Allegheny Tech completes Ladish Merger

Allegheny Technologies Inc. has completed its acquisition of Ladish Co. Inc., a USD 883 million cash and common stock purchase. The Milwaukee-based company is now an operating unit of ATI’s High Performance Metals division, which includes superalloy and titanium metal producer ATI Allvac and refractory/reactive metals producer ATI Wah Chang. ATI Ladish will primarily be a forging organization with operations in Cudahy, WI (Ladish Forging), Irvine, CA (Chen-Tech Industries), and Stalowa Wola, Poland (ZKM Forging.) Other operations include Diecast Tooling in Racine, WI; Stowe Machining and Aerex Machining, both in Windsor, CT; Valley Machining in LaCrosse, WI; and Pacific Cast Technologies in Albany, OR. This merger adds to the companies’ involvement in providing materials and components to aerospace, defense, and industrial industries as they will be able to produce high-technology, finished components in specialty metals and materials.

Previous articleSumitomo reduces summertime hours
Next articleEcopetrol gives green light for refinery project
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.