Titanium Metals

Titanium Metals, also known as TIMET, makes melted, milled, and fabricated titanium products. Titanium is a lightweight metal used by commercial and military aerospace manufacturers, as well as the power generation, pollution control, and auto industries. Billionaire investor Harold Simmons controls a majority stake in the company.

Fast Facts:

  1. Stock symbol: TIE, NYSE
  2. Annual revenue (2007): 1.279 billion U.S.
  3. Year Established: 1950
  4. Industry: Metals
  5. Phone: 1-972-233-1700
  6. Fax: 1-303-296-5602
  7. HQ: Dallas, Texas
  8. President: Bobby D. O'Brien
  9. CEO: Steven L. Watson
  10. CFO: James W. Brown
  11. Staff: 2,530
  12. Other key people (if applicable): Harold C. Simmons, Chairman of the Board
  13. Products: Primarily titanium alloy products

Company Profile

Titanium Metals Corp. is a manufacturer of titanium metal products and has facilities in the United States and Europe. The company melts titanium bars, plates, sheets and spools that are then formed and assembled into mill products. The majority of the company's income is derived from operations within the United States. Some of the company's largest customers include: Boeing, Rolls-Royce, UTC, Snecma and Wyman-Gordon.

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