FOR IMMEDIATE RELEASE March 23, 1998
CONTACT:
Crystal L. Revak, Director
Investor Relations
(330) 544-7622
Niles, Ohio - RMI Titanium Company (NYSE; RTI) announced
today that Lawrence W. Jacobs (42) has been elected Vice President
& Treasurer effective March 23,1998. Mr. Jacobs had been
Senior Vice President of PNC Bank, N.A. in Pittsburgh, Pennsylvania,
where he was the segment executive for the bank's metal industry
clients.
Prior to joining PNC in 1985, Mr. Jacobs was an account
executive with American Standard, Evansville, Indiana. Prior
to that he spent five years at U S Steel Corporation, where he
began his career. His assignments at U S Steel included operations
management at the National-Duquesne Works in McKeesport, Pennsylvania,
and sales at both its Cincinnati and Indianapolis sales offices.
Mr. Jacobs has a Bachelor of Science degree in Industrial
Engineering and an MBA, both from Lehigh University.
RMI Titanium Company, headquartered in Niles, Ohio, manufactures titanium mill products, hot-formed and superplastically formed parts, and titanium powder. 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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