LOS ANGELES J. Landis Martin will receive the International Titanium Associations (ITAs) Lifetime Achievement Award at the groups annual conference Oct. 6-9 in Las Vegas.
Martin, founder and managing director of Denver-based private equity investment firm Platte River Ventures Inc., was an executive at Titanium Metals Corp. (Timet) for 18 years, including 16 years as chief executive officer, before retiring as chairman and chief executive in 2005.
During his tenure at Timet, now based in Exton, Pa., Martin oversaw the companys acquisition of vacuum-distillation capabilities from Japan, which led to a new sponge facility in Henderson, Nev., as well as its investment in cold hearth melting technology with the purchase of Stockholm-based Axel Johnson Inc.s Titanium Hearth Technologies in Morgantown, Pa., where the electron-beam melting capacity was subsequently expanded.
Under Martin, Timet also raised its global footprint with the acquisition of production capacity in the United Kingdom and France.
Platte Rivers titanium properties include Derry, Pa.-based TSI Titanium Inc., a producer of rolled and forged bar products; Irwindale, Calif.-based Sierra Alloys Co., which supplies forged and rolled titanium and specialty steel products for aerospace and defense markets; and Monaca, Pa.-based MetCon LLC, which is commercializing a new conditioning process for titanium.
MetCon chief executive officer Kurt Faller said in a statement that Martin "was at the forefront of transforming the titanium industry from a number of small, disparate producers to an industry of global significance."