Special Metals Corporation

Special Metals Corporation
	Special Metals Corporation
Industry	Alloy metals
Predecessor	Inco Alloys International
Products	Inconel, Incoloy, Monel, Nimonic,
Owner	Berkshire Hathaway
Number of employees	590 (1997)
Website	specialmetals.com

Special Metals Corporation (SMC) is a supplier of refractory alloys and is headquartered in New Hartford, New York, United States. The company has operations in Huntington, West Virginia; Dunkirk, New York; Burnaugh, Kentucky; Elkhart, Indiana and Hereford, England.^{[citation needed]}

SMC's trademarks include Inconel, Incoloy, Monel, Nimonic, and Udimet.

History[]

"In 1952, a predecessor of Special Metals pioneered the melting technology that led to the practical development of the superalloys that are the critical materials used in the 'hot' section of modern jet engines."^[1]

At year end of 1996, SMC had "45 million pounds of vacuum induction melting capacity", 590 employees, was incorporated in Delaware and was managed by Don Muzyka.^[1]

SMC acquired Inco Alloys International from Inco in 1998 at the same time as it sold US$125 million of preferred stock to Titanium Metals Corporation.^[2]

In 2006, Special Metals was acquired by Precision Castparts Corporation of Portland, Oregon, US.^[3]

In January 2016, SMC became a subsidiary of a subsidiary of Berkshire Hathaway when the latter acquired Precision Castparts.^[4]

External links[]

Official website
Special Metals Wiggin—official UK website

References[]

^ Jump up to: ^a ^b "SPECIAL METALS CORP (SMCX)". Nasdaq, Inc. Retrieved 3 April 2021.
^ The New York Times, July 10, 1998 Company News: Special Metals agrees to acquire alloys unit from Inco
^ Precision Castparts Corp. Completes Acquisition of Special Metals Corporation, May 25, 2006 Archived August 10, 2006, at the Wayback Machine
^ Rogoway, Mike (January 30, 2016) [first published online January 29]. "Precision Castparts' $37B sale finalized". The Oregonian. p. C8. Retrieved 2016-02-02.

This United States manufacturing company–related article is a stub. You can help Wikipedia by .

[smcnasdaq-1] Jump up to: ^a ^b "SPECIAL METALS CORP (SMCX)". Nasdaq, Inc. Retrieved 3 April 2021.

[nytsmc-2] The New York Times, July 10, 1998 Company News: Special Metals agrees to acquire alloys unit from Inco

[prime-3] Precision Castparts Corp. Completes Acquisition of Special Metals Corporation, May 25, 2006 Archived August 10, 2006, at the Wayback Machine

[sale_final-4] Rogoway, Mike (January 30, 2016) [first published online January 29]. "Precision Castparts' $37B sale finalized". The Oregonian. p. C8. Retrieved 2016-02-02.

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