Dynamet Technology Inc sold to RTI International for $15.5M

June 4, 2014

RTI International Metals, Inc. has announced the purchase of Dynamet Technology, Inc. for a reported US$15.5 million. Based in Burlington, Massachusetts, USA, Dynamet Technology will be included in RTI’s titanium segment.

Dynamet Technology manufactures products from the company’s proprietary titanium alloys, standard titanium alloys and metal matrix composites using Dynamet’s advanced powder metallurgical process. Near-net shape preforms and products that have been successfully produced and commercialised by Dynamet include various missile parts as well as CermeTi metal matrix composite material for medical implant products.

In February 2012, Dynamet Technology announced the receipt of qualification approval from Boeing for the supply of powder metal Ti-6Al-4V alloy products for structural components on commercial aircraft. This was followed by AS9100C certification in April 2013. In September 2013, Dynamet Technology received the International Titanium Association’s Titanium Applications Development Award.

“This acquisition, RTI’s second new advanced technology investment this year, adds innovative titanium powder research and development, as well as a second distinct powder-based manufacturing technology to RTI’s capabilities,” stated Dawne S Hickton, Vice Chair, President and CEO of RTI.

“Together with our acquisition in January of RTI Directed Manufacturing, which specialises in 3D printing, the addition of Dynamet Technology enhances RTI’s strategic positioning to capitalise on increasing customer demand for lower cost materials and innovative near-net shape preforms and components. RTI looks forward to working with the Dynamet Technology team to maximize the opportunities we are confident this combination of talents will create,” added Hickton.

Stanley Abkowitz, Founder of Dynamet Technology, stated, “We look forward to becoming part of the innovative team and culture at RTI. Our common view of the vast market opportunities and applications for the continued development and use of Dynamet Technology’s advanced powder metal technology make joining with RTI the ideal path forward to accelerate progress and market acceptance.”

www.dynamettechnology.com   

www.rtiintl.com 

 

Powder Metallurgy Review magazine cover

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • Hot Isostatic Pressing for the production of large, near-net shape components
  • Safeguarding PM part usage in a new automotive industry
  • How to make metal powders., Part 3
  • Company profile: Jiangxi Yuean Advanced Materials

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

From the industry…

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
Download PDF
Share via
Copy link