Titanium Metals Corporation
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Titanium Metals Corporation, or most commonly referred to as TIMET, a shortened version of "TItanium METals" that is a registered company trademark. TIMET, founded in 1950, is an American manufacturer of
titanium Titanium is a chemical element with the Symbol (chemistry), symbol Ti and atomic number 22. Found in nature only as an oxide, it can be reduced to produce a lustrous transition metal with a silver color, low density, and high strength, resista ...
-based metals products, focusing primarily on the
aerospace Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astr ...
industry headquartered in
Warrensville Heights, Ohio Warrensville Heights is a city located in Cuyahoga County, Ohio, United States. It is an East Side suburb of Cleveland. The population was 13,789 at the 2020 U.S. Census. Geography Warrensville Heights is located at (41.438653, -81.523262). Ac ...
. Its major U.S. operations are based in
Morgantown, Pennsylvania Morgantown is a census-designated place in Caernarvon Township, located in southern Berks County, Pennsylvania. It is located partially in Caernarvon Township in Lancaster County. As of the 2010 census, the population was 826 residents. H ...
; Henderson, Nevada;
Vallejo, California Vallejo ( ; ) is a city in Solano County, California and the second largest city in the North Bay region of the Bay Area. Located on the shores of San Pablo Bay, the city had a population of 126,090 at the 2020 census. Vallejo is home to th ...
; and
Toronto, Ohio Toronto is a city in eastern Jefferson County, Ohio, located along the Ohio River 6 miles northeast of Steubenville. The population was 5,303 at the time of the 2020 census, making it the second-largest city in Jefferson County. It is part of the ...
. Its overseas operations are primarily based in the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...
(in
Waunarlwydd Waunarlwydd ( en, The Lord's Meadow – ''arlwydd'' is a local variant of ''arglwydd'') is a village and community in Swansea, Wales, within the newly formed Waunarlwydd ward in 2021. Wendy Lewis Labour is the first elected councillor for the ...
and Witton) and in
France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...
(in the village of
Ugine Ugine (; frp, Ugena) is a commune in the Savoie department in the Auvergne-Rhône-Alpes region in south-eastern France. Geography Climate Ugine has a oceanic climate (Köppen climate classification ''Cfb''). The average annual temperature in ...
). In September, 2007, TIMET entered into a ten-year supply agreement with United Technologies Corp (UTC). Under the agreement, TIMET would supply titanium to UTC for commercial and military aircraft and aircraft engines. In November 2012, the company was purchased for $2.9 billion by Precision Castparts Corp.(PCC) and now operates under the PCC Metals Group Division. In January 2016, Precision Castparts Corp. became a subsidiary of
Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiu ...
.


References

Titanium companies Metal companies of the United States Companies formerly listed on the New York Stock Exchange Manufacturing companies based in Dallas Toronto, Ohio 2012 mergers and acquisitions Berkshire Hathaway American corporate subsidiaries {{US-manufacturing-company-stub