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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
Allegheny Technologies Reports Third Quarter Results
23 October 2008 - Allegheny Technologies Inc. reported net income of $144.1 million on sales of $1.39 billion for the third quarter, and net income of $455.0 million on sales of $4.20 billion for the nine months ended September 30, 2008.
U.S. Army Stryker Combat Vehicles to Use New ATI Armor Steel
07 October 2008 - Allegheny Technologies’ next-generation ATI 500-MIL armor steel is selected for an armored situational awareness kit on the U.S. Army’s Stryker Light Armored Vehicles.
Allegheny Technologies Announces Operating Management Changes
03 October 2008 - Allegheny Technologies announces several executive-level changes to its organization, changes the company says are designed to simplify and streamline the reporting relationships and leadership of ATI’s key manufacturing operations.
Allegheny Technologies Announces Strategic Investment Program
18 September 2008 - Allegheny Technologies announces a new $1.16-billion, four-year strategic investment in its Flat-Rolled Products segment that has been approved by the company’s Board of Directors, but is subject to satisfactory resolution of several open issues.
Allegheny Technologies Comments on Share Repurchases
17 September 2008 - Allegheny Technologies Chairman, President and CEO reports on the company’s purchase of shares in the third quarter through ATI’s share repurchase program.
Allegheny Technologies Reports 2nd Quarter Results
24 July 2008 - Allegheny Technologies reports net income of $168.9 million on sales of $1.46 billion for the second quarter, and net income of $310.9 million on sales of $2.80 billion for the first six months of 2008.
Allegheny Technologies Raises 2nd Quarter Expectations
15 July 2008 - Allegheny Technologies raises its earning expectations for the second quarter of 2008 into the range of $1.65 to $1.67 per share, including a $0.11 per share one-time net tax benefit.
Carpenter Technology Files Complaint against Allegheny Technologies
24 June 2008 - Carpenter Technology files lawsuit against Allegheny Technologies alleging that two U.S. patents obtained by the company are not valid.
Allegheny Technologies Unveils New Specialty Armor Steel
17 June 2008 - Allegheny Technologies is introducing a new, high-hard steel armor to the defense market, the first such steel to be developed in America since the Vietnam conflict, according to the company.
AK Steel, Allegheny Ludlum Announce July 2008 Surcharges
04 June 2008 - AK Steel and Allegheny Ludlum announce surcharges for electrical steel products shipped in July 2008.
Allegheny Technologies Reports 1st Quarter Results
24 April 2008 - Allegheny Technologies Inc. reported net income of $142.0 million on sales of $1.34 billion for the first quarter of 2008
Nucor Named One of BusinessWeek’s 50 Top Performing Companies
03 April 2008 - Nucor is again named to the BusinessWeek 50, the annual list that ranks top-performing companies based on the rate of return on investment and sales growth over a three-year period.
Allegheny Technologies Reports 4th Quarter Results
24 January 2008 - Allegheny Technologies reports net income of $148.9 million on sales of $1.27 billion for the fourth quarter, and net income of $747.1 million on sales of $5.45 billion for the full year 2007.
Allegheny Technologies Elects New Director
07 December 2007 - Allegheny Technologies announces the election of J. Brett Harvey, President and CEO of Consol Energy, to the company’s Board of Directors.
ATI Alloy Featured on World’s Largest Stainless Roof
08 November 2007 - A proprietary Allegheny Technologies alloy is being used for the largest stainless roof in the world, on the New Doha International Airport in Qatar.
ATI Board Approves Share Repurchase, Voluntary Pension Contribution
05 November 2007 - ATI Board approves a $500-million share repurchase program, and a nearly 40% increase in ATI’s quarterly dividend, and a $100-million voluntary contribution to its U.S. defined benefit pension plan in the fourth quarter 2007.
Allegheny Technologies Reports 3rd Quarter Earnings
25 October 2007 - Allegheny Technologies reports net income of $193.9 million on sales of $1.33 billion for the third quarter, and net income of $598.2 million on sales of $4.18 billion for the first nine months of 2007.
Allegheny Technologies Updates Earnings Outlook
12 October 2007 - Allegheny Technologies expects to report full-year 2007 earnings per share in the range of $7.00 to $7.25 per diluted share, reflecting lower-than-expected second-half 2007 earnings.
Update on Allegheny Technologies Chief Executive
17 September 2007 - Allegheny Technologies Chairman, President and CEO L. Patrick Hassey is expected to resume his normal duties shortly following successful cardiac artery bypass surgery on Friday, Sep. 14.
Allegheny Technologies Reports 2nd Quarter Earnings
26 July 2007 - Allegheny Technologies Inc. reported net income of $206.5 million on sales of $1.47 billion for the second quarter, and net income of $404.3 million on sales of $2.84 billion for the six months ended June 30, 2007.
