Haynes International, Inc., a subsidiary of Acerinox headquartered in

Kokomo, Indiana Kokomo ( ) is a city in and the county seat of Howard County, Indiana, United States. Its population was 60,093 according to the U.S. Census Bureau 2024 estimate. It is the principal city of the Kokomo, Indiana metropolitan area, Kokomo metropol ...

, is one of the largest producers of

corrosion Corrosion is a natural process that converts a refined metal into a more chemically stable oxide. It is the gradual deterioration of materials (usually a metal) by chemical or electrochemical reaction with their environment. Corrosion engine ...

-resistant and high-temperature

alloy An alloy is a mixture of chemical elements of which in most cases at least one is a metal, metallic element, although it is also sometimes used for mixtures of elements; herein only metallic alloys are described. Metallic alloys often have prop ...

s. In addition to Kokomo, Haynes has manufacturing facilities in

Arcadia, Louisiana Arcadia is a town in and the parish seat of Bienville Parish in northern Louisiana, United States. The population was 2,919 at the 2010 census. Arcadia has the highest elevation of any incorporated municipality in Louisiana. Arcadia's name co ...

Laporte, Indiana La Porte () is a city in LaPorte County, Indiana, United States, of which it is the county seat. Its population was estimated to be 21,341 in 2022. It is one of the two principal cities of the Michigan City-La Porte, Indiana metropolitan stat ...

, and Mountain Home, North Carolina. The Kokomo facility specializes in flat products, the Arcadia facility in tubular products, and the Mountain Home facility in wire products. In fiscal year 2018, the company's revenues were derived from 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 astron ...

(52.1%),

chemical A chemical substance is a unique form of matter with constant chemical composition and characteristic properties. Chemical substances may take the form of a single element or chemical compounds. If two or more chemical substances can be combin ...

processing (18.2%), industrial

gas turbine A gas turbine or gas turbine engine is a type of Internal combustion engine#Continuous combustion, continuous flow internal combustion engine. The main parts common to all gas turbine engines form the power-producing part (known as the gas gene ...

(12.0%) and other (12.3%) industries. The company's alloys are primarily marketed under the Hastelloy and the Haynes brands. They are based on

nickel Nickel is a chemical element; it has symbol Ni and atomic number 28. It is a silvery-white lustrous metal with a slight golden tinge. Nickel is a hard and ductile transition metal. Pure nickel is chemically reactive, but large pieces are slo ...

, but also include

cobalt Cobalt is a chemical element; it has Symbol (chemistry), symbol Co and atomic number 27. As with nickel, cobalt is found in the Earth's crust only in a chemically combined form, save for small deposits found in alloys of natural meteoric iron. ...

chromium Chromium is a chemical element; it has Symbol (chemistry), symbol Cr and atomic number 24. It is the first element in Group 6 element, group 6. It is a steely-grey, Luster (mineralogy), lustrous, hard, and brittle transition metal. Chromium ...

molybdenum Molybdenum is a chemical element; it has Symbol (chemistry), symbol Mo (from Neo-Latin ''molybdaenum'') and atomic number 42. The name derived from Ancient Greek ', meaning lead, since its ores were confused with lead ores. Molybdenum minerals hav ...

tungsten Tungsten (also called wolfram) is a chemical element; it has symbol W and atomic number 74. It is a metal found naturally on Earth almost exclusively in compounds with other elements. It was identified as a distinct element in 1781 and first ...

iron Iron is a chemical element; it has symbol Fe () and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, forming much of Earth's o ...

silicon Silicon is a chemical element; it has symbol Si and atomic number 14. It is a hard, brittle crystalline solid with a blue-grey metallic lustre, and is a tetravalent metalloid (sometimes considered a non-metal) and semiconductor. It is a membe ...

manganese Manganese is a chemical element; it has Symbol (chemistry), symbol Mn and atomic number 25. It is a hard, brittle, silvery metal, often found in minerals in combination with iron. Manganese was first isolated in the 1770s. It is a transition m ...

carbon Carbon () is a chemical element; it has chemical symbol, symbol C and atomic number 6. It is nonmetallic and tetravalence, tetravalent—meaning that its atoms are able to form up to four covalent bonds due to its valence shell exhibiting 4 ...

aluminum Aluminium (or aluminum in North American English) is a chemical element; it has chemical symbol, symbol Al and atomic number 13. It has a density lower than that of other common metals, about one-third that of steel. Aluminium has ...

, and/or

titanium Titanium is a chemical element; it has 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, resistant to corrosion in ...

History

The company was founded by

Elwood Haynes Elwood Haynes (October 14, 1857 – April 13, 1925) was an American inventor, metallurgist, automotive pioneer, entrepreneur and industrialist. He invented the metal alloy stellite and independently co-discovered martensitic stainless stee ...

in 1912 in Kokomo, Indiana, as Haynes Stellite Works. The same year Haynes was awarded two more patents for the more advanced versions of

Stellite Stellite alloys are a range of cobalt-chromium alloys designed for wear resistance. "Stellite" is also a registered trademark of Kennametal Inc. and is used in association with cobalt-chromium alloys. History Stellite was invented by Elwood Hay ...

, which he had originally patented in 1907. In 1915, Elwood Haynes and two local businessmen, Richard Ruddell and James C. Patten, incorporate the business as Haynes Stellite Company. In 1920, the company was acquired by

Union Carbide Union Carbide Corporation (UCC) is an American chemical company headquartered in Seadrift, Texas. It has been a wholly owned subsidiary of Dow Chemical Company since 2001. Union Carbide produces chemicals and polymers that undergo one or more f ...

. In 1922, the company invented its first alloy under the Hastelloy brand, derived from the words "Haynes Stellite Alloy". In 1927,

Charles Lindbergh Charles Augustus Lindbergh (February 4, 1902 – August 26, 1974) was an American aviator, military officer, and author. On May 20–21, 1927, he made the first nonstop flight from New York (state), New York to Paris, a distance of . His aircra ...

's aircraft, the ''

Spirit of St. Louis The ''Spirit of St. Louis'' (formally the Ryan NYP, registration: N-X-211) is the custom-built, single-engine, single-seat, high-wing monoplane that Charles Lindbergh flew on May 20–21, 1927, on the Charles Lindbergh#New York–Paris flight ...

'', which included hard-surfaced engine valves manufactured by Haynes, crossed the

Atlantic Ocean The Atlantic Ocean is the second largest of the world's five borders of the oceans, oceanic divisions, with an area of about . It covers approximately 17% of Earth#Surface, Earth's surface and about 24% of its water surface area. During the ...

. In 1970,

Cabot Corporation Cabot Corporation is an American specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company operates in over 20 countries with 36 manufacturing plants, eight research and development facilities and ...

purchased the company. In 1989, the investment banking firm of Morgan, Lewis, Githens, and Ahn purchased the company. In 1997, the

Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. It was founded in 1985 as a mergers and acquisitions firm by Peter Peterson and Stephen Schwarzman, who had previously worked together at Lehman ...

purchased the company. The debt incurred ultimately forced Haynes into bankruptcy in March 2004, from which it emerged 5 months later in August 2004. In 1999, the company opened an office in Singapore, its first sales office in Asia. In 2004, the company acquired Branford Wire & Manufacturing of Mountain Home, North Carolina. In March 2007, Haynes became a

public company A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...

via an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

. The

Space Shuttle The Space Shuttle is a retired, partially reusable launch system, reusable low Earth orbital spacecraft system operated from 1981 to 2011 by the U.S. National Aeronautics and Space Administration (NASA) as part of the Space Shuttle program. ...

program, which ended in 2011, used total of 47 parts made from Haynes 188 alloy and 7 from Haynes' Hastelloy B alloy in its engines. Hastelloy C-22 alloy was used for the fuel line bellows that assisted in achieving takeoff. In 2015, the company acquired Leveltek Processing. In 2016, the company expanded its operations in LaPorte, Indiana. The expansion created 52 jobs. In 2018, chairman Michael Shor became President and chief executive officer of the company and Robert H. Getz became Chairman of the Board. In 2024, the company was acquired by Acerinox.

References

External links

* {{Official website, https://haynesintl.com/ 1912 establishments in Indiana 2007 initial public offerings 2024 mergers and acquisitions Chromium alloys Cobalt alloys Companies based in Kokomo, Indiana Companies formerly listed on the Nasdaq Companies that filed for Chapter 11 bankruptcy in 2004 Manufacturing companies based in Indiana Manufacturing companies established in 1912 Metal companies of the United States Nickel alloys Refractory metals Superalloys