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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
August 13, 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 August 12, 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 the formation of
TIMET Savoie.
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 August 12, 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: August 13, 1996
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EXHIBIT INDEX
Exhibit No. Description
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99.1 Press release dated August 12, 1996
issued by Registrant.
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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 ANNOUNCES THE FORMATION OF TIMET SAVOIE
DENVER, COLORADO . . August 12, 1996. . . Titanium Metals Corporation
(NASDAQ-TIMT) announced that TIMET and Compagnie Europeenne du Zirconium-CEZUS,
S.A. (CEZUS), a leading French titanium and zirconium producer, have completed
the previously announced formation of TIMET Savoie, S.A., a joint company based
in France which has acquired the titanium business of CEZUS.
TIMET Savoie is owned 70% by TIMET and 30% by CEZUS. TIMET Savoie
will operate within the CEZUS facility in Ugine, France, utilizing equipment
and personnel dedicated to titanium production which have been transferred from
CEZUS. In connection with the transaction, the sales, service and technical
support activities of TIMET's existing French operations will be consolidated
with the operations of TIMET Savoie.
TIMET Savoie will benefit from TIMET's leadership in titanium
technology and its extensive international distribution network.
TIMET, headquartered in Denver, Colorado, is a world leader in the
production and distribution of titanium sponge, ingot, and a broad array of
titanium mill products.
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