ATI announces Richland, Washington as site of titanium melt expansion
DALLAS, July 19, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced its Richland, Washington operations as the location of its previously announced titanium melting expansion through investment in new, state-of-the-art assets. The expansion will increase ATI's production of aerospace and defense-grade titanium by approximately 35% over the 2022 baseline levels, helping to meet strong titanium demand. The expansion is projected to be online by the end of 2024, with product qualifications occurring in 2025.
- DALLAS, July 19, 2023 /PRNewswire/ -- ATI Inc. (NYSE: ATI) announced its Richland, Washington operations as the location of its previously announced titanium melting expansion through investment in new, state-of-the-art assets.
- The expansion will increase ATI's production of aerospace and defense-grade titanium by approximately 35% over the 2022 baseline levels, helping to meet strong titanium demand.
- The expansion is projected to be online by the end of 2024, with product qualifications occurring in 2025.
- "We're essentially doubling the capacity of this operation and upgrading its capabilities to deliver the high-quality premium materials our customers value," said Kim Fields, ATI president and chief operating officer.