{"id":9281,"date":"2014-06-17T17:52:20","date_gmt":"2014-06-17T17:52:20","guid":{"rendered":"https:\/\/staging.asminternational.org\/hts-new\/results\/-\/journal_content\/56\/10192\/19550779\/NEWS\/"},"modified":"2023-02-07T04:49:57","modified_gmt":"2023-02-07T04:49:57","slug":"ati-acquires-hanard-machine-for-its-precision-machining-of-aerospace-alloys","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/hts\/ati-acquires-hanard-machine-for-its-precision-machining-of-aerospace-alloys\/","title":{"rendered":"ATI acquires Hanard Machine for its precision machining of aerospace alloys"},"content":{"rendered":"<p>\n\tAllegheny Technologies Inc., Pittsburgh, Pa., has acquired Hanard Machine Inc., Salem, Ore., which specializes in precision machining of parts and components made of titanium, nickel-base alloys, superalloys, aluminum, and specialty steels.&nbsp; The business will operate as ATI Cast Products, Salem Operations, and will be a part of ATI&#8217;s titanium investment casting business, which is located in Albany, Ore., approximately 40 miles south of Hanard&#8217;s location.<\/p>\n<p>\n\t&#8220;The acquisition of Hanard Machine is consistent with our strategy to create value for our customers and stockholders by expanding our capabilities to produce finished specialty materials parts and components,&#8221; said Rich Harshman, ATI&#8217;s Chairman, President and Chief Executive Officer. &#8220;With this acquisition, ATI is now integrated in the production of titanium investment castings from titanium sponge to precision machined finished parts.<\/p>\n<p>\n\t&#8220;The acquisition reinforces ATI&#8217;s important aerospace supply chain role. Our strategic investments, acquisitions, and new product development provide the capacity and unique capability to produce the alloys, parts, and components that enable the next-generation airframe and jet engines.&#8221;<\/p>\n<p>\n\t<a href=\"http:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ATImetals.com&amp;esheet=50885934&amp;newsitemid=20140613005279&amp;lan=en-US&amp;anchor=www.ATImetals.com&amp;index=1&amp;md5=6ecec37b4ed3709816059743a292cb5f\" target=\"_blank\" rel=\"noopener\">www.ATImetals.com<\/a>.<\/p>\n<p>\n\t&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Allegheny Technologies Inc., Pittsburgh, Pa., has acquired Hanard Machine Inc., Salem, Ore., which specializes in precision machining of parts and components made of titanium, nickel-base alloys, superalloys, aluminum, and specialty steels.<\/p>\n","protected":false},"author":63082,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[444,439,440,441,1],"tags":[],"class_list":["post-9281","post","type-post","status-publish","format-standard","hentry","category-aerospace-and-defense","category-general","category-news","category-news-articles","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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