities.

Learn more about the investors behind Taylor Devices: Exploring Taylor Devices, Inc. (TAYD) Investor Profile: Who’s Buying and Why?