RTI will continue to invest in its plants

February 23, 2007 at 6:48p.m.

WEATHERSFIELD — RTI International Metals will continue to invest in its plants to take advantage of the boom in titanium demand, its president said.

Timothy Rupert told industry analysts on a conference call today that he expects RTI will spend $80 million on capital improvement projects this year. The company spent about $36 million last year.

RTI last year announced $78 million in improvements, including an $8 million upgrade to its RMI Titanium mill in Weathersfield. Those projects are continuing.

More projects are under review, Rupert said.

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