About Rti Remmele Engineering, Inc.

RTI International Metals has titanium on the cranium. Through its Titanium Group the company produces ingots, bars, plates, sheets, strips, pipes, wire, and welded tubing, used primarily by the aerospace industry to make bulkheads, tail sections, engine components, and wing supports. Fabrication and Distribution groups operate through subsidiary RTI Energy Systems, making pipe and tubing for offshore oil and gas exploration and production, as well as geothermal energy production. RTI caters to commercial aerospace and defense industries, which represent almost 80% of sales, and a growing number of industrial and consumer customers. In 2015 the company agreed to be bought by Alcoa in a $1.5 billion deal.


The company operates through two segments: Titanium (45% of total revenue) and EP&S (55%). The Titanium segment melts, forges, processes, and produces a complete range of titanium mill products which are further processed by its customers for use in a variety of commercial aerospace, defense, and industrial, and consumer applications.

The EP&S segment offers hard and soft-metal services that form, extrude, fabricate, machine, additively manufacture, micro-machine, and assemble titanium, aluminum, and other specialty metal parts and components.

Sales and Marketing

RTI markets its products to the international aerospace, defense, energy, medical device, and other consumer and industrial markets. Customers include prime aircraft manufacturers and their family of subcontractors, including fabricators, forge shops, extruders, castings producers, fastener manufacturers, machine shops, and metal distribution companies.

Financial Performance

RTI achieved record-setting growth in 2013, with revenues peaking at $783 million. Profits, however, fell 40% from $24 million in 2012 to $14 million in 2013 due to increased expenses, professional fees, and a loss from discontinued operations. (Note: the company restated its annual financial report for 2012 due to discontinued operations.)

The historic revenue growth for 2013 was driven by a spike in EP&S segment sales due to higher Boeing 787 volumes and higher duty drawback recoveries. The company also earned additional revenues from previous acquisitions it made.

RTI's operating cash flow dropped significantly from $75 million in 2010 to $15 million in 2011. Its cash flow remained at $8 million in 2012 and $12 million in 2013.

Mergers and Acquisitions

RTI has been making acquisitions to add to its revenue stream. In 2014 the company acquired Directed Manufacturing for $23 million in cash. Directed Manufacturing provides additive manufacturing of titanium, specialty metal, and plastic components for both commercial production and engineering development applications in the commercial aerospace, medical, and oil and gas markets.

RTI also in 2014 picked up Advanced Powder Materials for $19 million. Advanced Powder Materials has expertise in titanium powder metallurgy and is a supplier of near-net shape titanium and titanium alloy preforms and components to commercial aerospace, defense, biomedical, and industrial customers.

To extend its international reach, in 2013 the company paid $16 million to acquire Extrusions Europe, Limited (formerly the extrusions business of Osborn Metals Limited). Extrusions Europe manufactures extruded, hot-or-cold stretched steel and titanium parts for a number of markets including the aerospace and oil and gas markets, and its business complements RTI's existing titanium extrusion operations in Houston.

- Show Less + Show Full Description

Rti Remmele Engineering, Inc.

10 Old Highway 8 Sw
Saint Paul, MN 55112-7709
Phone: 1 (651) 635-4100
Fax: 1 (651) 635-4170


  • Employer Type: Public
  • Vice President Micro Machining: John Bowden
  • Vice Pres: Jim Frazer
  • Ceo: Richard A Pogue
  • Employees: 466

Major Office Locations

  • Saint Paul, MN