In 2012, net sales for the Fabrication Group were $335.3 million versus $150.5 million in 2011. This Group had operating income of $12.5 million for the year compared to an operating loss of $11.2 million in 2011. The more than double year-over-year sales increase and transition from an operating loss to an operating profit in 2012 was driven primarily by the acquisition of Remmele Engineering in February of 2012, a full-year contribution from RTI Advanced Forming, which was acquired in November of 2011, increased shipments of precision machined titanium components for the Boeing 787 Dreamliner, and a tripling of sales of engineered components for subsea applications, primarily in the Gulf of Mexico.Distribution Group
RTI Reports Record Revenues As Part Of 2012 Results
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