Type Public company Founded 1912 Revenue 406 million USD (2016) | Industry Metal Founder Elwood Haynes Number of employees 1,123 | |
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Traded as NASDAQ: HAYN
S&P 600 Component Key people Mark Comerford, President & CEO Stock price HAYN (NASDAQ) US$ 38.63 +0.63 (+1.66%)17 Mar, 4:00 PM GMT-4 - Disclaimer Headquarters Kokomo, Indiana, United States Subsidiaries Nickel Contor AG, Haynes Wire Co | ||
Haynes international motor museum
Haynes International, Inc. is one of the world’s largest producers of high‑performance nickel‑ and cobalt‑based alloys in flat product form such as sheet, coil and plate forms. The Company also produces its products as seamless and welded tubulars, and in slab, bar, billet and wire forms. The company specializes in corrosion resistant and high-temperature alloys for the aerospace, chemical processing and industrial gas turbine industries. Haynes is headquartered in Kokomo, Indiana.
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Haynes international
Current operations
The Company has manufacturing facilities in Kokomo, Indiana; Arcadia, Louisiana; and Mountain Home, North Carolina. The Kokomo facility specializes in flat products, the Arcadia facility specializes in tubular products, and the Mountain Home facility specializes in wire products.
The space shuttle’s engines have a total of 47 parts made from HAYNES® 188 alloy and 7 from HASTELLOY® B alloy. HASTELLOY® C-22® alloy is used for the fuel line bellows to help get the shuttle off the ground.
The company's revenues in fiscal year 2016 were derived from the following industries:
Hastelloy products
The company produces 12 corrosion-resistant alloys that it markets under the Hastelloy brand, derived from the first letters of the words Haynes Stellite Alloy. These alloys are based on nickel and can survive in high-temperature, high-stress situations such as in chemical reactors.
The following are the Hastelloy alloys currently in production:
History
The Company was founded in 1912 as Haynes Stellite Works by American inventor and entrepreneur Elwood Haynes in Kokomo, Indiana. Haynes had recently received a patent for a metal he created, which he named Stellite.
In 1920, the company was purchased by Union Carbide.
In 1922, the company invented its first alloy under the Hastelloy brand.
In 1927, Charles Lindberg's aircraft, the Spirit of St. Louis, which included hard-surfaced engine valves manufactured by Haynes, crossed the Atlantic Ocean.
In 1970, Cabot Corporation purchased the company.
In 1989, the investment banking firm of Morgan, Lewis, Githens, and Ahn purchased the company.
In 1997, the Blackstone Group purchased the company. The debt incurred ultimately forced Haynes into bankruptcy in March 2004, from which it emerged 5 months later in August 2004.
In 1999, the company opened an office in Singapore, its first sales office in Asia.
In 2004, the company acquired Branford Wire & Manufacturing of Mountain Home, North Carolina.
In March 2007, Haynes completed a public equity offering.