TT Technologies Revenue and Competitors

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.