Allegheny Technologies Expanding Titanium, Specialty Plate Facility

Allegheny Technologies said Wednesday it will expand its titanium and specialty plate facility located in Washington, PA.

ATI is planning a $60 million expansion which should be complete by the second quarter of 2008. The project will help meet growing demand from the aerospace and defense, chemical process industry, oil and gas, and electrical energy markets.

“Expanding our titanium and specialty plate capabilities balances our production flow with our previously announced titanium sponge, titanium melt, and nickel-based alloy melt growth projects,” said Patrick Hassey, Chairman, President and Chief Executive Officer of ATI. “The expected return on this self-funded growth investment is very attractive.”

The expansion project will include increasing reheat furnace, annealing, and flattening capacity at ATI’s existing plate mill, as well as increasing plate size capabilities.