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(AMM) ATI shutters melt shop in consolidation move
September 01, 2010 - 22:44 GMT
Location:
PITTSBURGH
KEYWORDS:
ATI
,
Allegheny Technologies
,
melt shop
,
Brackenridge Natrona
,
silicon steel
Allegheny Technologies Inc. (ATI) has shut down a melt shop within its Allegheny Ludlum operations as part of the upgrade and consolidation of its Western Pennsylvania facilities.
Allegheny Ludlum had been melting silicon steel, used to produce ATI's grain-oriented electrical steel, at its Natrona, Pa., plant northeast of Pittsburgh. It has consolidated that activity into its Brackenridge, Pa., plant, located just down the street. The Brackenridge plant recently underwent a major upgrade.
A company representative said the move will not impact customers and is a positive step.
"We are not limited by melting," Dan Greenfield, Allegheny's director of investor relations and corporate communications, said. "This is a significantly upgraded melt shop in Brackenridge. The next step is the hot mill."
Greenfield added...
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Euromoney Institutional Investor PLC.
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