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(AMM) Weber eyeing bigger share of titanium forgings market

July 29, 2010 - 17:25 GMT Location: LOS ANGELES

KEYWORDS: Weber Metals , aerospace , titanium , forgings

Weber Metals Inc., moving to gain control of its supply chain, is looking to boost its share of the aerospace titanium forgings market with a $30-million investment.

A Long Beach, Calif., facility will give Weber the ability to convert its ingots into billets in-house instead of having it done on the outside, as it does currently. It includes a 3,300-ton conversion press supplied by Wepuko Pahnke Engineering, Springfield, Ohio.

Weber Metals' expansion is one of only a few major capital expansion programs in titanium since the market downturn began about three years ago.

"We're obviously reacting to the commercial aircraft market, specifically production of the (Boeing) 787," said Al McCormack, director of strategic marketing and business development for the Paramount,...

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