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History of Howmet Japan
1951 Komatsu Ltd initiate investigation into precision casting industry/opportunities. 1962 Howe Sound Corporation grant a Precision Casting license to Komatsu Ltd. Precision castings produced for Komatsu's first customer, IHI. 1965 Howe Sound Corp. company name changed to "Howmet". 1972 "Komatsu-Howmet Ltd" (KHL) founded in Osaka as a 50/50 joint venture between Howmet and Komatsu. 1976 KHL begin exporting products to Solar Turbines in USA. 1977 KHL begin producing aluminum castings for aircraft. 1979 PWA (USA) and PWC (Canada) approve Komatsu-Howmet as a certified supplier. 1983 Large vacuum furnace, suitable for large Industrial Gas Turbine (IGT) parts, installed. 1984 Fine Grain Casting technology transferred to KHL from Howmet. 1985 DS/SC Casting Technology transferred to KHL from Howmet. 1992 New plant constructed in town of Terai. 1995 Phase II of Terai Plant construction completed. Head Office and all production transferred from Osaka to Terai Plant. 1998 Howmet increase capital ownership to 81%. Awarded ISO9002 : 1994 certification 2000 Howmet assume 100% ownership. Company name changed to "Howmet Japan Ltd" (HJL) Phase III of Terai Plant construction completed. Now 3 times original size. Alcoa Inc. acquires Howmet. 2002 Awarded ISO9001:2000 certification 2003 Awarded ISO14001:1996 certification 2005 AS9100 Rev B certification
Origin of company name "Howmet" Composed of "How" (Howe Sound Corp.) & "Met" ("metals know-how")
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