Question-and-Answer Session
Thank you. [Operator Instructions]. And your first question will come from line of Chris Olin from Citi Research. You may proceed.
Chris Olin - Cleveland Research
Hello.
Anne L. Stevens - Chairman, President and Chief Executive Officer
Yes. We're here.
Chris Olin - Cleveland Research
I guess that's me. It's Chris Olin from Cleveland Research.
Anne L. Stevens - Chairman, President and Chief Executive Officer
Our operator certainly changed your name.
Chris Olin - Cleveland Research
Let me start off with some maintenance questions here. I guess, first, what is the other materials component in your segment breakdown that you are listing now and I guess you planned the setting from the TIMET relationship. Is that anywhere in those numbers?
Anne L. Stevens - Chairman, President and Chief Executive Officer
Yes. TIMET relationship is going well, that was an agreement where we purchased ingots and we processed for them. So we really are satisfied that's a good agreement for us. Just in terms of new products, some of these products are developmental products. Some of them are different ingots but the team had not processed before and along with that the line upset we had put out in the plan were not as efficient as we expected them to be. The problems are behind us and we've learnt from the experiences.
K. Douglas Ralph - Senior Vice President - Finance and Chief Financial Officer
And Chris, the other segment is a small business up in Massachusetts, the wrapbone [ph] business.
Chris Olin - Cleveland Research
Okay, thanks. So you are processing titanium volumes, despite I guess the issues with the 787 et cetera.
Anne L. Stevens - Chairman, President and Chief Executive Officer
Yes. A small amount.
Chris Olin - Cleveland Research
Okay. Can you quantify what the impact has been?
Anne L. Stevens - Chairman, President and Chief Executive Officer
No. At this particular point in time I couldn't do that Chris. But it's a small amount.
Chris Olin - Cleveland Research
Okay. Changing gears here a little bit. Help me understand what your thoughts are on the nickel alloy supply out in the marketplace. Are we concerned that maybe there is too much multi-capacity out there and I guess I get concerned a lot of it maybe targeting the energy market going forward, I mean can you help me with this?
Anne L. Stevens - Chairman, President and Chief Executive Officer
- To read the full transcript on Seeking Alpha, click here »
