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; 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 ...

-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 astron ...

industry headquartered in Warrensville Heights, Ohio. Its major U.S. operations are based in Morgantown, Pennsylvania;

Henderson, Nevada Henderson is a city in Clark County, Nevada, United States, about southeast of downtown Las Vegas. It is the List of cities in Nevada, 2nd most populous city in Nevada, after Las Vegas, with 317,610 residents. The city is part of the Las Vegas V ...

;

Vallejo, California Vallejo ( ; ) is a city in Solano County, California, United States, and the second largest city in the North Bay (San Francisco Bay Area), North Bay region of the San Francisco Bay Area, Bay Area. Located on the shores of San Pablo Bay, the ci ...

; and

Toronto, Ohio Toronto is a city in eastern Jefferson County, Ohio, located along the Ohio River 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 Wei ...

. 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 Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...

(in Waunarlwydd and Witton) and in

France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...

(in the village of Ugine). 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 March 2014, TIMET began operation of a Groundwater Extraction and Treatment System (GWETS) to capture and treat contaminated groundwater under the Henderson NV site. In January 2016, Precision Castparts Corp. became a wholly owned

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

Berkshire Hathaway Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Originally a textile manufacturer, the company transitioned into a conglomerate starting in 1965 under the management of c ...

References

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