Three New Furnaces - Two 1st Stage Melting - One 2nd Stage Vacuum Melting

Transcription

1 New Quality Control Building (Building 21) Mallory-Sharon Titanium and National Distillers Form Jointly Owned Reactive Metals in Ashtabula, Ohio James A. Roemer Resigns to Become President of Sharon Steel Total 2.5 Million Lbs. Mallory-Sharon Titanium Corporation Changes Ownership and Renamed Mallory-Sharon Metals Corporation Mallory-Sharon Titanium Corporation Formed as a Delaware Corporation Located in Niles, Ohio 1st Titanium Ingot 8 Diameter, 108 Lbs. 1st R&D Lab Built in Niles, Ohio Exclusively for Titanium 16 Diameter, 4,000 Lbs. Ingot Produced New Melt Shop Constructed Increased Capacity 6,000+ tons/yr. Reactive Metals, Inc. in Ashtabula is Merged Into Mallory-Sharon Metals Corporation with James Roemer, Chairman of the Board, and Frank Vandenburgh, President & CEO James A. Roemer 1st Company President FJ-2 Becomes First Production Aircraft to Use Titanium Total 5,000 Lbs. $9/Lb. for Billets $20/Lb. for Sheet Total 120,000 Lbs. Three New Furnaces - Two 1st Stage Melting - One 2nd Stage Vacuum Melting Purchased Niles Rolling Mill Division of Sharon Steel Located in Niles, Ohio Titanium Used in: McDonnell s F-101 Lockheed s F-104 Boeing s B-52 Other Aerospace Programs Frank H. Vandenburgh 2nd Company President Pentagon Reduces Aircraft Procurement Program by 30% Reach 3 Million Lbs. 26% of Industry Reactive Metals Adds: - Stauffer Chemical Ashtabula, Ohio - Mallory-Schwartzkarp Huntsville, Alabama - Johnson & Funk Metallurgical Corporation Wooster, Ohio - Joint Venture with Atlas Steel Welland, Ontario Resolution Passed Authorizing Contract with Bridgeport Brass Committee to Manage Mallory-Sharon Metals st Atomic Submarine Disneyland Opens Dwight Eisenhower Re-Elected Russia Launches Sputnik NASA Formed Dwight Eisenhower Elected 34th Fidel Castro Takes Over Cuba Alaska and Hawaii Become 49th and 50th States

2 United States Steel Corporation Purchased 50% of Assets of the Division from National Distillers & Chemical Corp. (Ashtabula Sodium Plant Became Part of New Co.) Company Renamed Reactive Metals, Inc. McDonnell s F-4 Aircraft Reached Peak Production for the Air Force and Navy John W. Price 4th Company President Wide-body Commercial Jets and Large Jet Engines Consume More Titanium 1st Product Produced on the 60-Inch Rolling Mill (Best Quality in the Industry) Mallory-Sharon Metals Corp. Renamed Reactive Metals Inc. Raymond A. Quadt 3rd Company President Tube Mill Transferred from Bridgeport Brass to Reactive Metals for Both Titanium and Zirconium Seamless Tube National Distillers Becomes Sole Owner and Renamed Bridgeport Brass-Reactive Metals Products Division $ 2.35/Lb. for Billet $ 9.00/Lb. for Sheet Total 12.2 Million Lbs. 3,000-ton Forging Press Installed at Niles Dick Tracy Comic Strip Features Titanium Titanium Used in NASA Space Projects Total 18 Million Lbs. Reactive Metals Spends $70 Million on a 4-year Program to Increase Sponge Capacity to 15 Million Lbs. and Install New Processing Equipment Soar to Over 27 Million Lbs. 1st International Titanium Conference Held in London Industry Titanium Shipments Increased to 32 Million Lbs President John F. Kennedy Assassinated Vietnam War Escalates Lyndon B. Johnson Elected Chinese Cultural Revolution Martin Luther King, Jr. and Robert Kennedy Assassinated John F. Kennedy Elected 35th Berlin Wall Built Bay of Pigs Cuban Missile Crisis John Glenn Orbits the Earth Lyndon B. Johnson Sworn in as 36th Richard M. Nixon Elected 37th Neil Armstrong Becomes 1st Man on the Moon Vietnam Troop Withdrawal Begins

3 GFM Installed for Production of Bar & Billet up to 10 Diameter 36 Diameter, 14,000 Lbs. Ingot Produced Vacuum Creep Flattening Unit Installed McDonnell-Douglas F-15 and Grumman s F-14 Airframes Weights are Over 30% Titanium Rockwell s B-1 Bomber Uses 200,000 Lbs. of Titanium Per Aircraft All-Titanium SR 71 Reconnaissance Aircraft Sets World Speed and Altitude Record Standard Ingot Size Reaches 36 Diameter, 20,000 Lbs. Industry Product Market Mix: - 45% Commercial Aerospace - 38% Defense Aerospace - 17% Nonaerospace Boeing 747 Launched and Consumes Just Under 100,000 Lbs. of Titanium Per Plane Reactive Metals, Inc. Renamed RMI Company RMI Purchases TRADCO in Washington, Missouri Reach a Record Total 35 Million Lbs. James L. Daniell 5th Company President President Carter Cancelled Rockwell B-1 Bomber 1979 Industry Titanium Shipments Reach 46 Million Lbs Kent State University Student Riots Break Out Over the Vietnam War Richard M. Nixon Re-Elected Watergate Scandal Richard M. Nixon Resigns the Presidency of U.S. Microsoft Founded Concorde Takes Flight John Paul II Becomes Pope Gerald R. Ford sworn in as 38th Jimmy Carter, Jr. Elected 39th

4 RMI Announces Purchase of Micron Metals, Inc. in Salt Lake City, Utah. Puts Company in the Powder Business RMI Introduced a New Alloy, Beta-C, for Offshore Oil and Other Severe Environments L. Frederick Gieg, Jr. 6th Company President Addition of the New Bliss 3,000-ton Forging Press RMI Invested $8 Million in Capital Expenditures to Enlarge Manufacturing Capacity RMI Enters the Tube and Pipe Market New $20 Million Melt Shop Built in Niles, Ohio Employee Participation Teams Organized RMI Signs an Agreement with A.M. Castle as Sole Distributor of RMI Mill Products in the U.S. More Than 2,000 Attend RMI Open House RMI Broke Ground for its New Multi-Million Dollar Welded Tube Mill Located in Hermitage, Pennsylvania Crosby Quality Improvement Process Training was Given to Employees Titanium Time Capsule Donated to Honor the 200th Anniversary of the Northwest Ordinance and the U.S. Constitution Installation of EMG Electrolytic Cell; Ashtabula Sponge Expansion Ronald Reagan Re-Elected Berlin Wall Torn Down Ronald Reagan Elected 40th U.S. President George H. Bush Elected 41st

5 RMI and Japan s NKK Form Partnership to Produce and Market SP-700 Titanium Alloy RMI Closes Sponge and Sodium Plant RMI Established a New Regional Office & Warehouse Near Birmingham, England to Serve its Expanding List of European Customers RMI Titanium Shareholders Approve Formation of Ohio Holding Company Named RTI International Metals, Inc. Exceed 62 Million Lbs. RMI s Stock Begins Trading on the New York Stock Exchange Under the RTI Ticker Symbol RMI Received Alcoa Quality Award RMI Receives McDonnell Aircraft Preferred Supplier Award RMI Purchases 40% of REAMET SA in Villette, France Rolling Mill Modernized RMI Enters Exclusive Agreement with DOT (Deep Oil Technology) to Supply Offshore Oil and Gas Structures RMI Certified to ISO 9002 Quality Standard by the Bureau of Veritas Quality International RMI Produces Titanium for the Oil and Gas Industry in the North Sea and Gulf of Mexico Awarded a 3-Year Geothermal Pipe Contract with MAGMA Operating Company, Brawley, California, Valued in Excess of $7 Million 13.7 Million Shares of RMI Common Stock Issued in Rights Offering Multizone Sonic Installed RMI Produces 1st Titanium Drilling Riser for Conoco RMI Obtained NADCAP Quality Certification for Laboratory and Sonic Inspection RMI Produces 1st Titanium Geothermal Casing for CALENERGY, Located in the Salton Sea Titanium Tees Off in the Golf Market Company President L. Frederick Gieg, Jr. Retires RMI Acquires 90% of Galt Alloys in Canton, Ohio, and Begins Construction of Scrap Handling Facility, Plasma Consolidation Furnace, and Plasma Hearth Furnace RMI Obtained AS 9000 Quality Approval RMI Recognized by Lockheed Martin as a Star Supplier RMI Named Sole Supplier for Lockheed Martin/Boeing F-22 Fighter Jet RTI Acquires New Century Metals, Inc. of Solon, Ohio. Company Enters Extrusion and Specialty Metals Distribution Businesses RTI Acquires Weld Tech Engineering of Houston, Texas, Which Adds Engineering and Fabrication Capabilities Timothy G. Rupert 7th Company President Galt Alloys Master Process Division and Titanium Process Division Received ISO 9002 and AS 9000 Quality Approvals Iraq Attacks Kuwait. U.S. Retaliates Against Iraq in U.S. Desert Storm Terrorists Bomb World Trade Center in New York City Oklahoma City Bombing William J. Clinton Re-Elected William J. Clinton Elected 42nd

6 RMI Selected by BAE Systems to Supply Titanium Components for a New Lightweight Howitzer RTI Signs Agreements with Kawasaki Heavy Industries and Fuji Heavy Industries for Supplying Titanium Structural Components for Boeing 787 Dawne S. Hickton Vice Chairman and Chief Executive Officer RMI Awarded Prestigious Boeing Q100 Supplier Award RMI Acquires 100% of REAMET in Villette, France RTI Europe Formed, German and Italian Locations Added to UK and French Facilities RTI Energy Systems Order Backlog Exceeds $20 Million RTI Officials Ring Opening Bell at the New York Stock Exchange (NYSE) in Commemoration of the 50th Anniversary of RMI RTI Adds 5,000-Ton Extrusion Press in Houston, Texas RTI Enters New Agreement with EADS of Europe for Production of Eurofighter Typhoon, Airbus Family of Commercial Aircraft RTI Energy Systems Wins $12 Million Contract for Unocal s West Seno Project in Indonesia RTI Signs Agreement to Acquire Claro Precision, Inc. in Montréal, Québec RTI Energy Systems has been Selected to Provide Titanium Stress Joints to BP for its Shah Deniz Project in the Caspian Sea, Azerbaijan RTI Secures Contract with BAE Systems to Provide Value-Added Titanium Flat-Rolled Products for Eurofighter Typhoon Through 2009 RTI Inks $800 Million Contract with Airbus to Supply Titanium Products for its Family of Commercial Aircraft RTI Announces $35 Million Expansion Initiative Linked to New Boeing 787-Related and Airbus Contracts $2 Billion Contract Signed with Lockheed Martin for Titanium Components for F-35 Joint Strike Fighter Additional $1.1 Billion Contract Signed with Airbus RTI Announces Plans to Build Premium-Grade Titanium Sponge Facility in Hamilton, Mississippi RTI Signs 10-Year, $900 Million Contract with Boeing for Production of the 787 RTI Posts Record Sales ($626.8 Million) and Record Net Income ($75.7 Million) RTI Moves Corporate Headquarters to Pittsburgh, Pennsylvania Terrorists Crash Airliners into World Trade Center in New York City, Pentagon in Washington, D.C. George W. Bush Re-Elected George W. Bush Elected 43rd Barack Obama Elected 44th

7 RTI begins commercial titanium forging and hot grinding operations at its new $140 million plant in Martinsville, Va. RTI acquires the Osborn Steel Extrusions business unit of Osborn Metals Limited in Great Britain, enhancing capabilities in the manufacture of less than six inch diameter extruded titanium and stainless steel hollows and near-net shape profile parts. Unit is renamed RTI Extrusions Europe, Ltd. RTI enhances its hot and superplastic forming capabilities with acquisition of the forming division of Aeromet International PLC, in Great Britain. Unit is renamed RTI Advanced Forming, Ltd. RTI acquires Remmele Engineering, Inc. of Minneapolis, Minn. Transaction gives RTI advanced robotic manufacturing and precision engineering capabilities to serve customers in aerospace, defense and medical device markets. Commercial titanium melting begins at RTI s $20 million Electron Beam furnace in Canton, Ohio. RTI gains leadership position in commercially proven 3-D Printing through acquisition of Directed Manufacturing in Austin, Texas, which produces titanium and specialty metal parts and prototypes for major aerospace, jet engine and medical device customers Barack Obama Re-elected