Company expands operations

Wednesday, Jan. 2, 2002 | 9:41 a.m.

DENVER -- Titanium Metals Corp. of Denver, which has a big plant in the Henderson-Las Vegas area, announced the formation of a division to serve the automotive industry and its growing requirements for titanium.

The new division, named TiMET Automotive, is headquartered at the company's Morgantown, Pa., plant.

"TiMET Automotive is a natural step in the progression of the automotive strategy we initiated in the mid-1990s," CEO J. Landis Martin said. "The need to meet the conflicting goals of achieving higher mileage and lower emissions and improving safety has caused automobile manufacturers to increase their application of light weight materials. Titanium provides performance characteristics in the automotive environment that are unmatched by other metals."

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