Before 1986, Twin Manufacturing was a tool manufacturing and fabrication services supplier. In 1986, TWIN was purchased by Paul K. D'Arcy. As a co-founder and Managing Partner of Windsor Manufacturing & Airmotive from 1950 until selling the company to Barnes Group in 1981, Paul brought extensive international aerospace business acumen to TWIN. As President of TWIN, Paul immediately began our transition into the turbine component aftermarket. Throughout the 1990s TWIN continued to change and innovate by adding new employees and new capabilities.
In 2004, Paul promoted then TWIN Executive Vice President, Dan Peach to the role of President. Under Dan's leadership, TWIN MRO transitioned into a formal Lean/Continuous Improvement business operating system that has significantly improved our overall efficiency. During this time we transitioned our company name to include doing business as "TWIN MRO". This change reflected the majority of our business being in aviation aftermarket or Maintenance, Repair, and Overhaul (MRO). We added more office space in 2015 and more new machines in 2016.
In July 2016, Dan led the ownership change from a privately held corporation to 100% employee-owned (ESOP). From 2018 through the first half of 2020 we added additional capacity through new machines and employee-owners. In 2021 and 2022, we completed our largest-ever plant expansion, which included new inspection and NDT equipment, a new plant layout, and a large parking lot to accommodate even more employee-owners.
In December 2022, Dan Peach promoted Executive Vice President Craig Wurmnest to President, effective January 1, 2023. Dan retires from day-to-day management but remains on as Chairman of the Board of Directors. 2023 brings more new machines and more capacity. As for the future, we are planning for managed, sustainable growth through continuous reinvestment in our people and facilities.