FOR IMMEDIATE RELEASE OCTOBER 27, 2003
Contact:
Richard E. Leone
Manager - Investor Relations
330-544-7622
RTI INTERNATIONAL
METALS ANNOUNCES
WORK STOPPAGE AT OHIO PLANT
Niles, Ohio – RTI International Metals, Inc., (NYSE: RTI) announced today
that 361 production and clerical employees at the Niles, Ohio plant of its
titanium mill subsidiary, RMI Titanium Company, have rejected a new contract.
The employees are represented by the United Steelworkers of America. Operations
at the plant are being conducted by nonrepresented employees.
In making the announcement, David Z. Paull, Vice President - Administration said, “We regret that the union has rejected the Company’s final offer. The Company is offering a contract consistent with the competitive nature of titanium markets. We hope they will come to agree and accept our offer. In the meantime, we will ensure that our customers are not adversely affected.”
RTI International Metals, headquartered in Niles, Ohio, through its various subsidiaries, manufactures and distributes titanium and specialty metal mill products and extruded shapes, as well as engineered systems for energy-related markets and environmental engineering services. The Company’s products are used for aerospace, defense, energy, chemical and consumer applications for customers around the world.
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