Haynes International to Expand Capacity at Two Facilities
Haynes International approved a new $61 million capital-expenditure
growth plan to expand capacity for tubular and flat products. The company plans
to invest $37 million to expand the specialty titanium and high-performance
nickel-alloy tubular production capacity of its Arcadia, La., facility by an
estimated 60%. In addition, Haynes plans to invest $24 million to expand its
capacity to produce specialty high-performance-alloy flat products at its
Kokomo, Ind., facility by an estimated 20%. The company has commenced initial
planning and design and expects to complete both projects within the next two
years.
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