Timeline
1970's
1970
- GFM installed for production of bar & billet up to 10in diameter
- 36in diameter, 14,000 lbs. ingot produced
- Vacuum creep flattening unit installed
- Boeing 747 launched and consumes just under 100,000 lbs. of titanium per plane
- Kent State University student riots break out over the Vietnam War
1971
- Reactive Metals, Inc. renamed RMI Company
1972
- Richard M. Nixon re-elected as U.S. President
1973
- RMI Purchases TRADCO in Washington, Missouri
- Watergate scandal
1974
- McDonnell-Douglas F-15 and Grumman's F-14 airframes weights are over 30% titanium
- Rockwell's B-1 Bomber uses 200,000 lbs. of titanium per aircraft
- Industry titanium shipments reach a record total 35 million lbs.
- Richard M. Nixon resigns as the Presidency of U.S.
- Gerald R. Ford sworn in as 38th U.S. President
1975
- Microsoft founded
1976
1977
- President Carter cancels Rockwell B-1 Bomber
1978
- John Paul II becomes Pope
1979
- Standard ingot size reaches 36in diameter, 20,000 lbs.
- Industry product market mix:
- 45% commercial aerospace
- 38% defense aerospace
- 17% nonaerospace
- Industry titanium shipments reach 46 million lbs.
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Dawne S. Hickton
Vice Chairman and CEO
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