{"id":10502,"date":"2018-05-07T08:10:05","date_gmt":"2018-05-07T08:10:05","guid":{"rendered":"https:\/\/staging.asminternational.org\/hts-new\/ati-to-invest-95-million-to-expand-isothermal-forging-and-heat-treating-center-in-cudahy\/"},"modified":"2023-02-23T22:39:36","modified_gmt":"2023-02-23T22:39:36","slug":"ati-to-invest-95-million-to-expand-isothermal-forging-and-heat-treating-center-in-cudahy","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/hts\/ati-to-invest-95-million-to-expand-isothermal-forging-and-heat-treating-center-in-cudahy\/","title":{"rendered":"ATI to invest $95 million to expand isothermal forging and heat treating center in Cudahy"},"content":{"rendered":"<p><span>ATI Metals Inc., Pittsburgh, announces that its board of directors has approved an investment to expand its isothermal forging and heat treating capacities to satisfy growing demand from the aerospace jet engine market. This self-funded, multi-year expansion of approximately $95 million represents ATI\u2019s fourth isothermal press which, along with the associated heat treating expansion, will be located at the company&#8217;s iso-thermal forging center of excellence in Cudahy, Wisconsin. The investment will take approximately three years to complete and fully qualify for aerospace-related production.<\/span><\/p>\n<p><span>\u201cWe continue to invest in our advanced forging capabilities in support of our aerospace customer\u2019s ramp-up of next generation jet engine production. Once completed and fully qualified, this critical growth project will enable us to meet the increasing production requirements for existing long-term agreements with our engine OEM partners,\u201d said Rich Harshman, ATI\u2019s Chairman, President and CEO. \u201cIsothermal is the most technologically advanced forging method available today and ATI\u2019s ongoing leadership in this area is further solidified by this significant investment.\u201d<\/span><\/p>\n<p><span>\u201cThis investment, along with our recent nickel-based superalloy powder e<span>xpansion in Monroe, North Carolina, will enable the High Performance Materials and Components (HPMC) segment to meet its longer-term financial goals by increasing our capacity to produce technologically advanced powder-to-isothermally-forged jet engine components,\u201d said John Sims, Executive Vice President, HPMC Segment.&nbsp;<\/span><\/span><\/p>\n<p><span><span><a href=\"http:\/\/www.atimetals.com\">www.atimetals.com<\/a><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ATI Metals Inc., Pittsburgh, announces that its board of directors has approved an investment to expand its isothermal forging and heat treating capacities to satisfy growing demand from the aerospace jet engine market.<\/p>\n","protected":false},"author":63103,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[444,440,441,1],"tags":[],"class_list":["post-10502","post","type-post","status-publish","format-standard","hentry","category-aerospace-and-defense","category-news","category-news-articles","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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