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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
September 20, 1996
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(Date of Report, date of earliest event reported)
TITANIUM METALS CORPORATION
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(Exact name of Registrant as specified in its charter)
Delaware 333-2940 13-5630895
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) Number)
1999 Broadway, Suite 4300, Denver, CO 80202
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(Address of principal executive offices) (Zip Code)
(303) 296-5600
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or address, if changed since last report)
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Item 5: Other Events
On September 19, 1996, the Registrant issued the press release
attached hereto as Exhibit 99.1, which is incorporated herein by reference.
The press release relates to the Registrant's announcement of a four-year
labor agreement between the Registrant and the Registrant's hourly employees in
Henderson, Nevada represented by the United Steelworkers of America.
Item 7: Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
Item No. Exhibit List
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99.1 Press release dated September 19, 1996
issued by Registrant.
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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)
By: /s/ John R. Burt
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John R. Burt
Corporate Attorney
and Assistant Secretary
Date: September 20, 1996
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Exhibit Index
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<TABLE>
<CAPTION>
Item No. Exhibit List
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<S> <C>
99.1 Press release dated September 19, 1996
issued by Registrant.
</TABLE>
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EXHIBIT 99.1
PRESS RELEASE
FOR IMMEDIATE RELEASE CONTACT:
Titanium Metals Corporation Joseph S. Compofelice
1999 Broadway, Suite 4300 (713) 423-3303
Denver, Colorado 80202
TIMET ENTERS INTO NEW LABOR AGREEMENT
DENVER, COLORADO . . . . September 19, 1996 . . . . Titanium Metals
Corporation (TIMET) (NASDAQ:TIMT) announced that the hourly workforce at its
Henderson, Nevada plant has voted to ratify a new, four-year labor agreement.
Approximately 350 production and maintenance workers at the facility are
represented by the United Steelworkers of America (Local 4856).
The new agreement runs until October 2, 2000, which is one year longer
than the historical three-year agreement at the plant. It provides for, among
other things, increases in wages during each of the four years and enhancements
in pension benefits over the course of the agreement, the costs of which are
expected to be offset in part by an agreed- upon reduction in the level of
profit sharing available to employees in certain years.
TIMET is a world leader in the production of titanium metal products.
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