BNET Industries
Market Cap:$1.6B
Last Fiscal Year Sales:$1.2B
- Public
- US
Dow Jones Description
TIMET is the world's largest supplier of high quality titanium metal products. With its unique combination of strength, light weight, corrosion resistance and other metallurgical properties, titanium is used in hundreds of diverse aerospace, industrial and emerging applications where no other metal is as reliable or economical, especially on a lifecycle costing basis. As a fully-integrated titanium manufacturer and distributor, TIMET's activities span every phase of titanium research, manufacturing and sales. We convert rutile ore into sponge; melt and refine ingot and slab; manufacture mill products; and distribute our products globally. We have the financial strength, capacity and technical solutions to meet the established demands for titanium and, as new uses for titanium accelerate, to lead the industry into the future.
Vice Chairman & Chief Executive OfficerSteven L. Watson
Number of Employees 2,670
Peer Companies
NAICS Code Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum): 331492
Recent Events
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TSC Ratings Updates: Microsoft
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TIMET Declares Dividend on 6-3/4% Series A Preferred Stock and Announces Results...
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Titanium Metals Q1 Profit Declines - Quick Facts
News & Analysis
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titanium metals corp. - All News and Analysis
Of Wars and Strategic Metals
Mark Anthony submits: Originally posted August 26 The 29th Olympics Games has concluded nicely in Beijing, and so ended the One Dream of One Harmonic World. The War of Georgia broke out on the very eve of the Olympics Opening. The fireworks we watched were so brilliantly streaming! And...
Board and Executive Compensation in S&P 500
Richard Shaw QVM Group submits: Executive compensation and board largess with high paid executives is a hot topic recently. That spurred us to look comprehensively at some factual comparative data on the total cost of boards of directors and top executive teams among the S&P 500 companies (proxy SPY...
Aviation activity has tightened supply, boosted prices fourfold.
By Staff While Boeing and Airbus battle to dominate the commercial aircraft market, both agree on one thing: Titanium has won out over competing metal aluminum because its expansion and chemical properties are more compatible with composites. And that's happening even though...
Denver-Based Titanium Producer Pushes to End Tax Break for Russian Firm.
By Samantha Young, Las Vegas Review-Journal Knight Ridder/Tribune Business News Apr. 2--WASHINGTON -- Representatives from Titanium Metals Corp. and two other American titanium companies on Thursday urged the Bush administration to levy tariffs on a Russian competitor who they charged is...
Altair Nanomaterials of Reno, Nev., has teamed up with Titanium Metals Corp. of Denver to develop a low-cost manufacturing process for titanium dioxide pellets that can be transformed into titanium metal.(Metal Chips)(Brief Article)
Altair Nanomaterials of Reno, Nev., has teamed up with Titanium Metals Corp. of Denver to develop a low-cost manufacturing process for titanium dioxide pellets that can be transformed into titanium metal. Darpa, the Defense Advanced Research Projects Agency, is funding the four-year, $12.3 million project. ...
Ohio's RMI Titanium Lobbies against Use of Foreign Goods in Military Equipment.
By Cynthia Vinarsky, Vindicator, Youngstown, Ohio Knight Ridder/Tribune Business News Feb. 13--WEATHERSFIELD, Ohio -- American-made titanium won a skirmish last year in its long-standing battle to ward off Russian-made competition. Now officials at RMI Titanium in Weathersfield are working with...
Additional Resources
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STAFFORDSHIRE, UK -- A recent independent 200 patient study has concluded that Biosteon interference screws significantly improve implant / bone integration and thereby reduce tunnel widening and risk...
RothmanResearch.com Stock Review for IVZ, NWL, TIE, VIA-B, TGB and ARRS
RothmanResearch.com, www.rothmanresearch.com , is a unique and free to use financial portalreaching all investors to provide the best source of content and researchthey can find online. On this day, we have begun tracking the followingcompanies as they have shown remarkable correction in recent days, you canaccess these free reports with...
WallStSense.com Free Research Report for Shareholders of TAP, AOB, TIE and SYY
W.S.S. is an online community with adedicated team of analysts who are providing free in-depth research onNorth American equities. Our analysts have issued free ratings reports onthe following four companies: Molson Coors Brewing Company (NYSE: TAP),American Oriental Bioengineering Inc. (NYSE: AOB), Titanium Metals Corp.(NYSE: TIE) and Sysco Corp. (NYSE: SYY)....
TIMET Declares Dividend on 6-3/4% Series A Preferred Stock and Announces Results of Annual Stockholder Meeting
DALLAS, May 11 /PRNewswire-FirstCall/ -- Titanium Metals Corporation ("TIMET") announced today that its board of directors has declared a quarterly dividend of $0.84375 per share on its 6-3/4% Series A Preferred Stock, payable on June 15, 2009 to stockholders of record as of the close of business on...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Christian Leonhard | COO, Europe |
| James W. Brown | Vice President and Chief Financial Officer |
| Robert E. Musgraves | COO, N America |
| Christopher Armstrong | Executive Vice President Strategic Planning and Business Initiatives |
| Robert D. Graham | Executive Vice President |
| Andrew B. Nace | Vice President and General Counsel |
| Bruce P. Inglis | Vice President, Finance, Controller |
| Joan H Prusse | Vice President and General Counsel |
| John A St Wrba | Vice President and Treasurer |
| Kelly D. Luttmer | Vice President and Tax Director |
| Scott E. Sullivan | Vice President and Controller, Principal Accounting Officer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Steven L. Watson | Vice Chairman & Chief Executive Officer |
| Albert W Niemi | Board of Directors |
| Gary C. Hutchison | Board of Directors |
| Glenn R. Simmons | Board of Directors |
| Keith R. Coogan | Board of Directors |
| Norman N. Green | Board of Directors |
| Paul J. Zucconi | Board of Directors |
| Terry N. Worrell | Board of Directors |
| Thomas P. Stafford | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Timet | Chief Executive Officer | Current |
| Titanium Metals Corporation | Vice Chairman & Chief Executive Officer | Current |
| Valhi, Inc. | Chief Executive Officer | Current |
| Valhi, Inc. | President | Current |
| Contran Corporation | President | Current |
| Kronos Worldwide, Inc. | Chief Executive Officer | Current |
| Timet | Vice Chairman of The Board | Current |
| Kronos Worldwide, Inc. | Vice Chairman | Current |
| CompX International Inc. | Board of Directors | Current |
| Nl Industries, Inc. | Board of Directors | Current |
| Compx | Director | Current |
| Contran Corporation | Director | Current |
| Valhi, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Titanium Metals Corporation | COO, Europe | Current |
James W. Brown has served as our vice president and chief financial officer since October 2007. He served as our vice president, corporate finance since 2006. From 2003 to 2006, he served as vice president and controller of NL and Kronos Worldwide. From 1998 to 2002, he served as vice president and chief financial officer of Software Spectrum, Inc. From 1994 to 1998, Mr. Brown served as vice president, corporate accounting of Affiliated Computer Services, Inc., a provider of business process and information technology outsourcing solutions.
| Organization | Position | Status |
|---|---|---|
| Titanium Metals Corporation | Vice President and Chief Financial Officer | Current |
| Kronos International, Inc. | Controller & Vice President | Current |
| Software Spectrum, Inc. | Chief Financial Officer | Former |
| Affiliated Computer Services, Inc. | Vice President, Corporate Accounting | Former |
| Software Spectrum, Inc. | Vice President | Former |
| Kronos Worldwide, Inc. | Vice President | Former |
| Nl Industries, Inc. | Vice President & Controller | Former |
| Kronos Worldwide, Inc. | Controller | Former |
| Organization | Position | Status |
|---|---|---|
| Titanium Metals Corporation | COO, N America | Current |
Christopher Armstrong has served as our executive vice president strategic planning and business initiatives since April 2008. He served as a consultant to us on strategic planning and business development matters since November 2007. From 1998 to 2007 Mr. Armstrong served as a professional in the Corporate Development and Turnaround Divisions of PwC and FTI Consulting ultimately holding the position of Senior Managing Director.
| Organization | Position | Status |
|---|---|---|
| Titanium Metals Corporation | Executive Vice President Strategic Planning and Business Initiatives | Current |
| Organization | Position | Status |
|---|---|---|
| Titanium Metals Corporation | Executive Vice President | Current |
Andrew B. Nace has been our vice president and general counsel since 2006. Mr. Nace has served as legal counsel to companies related to us and Contran since 2003. From 1998 until 2003, Mr. Nace served in various capacities as legal counsel to Software Spectrum, Inc., most recently as vice president and general counsel.
| Organization | Position | Status |
|---|---|---|
| Titanium Metals Corporation | Vice President and General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Titanium Metals Corporation | Vice President, Finance, Controller | Current |
| Titanium Metals Corporation | Finance Director | Former |
Joan H. Prusse has been Vice President and General Counsel since December 2002. Prior to that, she served as Vice President and Deputy General Counsel since 1997. Ms. Prusse has also served as Corporate Secretary since 2000.
| Organization | Position | Status |
|---|---|---|
| Titanium Metals Corporation | Vice President and General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Valhi, Inc. | Vice President and Treasurer | Current |
| Nl Industries, Inc. | Vice President and Treasurer of US | Current |
| Kronos Worldwide, Inc. | Vice President | Current |
| Contran Corporation | Vice President | Current |
| Titanium Metals Corporation | Vice President and Treasurer | Current |
| Contran Corporation | Treasurer | Current |
| Kronos Worldwide, Inc. | Treasurer | Current |
| Valhi, Inc. | Board of Directors | Current |
| Kaiser Aluminum & Chemical Corporation | Assistant Treasurer | Former |
Kelly D. Luttmer has served as our vice president and tax director since 2006. She has served as vice president of CompX, Contran, Kronos Worldwide, NL and Valhi since 2004, tax director of Kronos Worldwide and NL since 2003 and tax director of CompX, Contran and Valhi since 1998. Ms. Luttmer has served in tax accounting positions with various companies related to us and Contran since 1989.
| Organization | Position | Status |
|---|---|---|
| Compx | Vice President | Current |
| Contran Corporation | Vice President | Current |
| Titanium Metals Corporation | Vice President and Tax Director | Current |
| Timet | Vice President | Current |
| Valhi, Inc. | Vice President | Current |
| Kronos Worldwide, Inc. | Vice President | Current |
| Nl Industries, Inc. | Vice President of US | Current |
| Nl Industries, Inc. | Tax Director | Current |
| Timet | Tax Director | Current |
| Valhi, Inc. | Tax Director | Current |
| Contran Corporation | Tax Director | Current |
| Compx | Tax Director | Current |
| Valhi, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Titanium Metals Corporation | Vice President and Controller, Principal Accounting Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Smu Cox | Dean of the School of Business | Current |
| Sanders Morris Harris | Director | Current |
| Titanium Metals Corporation | Board of Directors | Current |
| Beta Gamma Sigma | Board of Directors | Current |
| Stonehill College | Board of Directors | Current |
| The University of Georgia | Dean | Former |
| University of Connecticut | Ph.D. Degrees In Economics | Former |
| University of Connecticut | M.A | Former |
| Stonehill College | A.B. Degree In Economics | Former |
Dr. Gary C. Hutchison has been a director of TIMET since October 2003. Since 1968, Dr. Hutchison has practiced neurological surgery at Presbyterian Hospital in Dallas, Texas. Dr. Hutchison is a graduate of the University of Texas Southwestern Medical School in Dallas. He interned at the University of Oklahoma and received his neurosurgical residency training at the University of Texas Southwestern Medical School and Parkland Memorial Hospital, as well as the National Hospital for Nervous Disease in London, England. Dr. Hutchison has been board certified by the American Board of Neurological Surgery since 1969. Dr. Hutchison has served on various health and medical boards and committees and is currently a member of the Board of Trustees of Texas Health Resources, Inc., Chairman of the Strategic Planning and Development Committee of Texas Health Resources, Inc., member of the Governance and Nominating Committee of Texas Health Resources, Inc., Vice Chairman of the Board of Trustees Presbyterian Hospital of Dallas and Associate Clinical Professor of Neurosurgery at the University of Texas Health Science Center in Dallas. Dr. Hutchison serves as Chair of the Management Development and Compensation Committee, Chair of the Nominations Committee and is a member of the Audit Committee.
| Organization | Position | Status |
|---|---|---|
| University of Texas Health Science Center | Associate Clinical Prof | Current |
| Titanium Metals Corporation | Board of Directors | Current |
| The University of Oklahoma | Former | |
| The University of Texas Southwestern Medical School | Former |
| Organization | Position | Status |
|---|---|---|
| Timet | Chief Executive Officer | Current |
| Keystone Consolidated Industries, Inc. | Chairman of the Board | Current |
| Timet | Chairman of The Board | Current |
| Titanium Metals Corporation | Board of Directors | Current |
| Nl Industries, Inc. | Vice Chairman of The Board | Current |
| Contran Corporation | Vice Chairman of the Board | Current |
| Ewi Risk Services, Inc | Director | Current |
| Timet | Board of Directors | Current |
| Valhi, Inc. | Vice Chairman of the Board | Current |
| Valhi, Inc. | Chief Executive Officer | Former |
| Timet | Vice Chairman of The Board | Former |
| Organization | Position | Status |
|---|---|---|
| Pomeroy IT Solutions, Inc. | Chief Executive Officer and President | Current |
| Titanium Metals Corporation | Board of Directors | Current |
| Kronos Worldwide, Inc. | Board of Directors | Current |
| Pomeroy IT Solutions, Inc. | Board of Directors | Current |
| Technology Spectrum Inc. | President & CEO | Former |
| Software Spectrum, Inc. | Chief Executive Officer | Former |
| Software Spectrum, Inc. | President | Former |
| Indiana State University | Bachelor of Science degree in Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Green Properties, LLC | Chairman | Current |
| Titanium Metals Corporation | Board of Directors | Current |
| Atlanta Flames | Co-Owner | Former |
| National Hockey League | member | Former |
Paul J. Zucconi (age 66) has been a director of the Company since July 2002. He is also a director of Titanium Metals Corporation and Affirmative Insurance Holdings, Inc. Principal occupation: Business Consultant, Plano, Texas, since January 2001. (Partner, KPMG LLP July 1976-January 2001)
| Organization | Position | Status |
|---|---|---|
| Torchmark Corporation | Chairman | Current |
| Titanium Metals Corporation | Board of Directors | Current |
| Affirmative Insurance Holdings, Inc. | Director | Current |
| Torchmark Corporation | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Crescent Real Estate Equities Company | Trust Manager | Current |
| Nl Industries, Inc. | Director | Current |
| Crescent Real Estate Equities Company | Board of Directors | Current |
| Regency Centers Corporation | Director | Current |
| Timet | Director | Current |
| Titanium Metals Corporation | Board of Directors | Current |
| Crescent Real Estate Equities Company | Committee Member | Current |
| Sound Warehouse | Chief Executive Officer | Former |
| Sound Warehouse | President | Former |
| Shamrock Holdings, Inc. | President and Chief Executive Officer | Former |
| Regency Centers Corporation | Developer | Former |
| University of North Texas | Master of Business Administration Degree | Former |
Lt. General Thomas P. Stafford (retired) was reappointed to the TIMET Board of Directors in January 2006. Gen. Stafford previously served on TIMET's Board of Directors from 1996 until 2003. Gen. Stafford also has served on the boards of directors of numerous public corporations listed on the NYSE, and currently serves on the board of NL Industries, Inc. and is chairman of NL's audit and management development and compensation committees. Gen. Stafford was selected as an astronaut in 1962, piloted Gemini VI in 1965 and commanded Gemini IX in 1966. In 1969, Gen. Stafford was the Apollo X commander for the first flight of the lunar module to the moon, descending to 10 miles above the moon and selecting the first lunar landing site. He was then named Chief of the Astronaut Office. He commanded the Apollo-Soyuz joint mission with the Soviet cosmonauts in 1975. Gen. Stafford left NASA in 1975 to command the Air Force Flight Test Center. In 1978 he was promoted to Lieutenant General and to U.S. Air Force Deputy Chief of Staff for Research and Development. After his retirement from the U.S. Air Force in 1979 as Lieutenant General, he became chairman of Gibraltar Exploration Limited, an oil and gas exploration and production company, and served in that position until 1984, when he joined General Technical Services, Inc., a consulting firm. Gen. Stafford was also affiliated with Stafford, Burke and Hecker, Inc., a Washington-based consulting firm, from 1982-2005. Gen. Stafford has more recently served as an advisor to a number of governmental agencies including NASA and the Air Force Material Command. He is currently Chairman of the NASA Advisory Council Task Force on the International Space Station Program, and also served as Co-Chairman of the Stafford-Covey NASA Space Shuttle Return to Flight Task Group. Gen. Stafford is chairman of each of the Audit Committee and the Management Development and Compensation Committee.
| Organization | Position | Status |
|---|---|---|
| Titanium Metals Corporation | Board of Directors | Current |
Executive News
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Valhi Declares Quarterly Dividend and Announces Results of Annual Stockholder Meeting
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Valhi Declares Quarterly Dividend and Announces Results of Annual Stockholder Meeting
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Valhi Declares Quarterly Dividend and Announces Results of Annual Stockholder Meeting
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Valhi Declares Quarterly Dividend and Announces Results of Annual Stockholder Meeting
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Valhi Declares Quarterly Dividend and Announces Results of Annual Stockholder Meeting
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CompX Declares Regular Quarterly Dividend and Results of Annual Stockholder Meeting
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CompX Declares Regular Quarterly Dividend and Results of Annual Stockholder Meeting
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CompX Declares Regular Quarterly Dividend and Results of Annual Stockholder Meeting
-
CompX Declares Regular Quarterly Dividend and Results of Annual Stockholder Meeting
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