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    Titanium Industries, Inc. Purchases GMT Companies

    Titanium Industries, Inc. (TI) and GMT Companies (GMT) are pleased to announce that TI has purchased the GMT companies including GMT Titanium.  This will allow TI and GMT to join forces in their efforts to sell titanium and high performance metal products to the European customer base.  This purchase joins TI, the world’s largest independent manufacturing distributor of titanium mill products primarily for aerospace and medical markets and GMT, a leading European based distributor of primarily industrial based titanium products.

    The two European GMT facilities in Bergen, Norway and Southampton, England will compliment the TI facility in Birmingham, England; as well as 7 other strategically located distribution facilities.  The co-existence of these facilities will also provide the additional space required to immediately grow European operations of the two companies, as well as the continued expansion of the non-titanium High Performance Metal, or HPM division, of TI.

    Brett Paddock – President and COO of TI said, “GMT’s strong presence in the North Sea and European industrial market and recent success in the alloy bar market will be an impressive addition to TI’s sales and processing capabilities for many types of mill products into major market segments; which include general industrial, biomedical, and aerospace.  GMT’s personnel also have considerable expertise in non-titanium products that fits well into the long term product diversification strategy at TI.”

    In addition, GMT Titanium’s global sourcing capabilities and innovative marketing strategies are expected to bring new opportunities to the entire Titanium Industries’ distribution network.

    Roger Sjomark, GMT’s current Chairman, will take over as Director of European Business Development for Titanium Industries and report to Mr. Paddock.  His responsibilities will include strategic European business development and he will work closely with many departments at both companies.

    Jan-Hugo Schnelle will continue his responsibilities as Managing Director of both the Norway and UK facilities and he will also oversee Titanium Industries, UK, Ltd division.  He will report to Jeff Wise, Vice President, Sales and Marketing for TI.

    Mr. Wise added, “The combined synergies of the two companies; including quality products we offer, the markets in which we operate, the customer service oriented and technically sound expertise of our personnel and our common strategy to empower our employees, will allow unprecedented growth opportunities for the combined companies in Europe and the world market.  In addition to product diversification and processing capability expansion, some of the immediate opportunities will be to focus on growth into Central and Eastern Europe.”

    In business since 1972, Titanium Industries, Inc. is the world’s largest manufacturing distributor of titanium mill products with six distribution facilities in North America, including a recently expanded facility in Montreal, Canada and four international facilities with a fifth to be opened by the end of June in Bangalore, India. TI and GMT hold ISO 9001:2000 and TI holds AS 9100 Rev.B and a variety of airframe, engine, DOD, medical and industrial customer approvals. Titanium Industries also sells other specialty metals through its wholly owned High Performance Metal division.                                        www.titanium.com                www.gmttitanium.com             www.highperformancemetal.com

     

    March 2008.

    The winner of a titanium watch

    The recent 0I08 exhibition saw a steady flow of customers to our stand over the 3 days with more then 400 people entering our competition for the chance to win a titanium watch.

    Guess`s for the weight of the titanium bike ranged from a super light 254 grammes, up to a rather more heavy duty 21 kgs.

    The winner was Victoria Bosi from SMD, who has chosen a Citizen Ladies Eco-drive titanium watch.

    Sorry to those who entered and didn`t win. Just make sure you come to our next exhibition to see what we are going to be doing there.

                                                                                                                                                     

    January 2008.

    We congratulate Ørjan Lindøe with 10 great years at GMT!

     

     

                                                                                                                                                       

     

    2007
    New Managing Director

    GMT are very pleased to introduce to you Mr Jan-Hugo Schnelle the new Managing Director of GMT International AS, with responsibility for GMT’s business’s in Norway and the U.K.

    Jan-Hugo has joined us from Simrad/Navico`s distribution company in Norway, Sweden and Denmark where he has worked since year 2000 as Managing Director. For the ten years prior to that he worked for the  Norwegian telecommunications company Telenor in a number of roles within sales and management. Jan-Hugo is a qualified electronics engineer and business economist.