Boeing looks to grow venture with VSMPO

Nov 19, 2013 | 07:06 PM | Frank Haflich

Tags  titanium, Boeing, VSMPO-Avisma, Rostec, Ural Boeing Manufacturing, UBM, Ray Conner, Sergey Chemezov Allegheny Technologies

LOS ANGELES — Boeing Co. is looking to expand its titanium role in Russia by building a second production plant for Ural Boeing Manufacturing (UBM), its joint venture with VSMPO-Avisma Corp.

Chicago-based Boeing signed a memorandum of understanding Nov. 18 with VSMPO’s parent, state-owned industrial and technology company Rostec Corp. UBM is in Russia’s "Titanium Valley," a special economic zone in Verkhnyaya Salda. ....

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