Titanium Metals Corporation · Dallas, TX United States ·(NYSE: TIE)
Company Description
Phone: 972-934-5300
Fax: 972-934-5343
Rankings
- S&P 500
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This link will open in a new window Titanium Metals (TIMET) is soaking up sales with its titanium sponge. Along with titanium sponge (primary titanium), the company makes melted, mill, and fabricated titanium products. Titanium is a lightweight metal used by commercial and military aerospace manufacturers and the power generation, pollution control, and auto industries. TIMET's aerospace customers, which include Boeing , Rolls-Royce , and United Technologies , use titanium for applications such as jet engine components and wing supports. The industry accounts for well more than half of TIMET's business. Dallas billionaire Harold Simmons, through controlled companies like Valhi and other entities, controls a majority stake in the company. To read the full description, subscribe now.
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Key Titanium Metals Corporation Financials
| Company Type | Public - NYSE: TIE Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,151.5 |
| 2008 Employees | 2,670 |
Titanium Metals Corporation Executives
16 executives listed for Titanium Metals Corporation's Dallas, TX location.
| Title | Name & Bio | Contact |
| Chairman | Harold Simmons | Network |
| Vice Chairman and CEO | Steven Watson | Network |
| President | Bobby O'Brien | Network |
Competition
Competitive Landscape for Titanium Metals Corporation
Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.Top Titanium Metals Corporation Competitors
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