Haynes International to Expand Capacity at Two Facilities
August 3, 2012
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.