ATI Announces Sale of Titanium Investment Castings Business
ATI Inc. (ATI)
Last ati inc. earnings: 2/4 07:30 am
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US:NYSE Investor Relations:
ir.atimetals.com
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Source: Business Wire
Strategic Portfolio Optimization Action Will Drive Improved Financial Results PITTSBURGH--(BUSINESS WIRE)-- Allegheny Technologies Incorporated (NYSE: ATI) today announced it has reached a definitive agreement to sell its Cast Products business to Consolidated Precision Products Corp. (CPP) of Cleveland, OH. CPP operates 16 global facilities manufacturing products primarily for the aerospace, defense and industrial industries and is a portfolio company of Warburg Pincus, a leading global private equity firm. The transaction, subject to customary regulatory approvals, is expected to close in the early part of the third quarter 2019. The ATI Cast Products business unit is part of the High Performance Materials & Components (HPMC) segment. It produces titanium investment castings that are primarily used by aerospace & defense OEMs in the production of commercial jet airframes and engines. A post-cas
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ATI
News
- ATI Inc. (NYSE: ATI) had its price target raised by analysts at KeyCorp from $56.00 to $58.00. They now have an "overweight" rating on the stock.MarketBeat
- ATI Announces Completion of Vandergrift Operations Expansion [Yahoo! Finance]Yahoo! Finance
- ATI Celebrates Completion of Most Advanced Materials Finishing Operations [Yahoo! Finance]Yahoo! Finance
- ATI Celebrates Completion of Most Advanced Materials Finishing OperationsPR Newswire
- ATI Inc. (NYSE: ATI) is now covered by analysts at Deutsche Bank Aktiengesellschaft. They set a "buy" rating and a $70.00 price target on the stock.MarketBeat
ATI
Earnings
- 2/1/24 - Beat
ATI
Sec Filings
- 4/15/24 - Form 144
- 4/12/24 - Form 144
- 3/28/24 - Form ARS
- ATI's page on the SEC website