VSMPO-AVISMA, largest Russian titanium-producer, and Boeing established a long-term fruitful cooperation. The holding has been a titanium supplier for the American partners for over 15 years. They concluded the first agreement and started manufacturing titanium forgings for Boeing 767 in 1997. 'Boeing-VSPMO' Innovation centre was opened as a part of commitment.
In August, 2007 Boeing and VSMPO-AVISMA set the Ural Boeing Manufacturing joint venture in Sverdlovsk region in order to conduct primary machine processing for Boeing Dreamliner 787 forgings. The enterprise commenced to work in 2009. At the moment the plant supplies up to 40% of Boeing needs.
Titanium turnings obtained in the course of Dreamliner service parts processing in the Portland Boeing works and other sub-suppliers' metal-processing enterprises are sent back to VSMPO-AVISMA for using-up. This creates a unique cycle of titanium semi-products, forging and other production supporting.
Boeing is aimed to development of the cooperation with Russian partners and plans to invest approximately 27 billion dollars into various projects in the next 30 years including the 18 billion meant to VSMPO-AVISMA titanium goods purchase.