What is Nordam Group?
NORDAM is a family-owned, global aerospace manufacturing and repair firm headquartered in Tulsa, Okla., employing 2,500 stakeholders across nine facilities on three continents. It is one of the largest independently-owned aerospace companies in the world.
Who owns NORDAM?
The Siegfried family
The Siegfried family retains majority ownership and control of the business while Carlyle holds a minority position. NORDAM is in the process of paying all of its creditors 100 cents on the dollar.
Who is NORDAM?
Headquartered in Tulsa, Oklahoma, NORDAM is one of the world’s largest independently owned aerospace companies, employing 2,500 stakeholders across multiple facilities in North America, Europe and Asia Pacific.
How many employees does NORDAM have?
NORDAM has 2,500 employees and is ranked 16th among it’s top 10 competitors. The top 10 competitors average 44,792.
Who owns Nordam in Tulsa?
Siegfried family
Tulsa-based The NORDAM Group Inc. has secured support from a Washington, D.C.-based equity firm that, along with new debt financing, will fund the aerospace manufacturer and repair firm’s exit from Chapter 11 bankruptcy. The Siegfried family will retain its 50-year ownership and oversight of the business.
What kind of work does Nordam Group do?
The NORDAM Group Inc. provides aerospace components manufacturing and repair services. The Company custom cabinetry, integrated interiors, monuments, flat panels, composite structures and radomes, integrated propulsion systems, liners, exhaust components, airframes, and flight control surfaces. NORDAM Group serves clients worldwide.
Where is Nordam aerospace manufacturing and repair located?
NORDAM is a family-owned, global aerospace manufacturing and repair firm headquartered in Tulsa, Okla., employing 2,500 stakeholders across nine facilities on three continents. It is one of the largest independently-owned aerospace companies in the world.
Why did Ray Nordam name his company Nordam?
The company’s name was NORDAM, which was so similar to “Notre Dame” (his beloved alma mater) that Ray felt it must be an omen. After all, NORDAM held six of the nine letters, in the correct order, found in the university’s name. So he kept the name, honoring what he saw as providence.
What was the latest funding round for Nordam?
NORDAM’s latest funding round in April 2019 was reported to be $140 m. In total, NORDAM has raised $140 m NORDAM’s revenue was reported to be $434 m in Y, 2017 which is a 0.9% increase from the previous period.