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Stock impact report

ATI Celebrates Commissioning of New Press Critical to Titanium Production [Yahoo! Finance]

ATI Inc. (ATI) 
Last ati inc. earnings: 2/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.atimetals.com
Company Research Source: Yahoo! Finance
BAKERS, N.C. March 19, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) celebrated the commissioning of its state-of-the-art 12,500-ton billet forging press critical to production of titanium for aerospace and defense. The Bakers South II press, known as BSOII, came online in Q1-2024 to match ATI's increased titanium melt capacity, delivering increased capability for the manufacture of high-performance, challenging-to-make novel alloys. "Nearly six decades after establishing our operations here, we are excited to continue to expand our capabilities in Bakers, North Carolina ," said Kim Fields , ATI President and Chief Operating Officer. "BSOII delivers 25% greater tonnage than our legacy press, at the closest possible tolerances. With precision and speed, we're meeting the demanding technical requirements for latest-generation cast materials critical to high-temperature jet engines." After a ribbon-cutting ceremony with some of the over 1,500 ATI employees who work in North Carolina , U Show less Read more
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