Las Vegas Sun

November 11, 2009

Currently: 65° | Complete forecast | Log in

Manufacturer posts a loss

Friday, July 23, 1999 | 11:32 a.m.

DENVER -- Titanium Metals Corp., which has a big plant in Henderson near Las Vegas, said it lost $300,000 or 8 cents per share in the second quarter vs. a profit of $16 million or 44 cents in the year-ago quarter.

Sales fell from $191 million to $128 million as demand declined from aerospace and industrial markets.

"As expected, we reported a net loss in the second quarter. We are focusing on improving our margins through cost reductions," said Chairman and Chief Executive J. Landis Martin.

archive

  • Most Read
  • Discussed
  • Most E-mailed

Calendar »

  • 11 Wed
  • 12 Thu
  • 13 Fri
  • 14 Sat
  • 15 Sun