Proven “3D Printing” Manufacturing Process Expertise Moves RTI to
the Forefront in Capability to Deliver Advanced Solutions
Directed Manufacturing currently manufactures products that include aerospace airfoils, rakes, guide vanes and injection nozzles, complex fasteners, surgical tools, medical implants, injection mold inserts and many others. It is one of the few companies in the fast-growing Additive Manufacturing field with commercial production experience in both metals and plastics. The company’s customers include a number of major aerospace industry prime contractors and suppliers.
“We are very excited to welcome Directed Manufacturing to RTI. We believe its technology, track record of profitable commercial production, proven quality, performance and base of established customers immediately puts RTI at the forefront of Additive Manufacturing and 3D Printing – the technology that is rapidly expanding it’s influence on global manufacturing,”
“The growth potential for Additive Manufacturing solutions in RTI’s and Directed Manufacturing’s markets is truly exceptional. We look forward to maximizing the commercial opportunities that the new capabilities of our latest acquisition will generate, particularly on the most advanced new commercial aircraft and engine platforms, as well as medical device applications,” Ms. Hickton added. “We are also anxious to pursue opportunities with businesses in other market segments that are seeking the cost effectiveness of near-net-shape production that Directed Manufacturing’s 3D Printing capability delivers.”
“We are delighted to combine our company with RTI. Its existing capabilities, financial strength, strong market presence and global footprint make it the perfect partner for Directed Manufacturing to continue and accelerate our progress as we move forward together,”
The acquisition builds on more than two years of RTI research, development and other participation in the field of Additive Manufacturing as part of its strategic plan. These activities include collaboration with a major commercial aerospace OEM on prototype powder metal parts for advanced design aircraft. RTI is also a founding sponsor of the
Directed Manufacturing was advised by FBR & Co., a leading middle market investment banking firm.
RTI Forward-Looking Statement
All statements in this release relating to matters that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected, anticipated or implied. These risks and uncertainties include, but are not limited to, global economic and political uncertainties, the concentration of our revenue within the commercial aerospace and defense industries, actual build-rates, production schedules and titanium content per aircraft for commercial and military aerospace programs, the successful completion and integration of completed and pending acquisitions, military spending generally and in particular, demand from the Joint Strike Fighter program, the competitive nature of the markets for specialty metals, the ability of RTI to obtain adequate raw materials, the successful completion of RTI’s capital expansion projects, and other risks and uncertainties described and included in RTI’s filings with the