UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 3, 2005
TITANIUM METALS CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 0-28538 13-5630895
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1999 Broadway, Ste. 4300, Denver, Colorado 80202
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (303) 296-5600
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
The registrant hereby furnishes the information set forth in the press
release issued on August 3, 2005, a copy of which is attached hereto as Exhibit
99.1 and incorporated herein by reference.
The information, including the exhibit, the registrant furnishes in this
report is not deemed "filed" for purposes of section 18 of the Securities
Exchange Act of 1934, as amended, or otherwise subject to the liabilities of
that section. Registration statements or other documents filed with the
Securities and Exchange Commission shall not incorporate this information by
reference, except as otherwise expressly stated in such filing.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
Item No. Exhibit Index
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99.1 Press Release dated August 3, 2005 issued by the Registrant.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TITANIUM METALS CORPORATION
(Registrant)
/s/ Matthew O'Leary
Matthew O'Leary
Corporate Attorney and Assistant Secretary
Date: August 3, 2005
INDEX TO EXHIBITS
Exhibit No. Description
99.1 Press Release dated August 3, 2005.
EXHIBIT 99.1
PRESS RELEASE
FOR IMMEDIATE RELEASE: CONTACT:
Titanium Metals Corporation Bruce P. Inglis
1999 Broadway, Suite 4300 Vice President - Finance and
Denver, Colorado 80202 Corporate Controller
(303) 296-5600
TIMET AND BOEING ENTER INTO NEW SUPPLY AGREEMENT
DENVER, COLORADO . . . August 3, 2005 . . . Titanium Metals Corporation
("TIMET" or the "Company") (NYSE: TIE) announced today that it has filed a
Current Report on Form 8-K with the Securities and Exchange Commission relating
to its entry into a new, extended-term agreement with The Boeing Company for
supply of titanium products by TIMET to Boeing for commercial aircraft
production through 2010. The parties' prior supply agreement was scheduled to
expire at year-end 2007. TIMET indicated that the financial impact of this new
agreement was factored into the Company's outlook as presented in its Quarterly
Report on Form 10-Q for the second quarter of 2005.
Commenting on the transaction, J. Landis Martin, Chairman, President and
CEO of TIMET, noted, "This new agreement secures TIMET's position as a major
supplier of titanium to Boeing. Since demand for commercial airplanes continues
to improve, we believe this new agreement represents a significant win-win for
both companies. We are very pleased to have the opportunity to further solidify
the important supply chain partnership that has existed between our two
companies since 1997."
The statements in this release relating to matters that are not historical
facts are forward-looking statements that represent management's beliefs and
assumptions based on currently available information and involve risks and
uncertainties, including but not limited to, the cyclicality of the commercial
aerospace industry, future global economic conditions, global productive
capacity, competitive products and other risks and uncertainties included in the
Company's filings with the Securities and Exchange Commission.
TIMET, headquartered in Denver, Colorado, is a leading worldwide producer
of titanium metal products. Information on TIMET is available on its website at
www.timet.com.
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