TransTechnology

John Wolz

TransTechnology
2001 Revenue$328 million
2000 Revenue $299.3 million
2001 Closing Price10.20
2000 Closing Price3.19

Corporation is aggressively divesting this year to control debt. plans to be solely a manufacturer of niche aerospace products.
has divested its hose clamp businesses in the U.S. and Germany, as well as engineered components, aerospace rivet and German retaining ring businesses. In the coming months will sell its its U.S., UK and Brazilian retaining ring operations.
CEO Michael Berthelot said is �very near to the completion of our restructuring and divestiture program.� The completed sales have reduced corporate debt from $272.5 million to $107.6 million. Its fourth quarter interest expenses have dropped from $8.5 million to $4.3 million.

Headquarters: 150 Allen Rd., Liberty Corner, NJ 07938. Tel: 908 903-1600 Fax 908 903-1616
Web: transtechnology.com
NYSE Symbol: TT
CEO: Michael Berthelot
Investor Relations: Janet Harmsen
Key fastener executive: Robert Tunno, president of industrial products.
Employees: 2,300
Percentage of revenue from fastener-related products: 78% \�2002 FastenerNews.com