Timet

What Timet does

TIMET (Titanium Metals Corporation), founded in 1950 and headquartered in Warrensville Heights, Ohio, is a global manufacturer of titanium mill and melted products operating as a wholly-owned subsidiary of Precision Castparts Corp. (PCC, owned by Berkshire Hathaway). The company is the only fully integrated titanium producer in the United States, converting rutile ore into melt, refining ingot and slab, and manufacturing mill products through Electron Beam (EB) melting, Vacuum Arc Remelting (VAR), and Cold Hearth Melting (CHM) processes. It operates eight mills and five service centers across the United States, the United Kingdom, and France, with an additional sales office in China, and supplies roughly one-fifth of the world's titanium demand.

TIMET's product portfolio spans eight core mill product lines (ingot, slab, coil/strip, casting stock, billet, bar, plate, and sheet) augmented by value-added processing services (waterjet cutting, sawing, shearing, slitting, machining, laser cutting, forming, precision grinding), toll melting, scrap recycling, and supply chain management. Specialty capabilities include proprietary TIMETAL alloys (including 6-4, 829, 834, 5111), Electron Beam Single Melt (EBSM) armor-titanium for ballistic applications, near-net-shape technologies, and the boutique-alloy program at its Henderson Technical Laboratory in Nevada. The company holds 240+ issued patents and serves commercial aerospace (Boeing, Airbus, GE, Honeywell, Rolls-Royce, Safran, Sikorsky, United Technologies), defense (U.S. Navy, General Dynamics for the Abrams Tank; 80% of world titanium armor needs), and industrial end markets (desalination with Valtimet, sub-sea with Subsea Riser Products).

Revenue is generated on a quote-based (Request-for-Quote) basis through enterprise field sales offices in the US, UK, EU, and Germany, with pricing determined by alloy specification, size, quantity, and quality requirements. The company maintains the world's largest off-the-shelf titanium inventory across its service center network for short-cycle orders. TIMET is led by President and CEO Bobby D. O'Brien, with Brian DeLaratta serving as Chief Metallurgist of the Coil Department. The current revenue band is undisclosed (private subsidiary), but implied scale — ~20% of global titanium demand, ~80% of titanium armor, and a multi-thousand-employee global workforce — places it firmly within the $1B–$5B enterprise-industrial range. The company funds growth through its parent PCC rather than external capital markets.

Name

Timet

Legal name

Timet

Website

https://timet.com

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

TIMET is the only fully integrated US titanium manufacturer, converting rutile ore into mill and melted products (ingot, slab, billet, bar, plate, sheet) sold globally. It supplies roughly 20% of world titanium demand to commercial aerospace, defense, and industrial customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Pittsburgh

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure

Revenue model

1. Titanium Mill Products Sales: TIMET generates revenue through sale of titanium mill products including ingot, slab, coil/strip, casting stock, billet, bar, plate, and sheet. Products are sold directly to aerospace, defense, and industrial customers worldwide through direct sales offices.
2. Value-Added Services: TIMET operates five service centers providing value-added processing including water cut jetting, sawing, shearing, coil cutting, slitting, machine/billet prep, machining, laser cutting, forming, and precision grinding.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

TIMET is the only fully integrated titanium supplier in the United States, converting rutile ore into melt, refining ingot and slab, and manufacturing a complete range of mill products including ingot, slab, coil/strip, casting stock, billet, bar, plate, and sheet. The company serves commercial aerospace, defense, and industrial customers through a global network of eight mills and five service centers, producing titanium products for jet engines, airframes, military armor, naval vessels, and chemical/industrial processing equipment.

Product overview

TIMET is a titanium metals corporation and the only fully integrated titanium supplier in the US, converting rutile ore into melt, refining ingot and slab, and manufacturing mill products. The company operates a portfolio of eight core titanium mill product lines: Ingot (the basic product for quality mill products via CHM and VAR processes), Slab (near-net CHM and forged VAR slabs for rolling mills), Coil/Strip (CP and alloy material for industrial and aerospace), Casting Stock (titanium and superalloy casting stock via EB and VIM furnaces), Billet (world leader for industrial, structural and engine components), Bar (round and rectangular bar for industrial, medical and engine use), Plate (industrial and aerospace quality for armor to structural applications), and Sheet (alloy sheet primarily for aerospace). Supporting the mill products are value-added services including water jet cutting, sawing, shearing, slitting, machining, laser cutting, forming, and precision grinding; supply chain management; toll melting; and scrap recycling. The Boutique Alloys program through Henderson Technical Laboratory provides research-quantity specialty alloys unavailable elsewhere. TIMET serves commercial aerospace, defense, and industrial markets with manufacturing facilities in North America, UK, and France.

Differentiator

Problem solved

Functional benefit

Products and services

• Ingot TIMET titanium ingot is the basic product from which quality mill products are made, produced in the largest variety of alloys in the industry using Cold Hearth Melting (CHM) and Vacuum Arc Remelting (VAR) processes. Used by aerospace, defense, and industrial customers.
• Slab Commercially pure and alloy slab material with near-net CHM slabs and forged VAR slabs ready for rolling mill applications, available in EBSM cast, cast and rolled, and forged variants for aerospace and industrial customers.
• Coil/Strip High-quality commercially pure and alloy coil and strip material for skelp, deep press, industrial, and aerospace applications, including customized CP industrial products for improved formability and high-temperature performance.
• Casting Stock Casting stock for titanium and superalloy needs produced through cost-effective single-melt processes using EB furnace for titanium and VIM furnace for superalloys, with extremely short lead times. For foundries and casting operations.
• Billet World leader in supplying billet product for industrial, structural, and engine components, with round and rectangular stock available in common sizes at all quality levels with short lead times. Approved by all major engine manufacturers.
• Bar Wide range of round and rectangular bar product to various quality standards for industrial, medical, and engine applications, with stocking throughout the service center network for fast delivery.
• Plate Industrial- and aerospace-quality plate in various gauges and tolerances for applications ranging from ballistic armor to structural components to engineered hollow fan blade systems.
• Sheet
• Value Added Services Value-added processing services including water cut jetting, sawing, shearing, coil cutting to length and slitting, machine/billet prep, machining, laser cutting, forming, and precision grinding for aerospace, defense, and industrial customers.
• Supply Chain Management Manages titanium needs from key inventory programs to managing part flow through customer supply chains, including stocking, positioning programs, and supply assurance programs for enterprise customers.
• Toll Melting Toll melting services for customer-supplied scrap using advanced electron beam (EB) melting and vacuum arc remelting (VAR) to turn titanium scrap into melted products or intermediate feedstock.
• Scrap Recycling Recycles thousands of metric tons of chip, feedstock, and bulk weldables each year, leveraging EB melting and VAR to turn titanium scrap into melted products, providing cost savings and stable raw material supply.
• Boutique Alloys One-of-a-kind chemistry products not available from any other titanium mill producer or distributor, offered through Henderson Technical Laboratory partnership with Special Metals Corp., in quantities from 100g up to 500kg for research and specialty applications.

Quantifiable outcome

• Titanium use in next-generation aircraft airframes reached approximately 15% by weight
• +3 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• Special Metals Corp. (SMC)coreStrategic or Co-development PartnerTIMET offers boutique alloy products through Henderson Technical Laboratory in partnership with Special Metals Corp. (SMC). This partnership enables delivery of one-of-a-kind chemistry products not available from any other titanium mill producer or distributor, in smaller quantities from 100g up to 500kg.
• ValtimetcoreChannel Partner/ Reseller/ DistributorTIMET has an exclusive relationship with Valtimet for water and desalination industry titanium supply. Titanium tubes are used to purify seawater in systems throughout the world including Bahrain, UAE, Kuwait, Saudi Arabia, Italy, Spain, Cyprus, Malta, and Caribbean islands.
• Subsea Riser Products (SRP)coreStrategic or Co-development PartnerTIMET has established a sole supplier relationship with Subsea Riser Products (SRP) to produce corrosion-resistant riser systems for deep-sea ocean rigs. TIMET titanium stress joints provide ideal solutions to absorb strain from ocean pull with high strength and durability.

Scale indicators7 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Toho Titanium: Japanese integrated titanium sponge and mill products manufacturer serving aerospace and industrial customers; competes with TIMET in titanium mill products across Asia and global aerospace supply chains.
• VSMPO-AVISMA: World's largest titanium producer with vertically integrated sponge-to-mill operations and the dominant supplier to Airbus and Boeing; competes head-on with TIMET in aerospace billet, bar, plate, and ingot on a global basis.
• Allegheny Technologies (ATI): U.S. specialty metals producer with a substantial titanium and titanium-alloy mill products business serving aerospace and defense OEMs; closest direct U.S. competitor to TIMET across flat-rolled and long products.
• Baoji Titanium Industry Co. China's largest titanium mill product maker focused on bar, billet, plate, and tube for aerospace, chemical, and industrial customers; comparable in product breadth to TIMET but serving principally Chinese and export demand.
• OSAKA Titanium Technologies: Japanese producer of titanium sponge and selected mill products used in aerospace and chemical/industrial applications; upstream-focused peer comparable to TIMET's integrated sponge/sponge-feedstock capability.

Emerging players

• Western Superconducting Technologies (WST): Chinese titanium alloy and superconducting materials producer increasingly serving aerospace and defense; comparable alloy and mill-product capabilities to TIMET, focused on Chinese and select export markets.
• IperionX: U.S.-based emerging titanium metal and powder producer aiming to lower-cost, lower-carbon titanium for aerospace and defense; potential long-term competitive threat to traditional Kroll-process producers like TIMET.

Broad incumbents

• Kobe Steel: Japanese diversified steelmaker with a titanium business segment producing titanium sheet, plate, and wire for aerospace and industrial markets; overlaps with TIMET in titanium flat products but operates as part of a broader materials portfolio.
• Carpenter Technology: U.S. specialty alloy producer (nickel, cobalt, titanium) with an emerging titanium powder and additive-manufacturing position; overlaps with TIMET in aerospace alloys but is more diversified across non-ferrous specialties.
• Howmet Aerospace: Global supplier of aerospace engine and airframe components produced from titanium, nickel, and aluminum alloys; downstream consumer of titanium mill products comparable to TIMET's end markets, though not a direct mill competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/23560

Compliance30 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Timet