Perryman Boosting Melt Capacity

Perryman Co. announced that construction will begin next month on a on an integration project that will create melting operations using both electron beam and vacuum arc remelt technologies. The facility is expected to be operational by early 2007. The plant is slated to be built in California, PA.

Perryman Company made the decision to add melting capabilities for a number of reasons. A major incentive is to be able to recycle 100 percent of its scrap. Currently only about 70 percent of titanium scrap makes it back into the titanium industry. After the expansion, Perryman will be able to use all of its own scrap in its melting operations. Keeping titanium in the industry is critical at a time when demand is at an all-time high. Despite the addition of melting facilities, Perryman Company does not expect to reduce the amount of titanium it purchases on the open market.