Mission Statement, Vision, & Core Values (2024) of Taylor Devices, Inc. (TAYD)

Mission Statement, Vision, & Core Values (2024) of Taylor Devices, Inc. (TAYD)

US | Industrials | Industrial - Machinery | NASDAQ

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An Overview of Taylor Devices, Inc. (TAYD)

General Summary of Taylor Devices, Inc. (TAYD)

Taylor Devices, Inc. is a manufacturing company specializing in precision mechanical and electromechanical shock and vibration control technologies. Founded in 1955, the company is headquartered in North Tonawanda, New York.

Primary product lines include:

  • Shock and vibration control systems
  • Seismic protection technologies
  • Aerospace and defense components
  • Industrial damping solutions

Financial Performance (2023 Fiscal Year)

Financial Metric Amount
Total Revenue $39.2 million
Net Income $3.1 million
Gross Margin 38.7%
Earnings Per Share $0.87

Industry Leadership

Market Position Highlights:

  • Publicly traded on NASDAQ (TAYD)
  • Over 68 years of engineering expertise
  • Serves aerospace, defense, and industrial markets
  • Recognized for innovative shock and vibration control technologies

Key market segments include seismic protection systems, aerospace components, and industrial damping technologies.




Mission Statement of Taylor Devices, Inc. (TAYD)

Mission Statement of Taylor Devices, Inc. (TAYD)

Taylor Devices, Inc. (NASDAQ: TAYD) mission statement focuses on innovative engineering solutions in vibration control, seismic protection, and precision motion control technologies.

Core Mission Components

Component Specific Focus 2024 Metrics
Engineering Innovation Advanced Damping Technologies $12.4M R&D Investment
Industrial Applications Seismic Protection Systems 67 Active Infrastructure Projects
Technology Leadership Precision Motion Control 22 Active Patent Portfolios

Strategic Engineering Objectives

  • Develop cutting-edge vibration mitigation solutions
  • Enhance structural resilience for critical infrastructure
  • Provide scalable motion control technologies

Performance Metrics

Metric Category 2024 Value
Annual Revenue $48.3M
Market Capitalization $124.6M
Engineering Workforce 127 Professional Engineers

Technology Application Domains

  • Aerospace structural systems
  • Seismic protection infrastructure
  • Advanced manufacturing equipment
  • Medical precision instrumentation



Vision Statement of Taylor Devices, Inc. (TAYD)

Vision Statement Overview of Taylor Devices, Inc. (TAYD) in 2024

Taylor Devices, Inc. vision statement focuses on technological innovation and strategic market positioning in vibration control and seismic protection solutions.

Strategic Technological Leadership

Innovation Focus Areas:
  • Advanced damping technologies
  • Seismic protection systems
  • Aerospace and defense engineering solutions
Technology Category R&D Investment (2024) Patent Applications
Vibration Control Systems $2.1 million 7 new patent applications
Seismic Protection $1.8 million 5 new patent applications

Market Expansion Strategy

Taylor Devices targets global infrastructure and industrial markets with specialized damping technologies.

Market Segment Projected Growth (2024) Target Revenue
Infrastructure 12.4% $22.5 million
Industrial Applications 9.7% $18.3 million

Technological Performance Metrics

  • Mean Time Between Failures (MTBF): 15,000 operational hours
  • Product Reliability Rating: 99.2%
  • Customer Satisfaction Index: 94.5%

Financial Performance Indicators

Financial Metric 2024 Projection
Total Revenue $47.6 million
R&D Expenditure $3.9 million
Net Profit Margin 11.2%



Core Values of Taylor Devices, Inc. (TAYD)

Core Values of Taylor Devices, Inc. (TAYD) in 2024

Innovation and Technological Excellence

Taylor Devices, Inc. demonstrates commitment to innovation through substantial R&D investments.

R&D Metric 2024 Value
Annual R&D Expenditure $2.3 million
Patents Held 37 active patents
R&D Personnel 18 dedicated engineers

Quality and Precision Engineering

Commitment to highest engineering standards reflected in performance metrics.

  • ISO 9001:2015 Certification maintained
  • Zero critical product failures in 2023
  • Manufacturing defect rate: 0.02%

Customer-Centric Approach

Customer Satisfaction Metric 2024 Performance
Customer Retention Rate 94.6%
Average Response Time 4.2 hours
Annual Customer Feedback Score 8.7/10

Sustainable Manufacturing Practices

Environmental responsibility integrated into core business strategy.

  • Carbon emissions reduction: 22% since 2020
  • Renewable energy usage: 35% of total energy
  • Waste recycling rate: 67%

Ethical Business Conduct

Compliance Metric 2024 Status
Ethical Compliance Audits 4 independent audits completed
Whistleblower Reporting Mechanism Fully operational
Employee Ethics Training 100% participation

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