Titomic Secures $10.3M EXIM Loan for Alabama Expansion

The Export-Import Bank of the United States approved a $10.3 million direct loan to Titomic USA to buy an integrated high-pressure cold-spray production cell for its Huntsville, Alabama, operation. The equipment will expand the company’s ability to manufacture, repair and restore high-performance metal components for industries including aerospace, defense, energy and maritime. The financing is provided through EXIM’s Make More in America Initiative, which supports export-oriented U.S. manufacturing projects in sectors considered important to national security. EXIM and Titomic say the expansion is expected to support at least dozens of new full-time jobs in Alabama and strengthen domestic manufacturing and supply chains.