Allegheny to acquire

Allegheny Technologies Inc., whose products include titanium and titanium alloys, nickel-based alloys and super-alloys grain oriented electrical steel, stainless and speciality steels, zirconium, hafnium, niobium, tungsten materials and forgings and castings, has announced that it expects to purchase the assets of Crucible Compaction Metals and Crucible Research for USD 40.95 million as a result of an auction held on 21 September 2009, as part of a US bankruptcy court proceeding. This transaction is expected to close no later than 31 October 2009.
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