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Slide #4. RTI International Metals — Dynamet Technology
RTI International Metals (RTI)
RTI International Metals, Inc. (NYSE:RTI), announced today it has acquired Dynamet Technology, Inc., an industry innovator in titanium powder metallurgy and a supplier of near-net shape titanium and titanium alloy preforms and components to commercial aerospace, defense, biomedical and industrial customers. Based in Burlington, Mass., Dynamet Technology will be included in RTI's Titanium Segment. Purchase terms of the transaction were $15.5 million in cash, plus potential future cash consideration.
RTI International Metals is a holding company. Co. is a producer and supplier of titanium mill products and a manufacturer of fabricated titanium and metal components for the international aerospace, defense, energy, medical device, and other markets. Co. has two business segments: Titanium, which melts, forges, processes, produces, stocks, distributes, finishes, and facilitates delivery services of a range of titanium mill products; and Engineered Products and Services, which is comprised of companies with hard and soft-metal capabilities that form, extrude, fabricate, machine, additively manufacture, micro-machine, and assemble titanium, aluminum, and other metal parts and components.
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Hold (2.50 out of 4)
(ranked higher than approx. 100% of all stocks covered)
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