ATI to expand

Titanium CatalogSteel maker Allegheny Technologies Inc. (ATI) said it plans to spend USD 215 million over three years to expand its steel processing capabilities to meet growing demand from the aerospace, defence and other industries. Allegheny said it will expand its titanium and nickel-based alloy capabilities at plants in the Carolinas. The company uses titanium to make strong, lightweight steels used in jet engines and other aircraft components, while nickel is used to make stainless steel. The project is slated for completion in 2009.
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