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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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