FOR IMMEDIATE RELEASE June 5, 1998
CONTACT:
Crystal L. Revak, Director
Investor Relations
(330) 544-7622
Niles, Ohio - RMI Titanium Company (NYSE;RTI)
announced today that it has been awarded the Lockheed Martin STAR
citation as an exemplary supplier. RMI is the only titanium producer
awarded the STAR.
Requirements for the award include a
certified Statistical Process Control system, a 6-month demonstration
of zero percent rejection rate at point of inspection, zero nonconformance
costs at Lockheed Martin material management sites, and 98% performance
to delivery schedule. Award suppliers benefit with reduction of
inspection and audit at their facility and a more favorable position
in the contract bid and award process. Only 11% of Lockheed Martin's
suppliers have been granted this award.
RMI Titanium Company, headquartered in Niles, Ohio, manufactures titanium mill products, hot-formed and superplastically formed parts, and engineered systems for energy-related markets. The Company's products are used for fabricated components in commercial and military aircraft and engines, energy exploration and refining, chemical processing equipment, pulp and paper production facilities, medical implants and consumer goods
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