Titanium Metals Corporation (formerly NYSE: TIE), founded in 1950, is an American manufacturer of titanium-based metals products, focusing primarily on the aerospace industry. In November 2012, it was announced the company was being purchased for $2.9 billion by Precision Castparts.Its major U.S. operations are based in Morgantown, Pennsylvania; Henderson, Nevada; Vallejo, California; and Toronto, Ohio.