Allegheny Technologies Inc.
Allegheny Technologies Inc. (ATI), headquartered in Pittsburgh, Pa., is a specialty metals and components supplier for the aerospace & defense, medical, and industrial industries.
Latest News
USW Reaches Tentative Labor Agreements with Allegheny Technologies Facilities
01 July 2011 - The United Steelworkers has reached tentative four-year agreements with ATI Allegheny Ludlum and ATI’s Albany, Ore., titanium operations.
Allegheny Technologies Names EVP, High Performance Forgings and Castings
13 June 2011 - Allegheny Technologies has named Gary J. Vroman as Executive Vice President, High Performance Forgings and Castings and President, ATI Ladish.
Russula Receives Contract for Allegheny Ludlum Project
19 May 2011 - Fives Stein Inc has awarded a contract to Russula Corp. for the supply of the automation for two 250 tons per hour walking beam slab reheat furnaces.
Allegheny Technologies Completes Acquisition of Ladish
10 May 2011 - Allegheny Technologies has completed its acquisition of Ladish Co., Inc. in accordance with the agreement and plan of merger adopted by Ladish shareholders at a special meeting held on May 6, 2011.
Allegheny Technologies Announces Chairman, Executive Appointments
02 May 2011 - Allegheny Technologies Inc. announced that Richard J. Harshman, 54, has officially taken over as Chairman, President and Chief Executive Officer of ATI succeeding L. Patrick Hassey who has retired. The company also announced a number of executive title changes.
Allegheny Technologies Announces First Quarter 2011 Results
28 April 2011 - Allegheny Technologies Inc. reported net income of $56.3 million on sales of $1.23 billion for the first quarter of 2011.
Allegheny Technologies Chairman and CEO Announces Retirement
01 March 2011 - Allegheny Technologies Chairman and CEO L. Patrick Hassey announces his decision to retire, effective May 1, 2011. He will be replaced by Richard J. Harshman who will serve as Chairman, President and Chief Executive Officer.
Allegheny Technologies Announces 4th Quarter, Full-Year 2010 Results
27 January 2011 - Allegheny Technologies Inc. reported net income of $15.1 million on sales of $1.04 billion for the fourth quarter and net income of $70.7 million on sales of $4.05 billion for the full year 2010.
ATI Announces Pricing of Senior Notes Offering
05 January 2011 - Allegheny Technologies Inc. has priced its public offering of senior notes due 2021. Net proceeds will help to finance the cash portion of the merger consideration for the company’s acquisition of Ladish.
ATI Announces Expiration of HSR Review Period for Acquisition of Ladish
04 January 2011 - The review period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired for Allegheny Technologies’ previously announced acquisition of Ladish Co., Inc.
Allegheny Technologies to Acquire Ladish
18 November 2010 - Allegheny Technologies Inc. (ATI) and Ladish Co., Inc. have entered into a definitive merger agreement whereby ATI will acquire Ladish for an aggregate fully distributed equity value of approximately $778 million. The transaction is expected to be completed in early 2011.
Allegheny Technologies Updates Third Quarter Outlook
18 October 2010 - Allegheny Technologies is forecasting net income of approximately $0.01 per share for the third quarter 2010, including the impact of several one-time charges.
Allegheny Technologies Announces Executive Appointments
30 July 2010 - L. Patrick Hassey, Chairman and CEO of Allegheny Technologies Inc., has announced that effective August 1, 2010, Richard J. Harshman will become President and Chief Operating Officer. He will report to Hassey. Dale G. Reid has been named Senior Vice President, Finance and Principal Financial Officer of ATI, also reporting to Hassey.
Allegheny Technologies Announces Q2 2010 Results
29 July 2010 - Allegheny Technologies Inc. reported net income for the second quarter 2010 of $36.4 million, or $0.36 per share, on sales of $1.05 billion. This compares favorably to last year’s Q2 net loss, including special charges, of $13.4 million, or $0.14 per share, on sales of $710.0 million.
Siemens Receives Order from ATI for Integrated Hot-Rolling Mill
28 July 2010 - Allegheny Technologies Inc. awarded a contract to Siemens VAI Metals Technologies GmbH to design, engineer, and supply a complete integrated hot-rolling mill on a process turn-key basis. The new mill will be part of a new advanced specialty metals hot-rolling and processing facility, and will be built at ATI Allegheny Ludlum in Brackenridge, Pa.
ATI Selects Siemens VAI for New Advanced Integrated Hot-Rolling Mill
22 June 2010 - Allegheny Technologies Inc. has selected Siemens VAI Metals Technologies to design, engineer, and supply the hot-rolling mill for ATI Allegheny Ludlum’s Brackenridge, Pa., new advanced specialty metals hot-rolling and processing facility, which is expected to be completed in about four years.
ATI Announces President for ATI Metalworking; New Surcharge for Grain Oriented Steels
21 June 2010 - Allegheny Technologies Inc. recently named Robert S. Wetherbee as Business Unit President of ATI Metalworking Products. The company also announced the addition of a $469 per ton ($23.45/cwt) surcharge for grain oriented steels for shipments beginning August 1, 2010.
Agreement Reached with Allegheny Ludlum on Clean Air Violations
18 May 2010 - The U.S. EPA, Allegheny County Health Department, and U.S. Department of Justice have reached a settlement agreement with Allegheny Ludlum Corp. for alleged Clean Air Act violations at its Natrona silicon steel production plant in Allegheny County, Pa.
ATI Allegheny Ludlum to Increase Stainless Prices
30 April 2010 - ATI Allegheny Ludlum is increasing base sales prices for cold-rolled and hot-rolled stainless sheet and strip products by approximately 6% effective with shipments beginning May 31, 2010.
Allegheny Technologies Reports 1st Quarter 2010 Results
29 April 2010 - Allegheny Technologies reported net income of $18.2 million on sales of $899.4 million for the first quarter of 2010.
