Titanium
Metals
Leading supplier of
titanium metal products.
Headquarters:
1999 Broadway, Suite 4300
Denver, CO 80202
Employees: 2,369
CEO: Steven Watson
Stock Symbol: TIE
Website:
http://www.timet.com
Titanium Metals is the world's largest supplier of high quality
titanium metal products. With its unique combination of strength,
light weight, corrosion resistance and other metallurgical properties,
titanium is used in hundreds of diverse aerospace, industrial
and emerging applications where no other metal is as reliable
or economical, especially on a lifecycle costing basis.
As a fully-integrated titanium manufacturer
and distributor, the company's activities span every phase of
titanium research, manufacturing and sales. The company can convert
rutile ore into sponge; melt and refine ingot and slab; manufacture
mill products; and distribute products globally.
With the strong increase in metal prices
and demand for materials from overseas markets, Titanium Metals
is enjoying spectacular growth.
In 2005, the company announced revenues
of $749.8 million, a 49% increase from the previous year and
is forecasting sales of $1 billion in 2006. Net income for the
last year was $155.9 million.
The company has already announced two stock
splits this year following strong run ups in its share price.
Updated April 24, 2006
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