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ATI to expand Aerospace Iso-Thermal forging capacity- The 19th China（Guangzhou）Int’l Sheet metal machinery,Forging, Stamping and Setting Equipment Exhibition
3/30/2018 钣金展-Sheetmetal machinery, Forging, Stamping expo |
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Allegheny Technologies Incorporated announced that its board of directors has approved an investment to expand its iso thermal forging and heat treating capacities to satisfy growing demand from the aerospace jet engine market. This self-funded, multi-year expansion of approximately USD 95 million represents ATI’s fourth iso-thermal press which, along with the associated heat treating expansion, will be located at the company''s iso thermal forging center of excellence in Cudahy, WI. The investment will take approximately 3 years to complete and fully qualify for aerospace-related production.
Mr Rich Harshman, ATI’s Chairman, President and CEO said that “We continue to invest in our advanced forging capabilities in support of our aerospace customer’s 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. Iso-thermal is the most technologically advanced forging method available today and ATI’s ongoing leadership in this area is further solidified by this significant investment.”
Mr John Sims, Executive Vice President HPMC Segment said that “This investment, along with our recent nickel-based superalloy powder expansion in Monroe, NC, 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-iso-thermally-forged jet engine components.. We are excited to add this capacity to our existing iso-thermal forging center of excellence in Cudahy, WI and to deepen our commitment to the State of Wisconsin and to our local workforce.”
中国最大钣金展-锻压展-2018第十九届广州国际钣金、锻压工业展览会-巨浪展览
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The 19th China（Guangzhou）Int’l
Sheet metal machinery,Forging, Stamping and Setting Equipment Exhibition
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