SPECIAL METALS CORPORATION

SPECIAL METALS CORPORATION Overview

COMPANY OVERVIEW Company Headquarters: New Hartford, US

Founded: 1998

Workforce: ~700

Company Working: Special Metals Corporation (Special Metals) is a global leader in the production, invention, and supply of highnickel and other high-performance alloys. Special Metals is a group of companies created in 1998 when Special Metals Corporation, acquired Inco Alloys International, which included its Huntington Alloys and Wiggin Alloys divisions. It offers a wide range of nickel and cobalt alloys. The company operates through seven divisions, namely Huntington, New Hartford, Overall Forge, Pilot Processing Center, Western Australian Specialty Alloys (WASA), Welding Products, and Wiggin. Through the WASA division, the company offers a broad range of superalloys for power, military, and aerospace industries. The alloys are engineered to provide superior combination of high-temperature corrosion resistance, thermal resistance, strength, and toughness in diverse applications. It has production sites and research facilities spread across in the US and European countries, sales offices in North America, Asia-Pacific, and Europe, and a distribution network across the globe.

Strategy

Special Metals is focusing on offering solutions to deal with material problems by providing innovative alloy compositions. Also, it is investing in R&D and product development to cater to the demand for high-performance alloys in the automotive and aerospace industries.

Company Snapshot

700

Employees

1998

Founded

New Hartford, US

Headquarters

SWOT Analysis

Strengths

Wide product portfolio (100 alloy compositions)
80% of all the alloys are manufactured in its laboratories

Weaknesses

No recent developments related to the market

Opportunities

R&D investments
Expansions and product launches

Threats

Foreign exchange rate risks
Fluctuating prices of raw material (nickel)

Product Offering

Innovative Alloys
- Nickel & Cobalt Alloys

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