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Rti International Metals Inc
RTI International Metals Inc. was a publicly traded company based in the United States that specialized in the manufacture of titanium and specialty metals products. The company's stock was listed on the New York Stock Exchange (NYSE) under the ticker symbol "RTI".
However, in November 2015, RTI International Metals was acquired by a subsidiary of Alcoa Inc., a leading global producer of bauxite, alumina, and aluminum products, in a deal valued at approximately $1.5 billion. Following the acquisition, RTI International Metals ceased to exist as a separate, publicly traded entity.
At the time of its acquisition, RTI International Metals had a strong presence in the aerospace and defense industries, with a range of products including titanium mill products, extrusions, and forgings. The company also served the medical, energy, and industrial markets with its specialized metals offerings.
RTI International Metals had a long history of innovation and leadership in the specialty metals industry, with a focus on quality, reliability, and customer service. The company's acquisition by Alcoa was seen as a strategic move to expand Alcoa's capabilities in the aerospace and defense sectors, and to create a global leader in high-value titanium and specialty metals products.