Alcoa to acquire RTI International Metals

March 11, 2015
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Alcoa, Pittsburgh, announces that it has signed a definitive agreement to acquire RTI International Metals Inc., to grow its value-add businesses and to further strengthen its aerospace portfolio. RTI will expand Alcoa's range of titanium offerings and add advanced technologies and materials, increasing the company's position as a leading industrial innovator.

The acquisition will offer Alcoa financial benefits with realized net synergies of about $100 million in 2019, primarily driven by procurement and productivity improvements, leveraging Alcoa's global shared services and driving profitable growth. Alcoa expects RTI to contribute $1.2 billion in revenues in 2019, up from $794 million generated in 2014, with 65 percent of revenues supported by contracts over the next five years. RTI is expected to reach profitability of 25 percent EBITDA margin in 2019, up from 14.5 percent in 2014.

This transaction is expected to enable Alcoa to capitalize on strong growth in the commercial aerospace sector. Alcoa projects a compounded annual global aerospace market growth rate of 5 to 6 percent through 2019 and sees a current 9-year production order book for commercial jets at 2014 delivery rates.

RTI grows Alcoa's pro forma 2014 annual aerospace revenues by 13 percent, up from $5 billion to $5.6 billion. RTI is expected to increase Alcoa's 2014 pro forma aerospace revenues to 37 percent of value-add sales, up from 35 percent. Alcoa's aerospace business is the largest contributor to Alcoa's value-add businesses.

Eighty percent of RTI's revenues in 2014 were from the aerospace and defense industries, with the balance mainly split between other markets including energy and medical devices, complementing Alcoa's growth markets.

www.alcoa.com

 

Alcoa to acquire RTI International Metals

Alcoa, Pittsburgh, announces that it has signed a definitive agreement to acquire RTI International Metals Inc., to grow its value-add businesses and to further strengthen its aerospace portfolio.

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Vac Aero receives orders for three replacement hot zones

February 16, 2015
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Vac Aero, Burlington, Ontario, recently received orders for three complete all-metal hot zone refurbishments for customers in Florida, Connecticut, and Indiana. The companies are in the aerospace, medical, and commercial heat treatment industry sectors. The retrofit work is for two horizontal and one vertical furnace.

The hot zones feature unitized construction for easy removal and maintenance. The lightweight design's low thermal mass enables faster quenching and longer life. The heat shield package consists of one layer of 0.020 in. thick lanthanated molybdenum (Mola) sheet backed by one layer of 0.010 in. thick molybdenum sheet, and three layers of 0.014 in. stainless steel sheet.

The heat shield package is supported by a 14 gauge stainless steel assembly that also acts as a manifold to distribute the quenching gas uniformly throughout the workload. Built for rugged usage and low maintenance, Vac Aero hot zones feature unitized construction for easy removal and maintenance.

www.vacaero.com

 

Vac Aero receives orders for three replacement hot zones

Vac Aero, Burlington, Ontario, recently received orders for three complete all-metal hot zone refurbishments for customers in Florida, Connecticut, and Indiana.

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Femtosecond lasers make metals superhydrophobic

January 25, 2015
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Scientists at the University of Rochester, N.Y., have reportedly transformed platinum, titanium, and brass into superhydrophobic materials with femtosecond laser pulses. Superhydrophobicity makes a surface rust-resistant, anti-icing, and anti-biofouling, all of which could help make such devices more robust and easier to maintain. The superhydrophobic surfaces can also clean themselves, since water droplets repelled from the surface carry away dust particles very efficiently. 

This work builds on earlier research by the team in which they used a similar laser-patterning technique that turned metals black. Dr. Guo states that using this technique they can create multifunctional surfaces that are not only super-hydrophobic, but also highly absorbent optically.

"This is the first time that a multifunctional metal surface is created by lasers that is superhydrophobic, self-cleaning, and highly light absorptive," said Chunlei Guo, a physicist at the Institute of Optics at the University of Rochester. He made the new surfaces with his colleague and fellow University of Rochester researcher Anatoliy Vorobyev. The researchers describe the laser-patterned surfaces in an article, "Multifunctional surfaces produced by femtosecond laser pulses." It was published in the Journal of Applied Physics on January 20, 2015 (DOI: 10.1063/1.4905616). It can be accessed at: http://scitation.aip.org/content/aip/journal/jap/117/3/10.1063/1.4905616.

Dr. Guo says that one of the big advantages of his team's process is that "the structures created by our laser on the metals are intrinsically part of the material surface." That means they won't rub off. And it is these patterns that make the metals repel water.

The team is now planning on focusing on increasing the speed of patterning the surfaces with the laser, as well as studying how to expand this technique to other materials such as semiconductors or dielectrics, opening up the possibility of water repellent electronics.

www.rochester.edu

 

Femtosecond lasers make metals superhydrophobic

Scientists at the University of Rochester, N.Y., have reportedly transformed platinum, titanium, and brass into superhydrophobic materials with femtosecond laser pulses.

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A heart of gold? Try platinum

December 5, 2014
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A platinum-chromium alloy makes coronary stents stronger, more flexible and resistant to corrosion. Now, Department of Energy National Lab scientists are winning an award for their work on the development, transfer and successful commercialization of the novel alloy.

The researchers from the National Energy Technology Laboratory (NETL), Morgantown, W. Va., will receive a 2015 ASM Engineering Materials Achievement Award from the materials science and engineering society ASM International, Materials Park, Ohio. NETL's Paul Jablonski, Paul Turner, Edward Argetsinger, and Jeffrey Hansen developed the alloy in collaboration with researchers at Boston Scientific Corp., Marlborough, Mass.

The alloy is the first stainless steel formulation for stents with a significant concentration of platinum, making it easier for coronary specialists to see the stent on x-ray during placement and expansion. The alloy also increases the stents' corrosive resistance, strength and flexibility. Stents made from the alloy benefit patients by shortening recovery time and avoiding follow-on procedures and more invasive surgery, which reduces healthcare costs.

Since their commercial introduction in 2010, the stents have helped more than 2.5 million people, generated more than $6 billion in sales and captured a 25 percent share of the coronary stent market. Engineered and manufactured in the U.S., the stent series has created 450 sustainable domestic jobs.

Image caption — This coronary stent is made with a lab-developed, award-winning platinum-chromium alloy. Courtesy of NETL.

A heart of gold? Try platinum

A platinum-chromium alloy makes coronary stents stronger, more flexible and resistant to corrosion wins award from ASM International.

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Fraunhofer develops iron-base composite implants to stimulate bone growth

November 12, 2014
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Researchers at the Fraunhofer Institute, Germany, have reportedly developed load-bearing, biodegradable implants made of a composite of iron reinforced with tricalcium phosphate (TCP), which stimulates the healing process of the bone. Iron alloys corrode slowly and ensure high mechanical strength, while TCP ceramic decomposes quickly, stimulates bone growth, and aids the ingrowth of the implant.

These materials are to be gradually absorbed by the body while, at the same time, new bone tissue is formed. Ideally, the degree of degradation is adapted to the bone growth so that the degradation of the implant meshes with the bone formation. For this reason, the scientists are developing materials with specifically adjustable degradation. The challenge: The implants have to be mechanically stable enough during the entire healing process so that they are able to fix the bone in place. At the same time, they cannot have any allergenic effects or cause inflammation.

To manufacture the composite, the researchers have turned to the powder injection molding process. It offers the ability to produce complex structures cost-effectively and in large numbers. Properties such as density and porosity can be controlled selectively – an important factor, since high density and low porosity result in high mechanical strengths. Another advantage: The materials are available as powders and can be mixed in any proportion prior to processing.

In laboratory experiments, the researchers have found the optimum composition of the materials for the suture anchor. The demonstrator consists of 60% iron and 40% ceramic. The researchers have succeeded in doubling the degradation rate from 120 to 240 micrometers per year in the laboratory model.

While shaping processes such as powder injection molding are especially suited in large quantities as fixation elements for standard implants, additive manufacturing methods are used to produce individual implants – such as for bone replacement in the skull area – or implants with defined pore structure. The researchers from ILT who are also involved in the project are producing implants made of magnesium alloys through the use of Selective Laser Melting (SLM).

http://www.fraunhofer.de/en.html
 

 

Fraunhofer develops iron-base composite implants to stimulate bone growth

Researchers at the Fraunhofer Institute, Germany, have reportedly developed load-bearing, biodegradable implants made of a composite of iron reinforced with tricalcium phosphate (TCP), which stimulates the healing process of the bone.

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Magnesium-base alloys under development for biodegradable medical implants

November 3, 2014
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University of Pittsburgh researchers recently received another $1.5 million from the National Science Foundation to continue a combined multi-university, private-industry effort to develop implantable medical devices made from biodegradable alloys based on magnesium. The consortium seeks to design devices that can adapt to changes in a patient's body and dissolve after the injury has healed.

This would reduce the follow-up procedures and potential complications of major orthopedic, craniofacial, and cardiovascular procedures, and spare millions of patients worldwide added pain and medical expenses.

The Engineering Research Center for Revolutionizing Metallic Biomaterials has designed anterior cruciate ligament rings made of biodegradable metals—usually magnesium based. They are not new, having been originally considered in the late 19th century. But, says Pitt's William Wagner, deputy director of the project and a principal investigator, "the question comes when you start to design medical devices for a specific application and a clinical partner says, ‘We want that to be gone in a month, or a month-and-a-half, or we want that to be there for a year.'" Then you have to figure out how to meet those specifications, he says.

To that end, the Pitt team as well as collaborators at the University of Cincinnati (UC) and North Carolina Agricultural and Technical State University (N.C. A&T) are creating new alloys and new manufacturing processes that suit clinical demands. The consortium seeks to design devices that can adapt to changes in a patient's body and dissolve once healing has occurred, reducing the follow-up procedures and potential complications of major orthopedic, craniofacial, and cardiovascular procedures and sparing millions of patients worldwide added pain and medical expenses.

http://www.news.pitt.edu/news/creating-medical-devices-dissolving-metal

 

 

Magnesium-base alloys under development for biodegradable medical implants

University of Pittsburgh researchers recently received another $1.5 million from the National Science Foundation to continue a combined multi-university, private-industry effort to develop implantable medical devices made from biodegradable alloys based on magnesium.

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Ipsen to ship VFS furnaces for heat treating medical devices and aerospace equipment

October 1, 2014
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Ipsen USA, Cherry Valley, Ill., announces that it will ship four VFS furnaces from its facility in Souderton, Pa., to sites in Washington, Ohio, North Carolina, and South Carolina, primarily for heat treating medical devices and aerospace structures. Valued at more than $4.7 million, these furnaces include HIQ (Horizontal Internal Quench), HEQ (Horizontal External Quench), and the specialized VDS (Vacuum Debind and Sinter) system capable of high-efficiency binder- and contaminate-trapping.

The HEQ and HIQ models represent the latest vacuum furnace innovations and designs. Overall, the VFS series provides consistent performance and reliability, all while staying committed to supplying maintenance-friendly designs that reduce downtime.

Ipsen designs and manufactures industrial vacuum furnaces, atmosphere furnaces, and supervisory control systems for a wide variety of thermal processing markets, including: Aerospace, Commercial Heat Treating, Medical, Energy and Automotive.

www.ipsenusa.com

 

Ipsen to ship VFS furnaces for heat treating medical devices and aerospace equipment

Ipsen USA, Cherry Valley, Ill., announces that it will ship four VFS furnaces from its facility in Souderton, Pa., to sites in Washington, Ohio, North Carolina, and South Carolina, primarily for heat treating medical devices and aerospace structures.

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Stratasys acquires Solid Concepts for its 3D printing of medical and aerospace parts

July 16, 2014
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Stratasys, Minneapolis, announces the acquisitions of Solid Concepts and Harvest Technologies, which will be combined with RedEye, its existing digital manufacturing service business, to establish one additive manufacturing services business unit.  Stratasys acquired Solid Concepts because of its deep knowledge of manufacturing and vertical focus, such as medical and aerospace.  Stratasys expects to complete its acquisition of Harvest Technologies by the end of July. 

David Reis, chief executive officer of Stratasys, stated, "We look forward to enhancing our customer offering with the completion of this transaction.  With Solid Concepts' deep knowledge of manufacturing and vertical focus, such as medical and aerospace, Stratasys will be even better positioned to meet our customers' evolving additive manufacturing requirements.  We are delighted to welcome the talented employees of Solid Concepts to the Stratasys family and look forward to completing the acquisition of Harvest in order to form a leading strategic platform to better meet customers' needs."  

Stratasys expects to update its financial guidance to reflect both the Solid Concepts and Harvest transactions in conjunction with its second quarter 2014 financial results.

www.stratasys.com

 

Stratasys acquires Solid Concepts for its 3D printing of medical and aerospace parts

Stratasys, Minneapolis, announces the acquisitions of Solid Concepts and Harvest Technologies, which will be combined with RedEye, its existing digital manufacturing service business, to establish one additive manufacturing services business unit.

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EOS expands 3D printing materials with Ti64ELI and StainlessSteel 316L for medical devices

March 20, 2014
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EOS of North America, Novi, Mich., expands its metal materials portfolio with EOS Titanium Ti64ELI and EOS StainlessSteel 316L. The goal is to offer a broader range of titanium and stainless steel materials and open up new fields of application for components fabricated by laser sintering of powder metals. Ti64ELI provides high-detail resolution. StainlessSteel 316L provides high ductility for medical applications such as surgical instruments and orthopedics.

Parts built in EOS Titanium Ti64 have a chemical composition and mechanical properties corresponding to ASTM F136. Providing a high-detail resolution, this alloy can be processed on an EOSINT M 280 (400 Watt) metal laser-sintering system and shows an excellent corrosion resistance. Due to its biocompatibility and high grade of purity it is particularly suited for the additive manufacturing of medical implants.

EOS StainlessSteel 316L has been optimized specifically for processing on the EOSINT M 280 metal laser-sintering system. It shows a good corrosion resistance and a high ductility. Parts built from EOS StainlessSteel 316L have a chemical composition corresponding to ASTM F138 ("Standard Specification for Wrought 18Cr-14Ni-2.5Mo Stainless Steel Bar and Wire for Surgical Implants UNS S31673"). In the medical industry, this alloy is particularly suited for surgical instruments, endoscopic surgery, orthopedics and implants.

The material is also a good choice for use in the watch and jewelry industries, where the designer benefits from extensive freedom of design. Shaping and structural restrictions as such are a thing of the past. Parts such as watch cases (thanks to defined hollow spaces) can be manufactured more cost-efficiently and easily, saving resources. The material is also well suited for additive manufacturing applications such as spectacle frames or functional elements in yachts. In the aerospace industry, EOS StainlessSteel is a good choice for the manufacture of clamping elements or heat exchangers. Parts manufactured from that material can be mechanically post-processed or polished.

www.eos.info

EOS expands 3D printing materials with Ti64ELI and StainlessSteel 316L for medical devices

EOS of North America, Novi, Mich., expands its metal materials portfolio with EOS Titanium Ti64ELI and EOS StainlessSteel 316L.

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Titanium 2014 call for papers

March 4, 2014
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The International Titanium Association (ITA), Denver, Colo., has issued a "Call for Papers" to be presented at TITANIUM 2014, Sept. 21 – 24 at the Hilton Chicago. Interested presenters should submit abstracts by June 16 to [email protected] for consideration by the conference organizing committee. Instructions are located in the Industry Events section of the ITA website at www.titanium.org.

Sufficient detail for fair evaluation of the proposed paper and presentation should be included, along with an indication of the most appropriate session: Raw Materials; Alternative Energy; Commercial Aerospace; Military/Defense; Automotive; Medical; Industrial Markets; Economy/Finance; Energy Exploration and Production; Manufacturing Technology; New Materials; Consumer Markets; Architectural; Welding & Joining; Medical Applications.

Jennifer Simpson, executive director of the ITA, also announced that "early bird" registration is now available now through April 15th.

TITANIUM USA 2014 is designed to suit the needs of titanium industry professionals, suppliers, customers, and stakeholders. The gathering offers a full spectrum of information on the latest business, technology, and market trends and developments in the global titanium industry. It provides an excellent forum for expert discussions, continuing education, networking opportunities and more.

Conference attendees typically hold executive positions in areas such as management, sales and marketing, product development, procurement, engineering and design, purchasing and quality control. Last year TITANIUM 2013, held in Las Vegas, drew a record attendance of 1180 guests from 28 countries.

www.titanium.org

Titanium 2014 call for papers

The International Titanium Association (ITA), Denver, Colo., has issued a “Call for Papers” to be presented at TITANIUM 2014, Sept. 21 – 24 at the Hilton Chicago.

Continue reading