{"id":11935,"date":"2018-03-23T14:34:48","date_gmt":"2018-03-23T14:34:48","guid":{"rendered":"https:\/\/staging.asminternational.org\/hts3-new\/ati-to-invest-95-million-to-expand-isothermal-forging-heat-treating-of-nickel-base-parts\/"},"modified":"2023-02-23T22:49:31","modified_gmt":"2023-02-23T22:49:31","slug":"ati-to-invest-95-million-to-expand-isothermal-forging-heat-treating-of-nickel-base-parts","status":"publish","type":"post","link":"https:\/\/www.asminternational.org\/ims-new\/results\/-\/journal_content\/56\/10192\/33339721\/NEWS\/","title":{"rendered":"ATI to invest $95 million to expand isothermal forging, heat treating of nickel-base parts"},"content":{"rendered":"<p><span><span><span><span>Allegheny Technologies 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. It will be located at the company&#8217;s isothermal forging center of excellence in Cudahy, Wisconsin, along with the associated heat-treating expansion. The project will take approximately three years to complete and fully qualify for aerospace-related production.<\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span>\u201cWe continue to invest in our advanced forging capabilities in support of our aerospace customers\u2019 ramp-up of next-generation jet engine production,\u201d says Rich Harshman, ATI\u2019s Chairman, President, and CEO. \u201cOnce 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 <\/span><\/span><\/span><\/span><\/p>\n<p><span><span><span><span>\u201cThis investment, along with our recent nickel-base superalloy powder expansion 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 says John Sims, Executive Vice President, HPMC Segment. <\/span><\/span><\/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>Allegheny Technologies 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-11935","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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