Haynes International, Inc., headquartered in Kokomo, Indiana, 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; it also manufactures alloys in 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.
|Traded as||NASDAQ: HAYN
S&P 600 Component
|Mark Comerford, President & CEO|
|18.0 million pounds of metal|
|Revenue||US$406 million (FY 2016)|
|US$4 million (FY 2016)|
|US$5 million (FY 2016)|
|Total assets||US$638 million (FY 2016)|
|Total equity||US$341 million (FY 2016)|
Number of employees
|1,123 (September 30, 2016)|
In 1922, the company invented its first alloy under the Hastelloy brand, derived from the first letters of the words Haynes Stellite Alloy.
In 1989, the investment banking firm of Morgan, Lewis, Githens, and Ahn purchased the company.
In 1999, the company opened an office in Singapore, its first sales office in Asia.
In March 2007, Haynes completed a public equity offering.
In addition to Kokomo, Haynes has manufacturing facilities in Arcadia, Louisiana, and Mountain Home, North Carolina. The Kokomo facility specializes in flat products, the Arcadia facility in tubular products, and the Mountain Home facility in wire products.
The space shuttle’s engines have a total of 47 parts made from Haynes 188 alloy and 7 from Haynes' Hastelloy B alloy. Hastelloy C-22 alloy is used for the fuel line bellows that assist in achieving takeoff.
The company's revenues in fiscal year 2016 were derived from the following industries:
|Industry||% of 2016 total sales|
|Industrial gas turbine||16.8%|
The company produces 12 corrosion-resistant alloys that it markets under the Hastelloy brand. These alloys are based on nickel and can survive in high-temperature, high-stress situations such as chemical reactors.
|B-3||3*||1.5||28.5||3*||1.5||0.1*||3*||0.01*||65 min.||Al-0.5*, Ti-0.2*|
- Haynes International: Directors and Officers
- Haynes International, Inc. 2016 Form 10-K Annual Report
- Haynes International: Our Milestones
- "Haynes Announces Acquisition of Branford Wire & Manufacturing" (Press release). Business Wire. November 8, 2004.
- "Haynes prices $136.5 million IPO at $65 a share". Reuters. March 19, 2007.
- Haynes International: Alloy Portfolio