Boeing titanium demand to rise: PCC exec

Dec 04, 2013 | 09:46 AM | Frank Haflich

Tags  titanium demand, Timet, Titanium Metals, PCC, Precision Castparts, Boeing, 787 Dreamliner, Mark Donegan Frank Haflich

LOS ANGELES — Titanium Metals Corp. (Timet) should see the beginning of an acceleration in demand from Boeing Co. in mid-2014 as parent company Precision Castparts Corp. (PCC) moves to increase its monthly build rates on the products it supplies for the 787 Dreamliner.

Portland, Ore.-based PCC’s chairman and chief executive officer, Mark Donegan, told Credit Suisse Group’s Global Industries Conference in New York this week that he expects Timet to see the start of a "meaningful step-up" in Boeing’s demand in "mid-calendar year" 2014.....

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