Japan-US Business Report Logo

No. 353, February 1999

Back to Issue Index aaaaa back to Subscriber Area

American Companies in Japan


For reasons that were not disclosed, TITANIUM METALS CORP. has decided not to buy 5 percent of the stock of new business partner TOHO TITANIUM CO., LTD. (see Japan-U.S. Business Report No. 350, November 1998, p. 19). Other details of their October 1998 alliance remain unchanged, however. For example, TIMET, a Denver-headquartered maker of titanium metal products, and the Kanagawa prefecture-based supplier of titanium sponge and ingot still plan to form a hearth-melting joint venture in Japan.

An exchange rate of ¥117=$1.00 was used in this report.aaaaaa

Top aaaaa Back to Issue Index aaaaa back to Subscriber Areaaaaa Home