RMI Titanium Company Announces Price Increases for Titanium Mill Products.Business Editors NILES, Ohio--(BUSINESS WIRE)--Aug. 7, 2001 RMI (Remote Method Invocation) A standard from Sun for distributed objects written in Java. RMI is a remote procedure call (RPC), which allows Java objects (software components) stored in the network to be run remotely. Titanium Company announced that it is increasing prices on new orders for commercially pure and alloy grade titanium products effective immediately. The increases will range from 5% to 15%. "These increases are needed at this time to cover increasing raw material costs and to allow for reinvestment in our business," said John Odle, Executive Vice President. RMI Titanium Company is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of RTI International Metals, Inc., (NYSE NYSE See: New York Stock Exchange :RTI RTI - Return from interrupt ). RTI, 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, industrial, military, the golf industry, and other consumer applications. |
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