Type | subsidiary |
---|---|
Industry | Titanium alloy production |
Founded | 1950 |
Headquarters | Pittsburgh, United States |
Key people | Dawne Hickton (CEO) |
Products | Titanium sponge; titanium alloy ingot, sheet, strip, billet, plate, tube |
Revenue | US$505.39 million (2006) |
Number of employees | 1,362 (2007) |
Parent | Howmet Aerospace |
Website | www.rtiintl.com (archived July 22, 2015) |
RTI International Metals (RMI Titanium Company Inc.(Reactive Metals Inc.), founded in 1950, is a leading US producer of titanium mill products and fabricated metal components for the global market. Through its various subsidiaries, RTI manufactures and distributes titanium and specialty metal mill products, extruded shapes, formed parts and engineered systems for aerospace, industrial, defense, energy, chemical, and consumer applications for customers around the world. The company is commonly referred to simply as RTI. The vice chairman, president, and chief executive officer was Dawne Hickton until 2015. [1]
Its major U.S. operations are based at its Pittsburgh headquarters with facilities in Martinsville, Virginia; Niles, Ohio; Canton, Ohio; Salt Lake City, Utah; Road Spring, Texas; Houston, Texas; Washington, Missouri; Windsor, Connecticut; Garden Grove, California; Indianapolis, Indiana; Sullivan, Missouri; and Montreal, Quebec, Canada. Its overseas operations are based in the United Kingdom, Germany, France, Italy, and China.
In March, 2015, RTI International Metals, Inc. was acquired by Alcoa in a stock-for-stock transaction valued at $1.5 billion. [2] [3] [4]
On Nov 10, 2005, RTI International Metals, Inc. restated its consolidated statement of cash flows for 2004 form 10-K and March 31 and June 30, 2005, Forms 10-Q, due to a newly founded error in the manner in which the company previously classified cash flows from the tax effects of the exercise of employee stock options. [5]
In 2007, the company was ranked 7th on CNNMoney.com's list of the United States' 100 fastest growing companies. [6]
RTI announced plans in 2007 to build a new premium-grade sponge plant contiguous to the Tronox plant in Hamilton, Mississippi. [7] In 2010, RTI announced that it would indefinitely idle its plans to construct the plant in favor of two long-term contracts with Toho Titanium Co., Ltd. and Osaka Titanium Technologies. [8]
RTI International also has a plant in Laval, Quebec called RTI Claro.
Domtar Corporation is an American company that manufactures and markets wood fiber-based paper and pulp product. The company operates pulp and paper mills in Windsor, Quebec, Dryden, Ontario, Kamloops, British Columbia, Ashdown, Arkansas, Hawesville, Kentucky, Plymouth, North Carolina, and Marlboro County, South Carolina. While the company operated independently for several decades with listing on the Toronto and New York stock exchanges, the company was acquired by Paper Excellence in November 2021 and has since operated as a subsidiary.
Rio Tinto Alcan is a subsidiary of Rio Tinto, based in Montreal. It was created on 15 November 2007 as the result of the merger between Rio Tinto's Canadian subsidiary and Canadian company Alcan.
Alcoa Corporation is a Pittsburgh-based industrial corporation. It is the world's eighth-largest producer of aluminum. Alcoa conducts operations in 10 countries. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling.
The Goodrich Corporation, formerly the B.F. Goodrich Company, was an American manufacturing company based in Charlotte, North Carolina. Founded in Akron, Ohio in 1870 as Goodrich, Tew & Co. by Benjamin Goodrich, the company name was changed to the "B.F. Goodrich Company" in 1880, to BFGoodrich in the 1980s, and to "Goodrich Corporation" in 2001. Originally a rubber manufacturing company known for automobile tires, the company diversified its manufacturing businesses throughout the twentieth century and sold off its tire business in 1986 to focus on its other businesses, such as aerospace and chemical manufacturing. The BFGoodrich brand name continues to be used by Michelin, who acquired the tire manufacturing business in 1988. Following the acquisition by United Technologies in 2012, Goodrich became a part of UTC Aerospace Systems.
ATI Inc. is an American producer of specialty materials, the company is headquartered in Dallas, Texas.
Klaus-Christian Kleinfeld is the former chairman and chief executive officer (CEO) of Arconic. Kleinfeld is former chairman and CEO of Alcoa Inc., and former president and CEO of Siemens AG. Kleinfeld stepped down as chairman and CEO of Arconic on 17 April 2017. In October 2017, he was named director of Saudi Arabia's Neom initiative. It was announced in July 2018 that Kleinfeld would be promoted from director of Neom to advisor of Crown Prince Muhammad bin Salman on 1 August 2018, and that Nadhmi Al-Nasr would succeed him as director of Neom.
OM Group Incorporated is a metal-based chemistry firm based in Cleveland, Ohio, United States. It is a provider of speciality chemicals, advanced materials and technologies. The company was listed on the New York Stock Exchange prior to being privatized by Apollo Global Management in June 2015.
NewPage was a leading producer of printing and specialty papers in North America with $3.1 billion in net sales for the year ended December 31, 2012. NewPage was headquartered in Miamisburg, Ohio, and owned paper mills in Kentucky, Maine, Maryland, Michigan, Minnesota and Wisconsin. These mills have a total annual production capacity of approximately 3.5 million tons of paper.
Kaiser Aluminum Corporation is an American aluminum producer. It is a spinoff from Kaiser Aluminum and Chemicals Corporation, which came to be when common stock was offered in Permanente Metals Corporation and Permanente Metals Corporation's name was changed to Kaiser Aluminum and Chemicals Corporation.
Kennametal is an American supplier of tooling and industrial materials founded in 1938 by Philip M. McKenna in the Latrobe, Pennsylvania area.
Precision Castparts Corp. is an American industrial goods and metal fabrication company that manufactures investment castings, forged components, and airfoil castings for use in the aerospace, industrial gas turbine, and defense industries. In 2009 it ranked 362nd on the Fortune 500 list, and 11th in the aerospace and defense industry. In 2015 it ranked 322nd overall and 9th in the aerospace and defense industry. In 2014 it ranked 133rd on the S&P 500 based on market capitalization. In January 2016, the company became a subsidiary of Berkshire Hathaway. Before that event, it used to be one of the three Fortune 500 companies headquartered in Oregon.
RPM International Inc. is an American multinational company with subsidiaries that manufacture and market specialty coatings, sealants and building materials. Industrial brands include, Tremco, Carboline, Universal Sealants, Stonhard, RPM/Belgium, Euco, Day-Glo and Dryvit. RPM's consumer products are used by professionals and do-it-yourselfers for home maintenance and improvement and by hobbyists. Consumer brands include Zinsser, Rust-Oleum, DAP, Varathane and Testors.
Aleris Corporation was an American aluminum rolled products producer, based in Beachwood, Ohio. The company had approximately 5,000 employees globally as of mid 2015.
Evergy, Inc. is an American investor-owned utility (IOU) with publicly traded stock that has its headquarters in Topeka, Kansas, and in Kansas City, Missouri. The company was formed from a merger of Westar Energy of Topeka and Great Plains Energy of Kansas City, Missouri, parent company of Kansas City Power & Light. Evergy is the largest electric company in Kansas, serving more than 1.6 million residential, commercial and industrial customers in Kansas and Missouri. Evergy has a generating capacity of 16,000 megawatt electricity from its over 40 power plants in Kansas and Missouri. Evergy service territory covers 28,130 square miles (72,900 km2) in east Kansas and west Missouri. Evergy owns more than 13,700 miles (22,000 km) of transmission lines and about 52,000 miles of distribution lines.
The Andersons, Inc. is an American agribusiness established in 1947, that began as Andersons Truck Terminal (ATT) in the 1940s for the grain industry, headquartered in Maumee, Ohio. It is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and plant nutrient sectors.
Dawne Eileen Sepanski Hickton is an American business executive. She is the chief operating officer and president of the aerospace, technology and nuclear businesses of the Jacobs Engineering Group. Before that, she was CEO of Pittsburgh-based RTI International Metals.
Crucible Industries, commonly known as Crucible, is an American company which develops and manufactures specialty steels, and is the sole producer of Crucible Particle Metallurgy (CPM) steels. The company produces high speed, stainless and tool steels for the automotive, cutlery, aerospace, and machine tool industries.
Howmet Aerospace Inc. is an American aerospace company based in Pittsburgh, Pennsylvania. The company manufactures components for jet engines, fasteners and titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.
Arconic Corporation is an American industrial company specializing in lightweight metals engineering and manufacturing. Arconic's products are used worldwide in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications.