TT Technologies Revenue and Competitors

Chicago, IL USA

Location

N/A

Total Funding

Engineering

Industry

Estimated Revenue & Valuation

  • TT Technologies's estimated annual revenue is currently $3.8M per year.(i)
  • TT Technologies's estimated revenue per employee is $80,000

Employee Data

  • TT Technologies has 48 Employees.(i)
  • TT Technologies grew their employee count by 4% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$56.1M284-27%N/AN/A
#2
$10M10014%N/AN/A
#3
$11.7M1171%N/AN/A
#4
$2.6M3223%N/AN/A
#5
$3.1M398%N/AN/A
#6
$0.7M11-63%N/AN/A
#7
$6.5M729%N/AN/A
#8
$70M56040%N/AN/A
#9
$0.8M1330%N/AN/A
#10
$233.5M1668N/AN/AN/A
Add Company

TT Technologies is a U.S. corporation owned by its employee investors and Tracto-Technik. The company manufactures and distributes Tracto-Technik products, with exclusive rights to the technology for the United States, Canada and Mexico. According to Chris, TT Technologies is a "stand-alone entity that has to produce." Chris said that the company imports critical components from Germany, but manufactures about 40 percent of the parts and accessories used in its products. "We can make the heads or tails or any of the accessories domestically. You can't get that steel here; there's only one place that makes our steel, so we would have to import it from Europe, as well. "Our marketing is tailored toward the completion in North America, which is definitely a lot tougher than in other parts of the world," said Chris. "The Germans find that our people and contractors give them probably more stimulating ideas.""We get the advantage of global eyes and ears, because Tracto-Technik has operations in so many different countries." With the formation of TT Technologies in 1991, the company also moved to Aurora, IL, a Chicago suburb. Many of the former Vibra King staff also made the move. Key to present operations are: Dave Holcolmb, a 20-year veteran employee who is now the vice president; Mike Schwager, pipe ramming/bursting product specialist; Rick Bissonette, service manager; Brian Matson, national sales manager; and Mike Patton, customer service manager. Gena Brahler, Chris' wife who holds an accounting degree, agreed to help after the move on a part-time basis. Her role has grown, however, so that Gena now works full time as the controller. At the end of June, TT Technologies completed a move into expanded facilities a few miles from the original plant. Its new home provides 50 percent more space and there is room to grow at the new site. TT Technologies has immediate plans to expand to 40,000 sq. ft, and ultimately expects to grow to more than 70,000 sq. ft. In addition, the site provides demonstration and testing grounds, an important element lacking at the original site.

keywords:N/A

N/A

Total Funding

48

Number of Employees

$3.8M

Revenue (est)

4%

Employee Growth %

N/A

Valuation

N/A

Accelerator

TT Technologies News

2022-04-20 - Trane Technologies plc (NYSE:TT) Receives Average Rating ...

TT has been the topic of several analyst reports. The Goldman Sachs Group decreased their price objective on Trane Technologies from $180.00 to...

2022-04-20 - to Present at the Goldman Sachs Industrials & Materials ...

SWORDS, Ireland--(BUSINESS WIRE)-- Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership...

2022-04-20 - Transforming energy through technology

If solar, green hydrogen and cleaner motoring technologies are successfully deployed in TT, this could herald a new era of energy for the...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$4.6M484%N/A
#2
$10.4M487%N/A
#3
$8.1M4826%N/A
#4
$3.5M4820%N/A
#5
$3.5M484%N/A