Monday, July 30, 2007

Spoke To Titanium Metals Today

Their plant expansion in Henderson, Nevada was completed a few months ago and the original plant was opened in 1940. Therefore, increased earnings should include revenues from this operation that may not yet be anticipated. TIMET's current annual sponge manufacturing capacity, including the recent 4,000 metric ton expansion in Henderson, Nevada, is approximately 12,600 metric tons. Plans for the new facility are expected to provide for an initial 10,000 to 20,000 metric tons of capacity to be built in phases.