RTI Canton fire to hit bottom line, not orders

Sep 17, 2012 | 05:14 PM | Frank Haflich

Tags  titanium, RTI International Metals, RTI Alloys, Airbus SAS, Lockheed Martin F-35, fire, Frank Haflich

LOS ANGELES — RTI International Metals Inc. has temporarily shifted its manufacturing activities from one Ohio site to another in the wake of a weekend fire that knocked out an electrical transformer.

The fire at the Canton site is expected to have "no impact to any customer delivery schedules," the Pittsburgh-based producer said, noting the shift in manufacturing to its Niles site.

However, third-quarter operating income at RTI’s titanium group could take a hit in the range of $1.25 million to $1.75 million. The group’s operating income in the second quarter was $4.9 million.....





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