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RTI, Pratt & Whitney Announce Contract
PITTSBURGH -- RTI International Metals Inc. will supply rotor-quality titanium mill products for Pratt & Whitney’s PurePower family of Geared Turbofan jet engines.
Under the 13-year contract, which was announced Sunday, Pratt & Whitney, a division of United Technologies Corp., has agreed to be the engine launch customer for the new electron beam furnace that recently started production at RTI’s Canton, Ohio, facility. RTI, which specializes in advanced titanium for commercial aerospace, defense, propulsion, energy, industrial, chemical and medical markets, also operates a mill in Weathersfield Township, Ohio.
“This agreement is particularly significant to RTI for several reasons,” said Dawne S. Hickton, vice chairwoman, president and CEO of RTI. “First and foremost, the award to supply Pratt & Whitney with rotor-quality titanium marks the reemergence of RTI as a competitive supplier in the rotor-quality, jet engine market for titanium -- a market currently estimated to be approximately 30 million pounds annually.
“In addition, the agreement validates our decision to invest in EB furnace technology and strategically positions RTI for further successes in this important growing aerospace market.”
Published by The Business Journal, Youngstown, Ohio.
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