Type: Public company; Traded as: NYSE: ATI, S&P 600 component; Founded: 1996; 27 years ago; Headquarters: Dallas, Texas, U.S.; Area served: Worldwide; Key people: Richard
J. Harshman (Chairman), Robert S. Wetherbee (President & CEO); Products: Titanium and titanium alloys, nickel-based alloys and superalloys, stainless and specialty steels, zirconium, hafnium, and niobium, tungsten materials, forgings and castings;
Revenue: US$3.84 billion (2022); Operating income: US$287 million (2022); Net income: US$131 million (2022); Total assets: US$4.45 billion (2022); Total equity: US$1.05 billion (2022); Number of employees: c. 6,700 (2022) History In 1939,
the merger of Allegheny Steel of Pittsburgh and Ludlum Steel of Watervliet, New York created Allegheny Ludlum Corporation; prior to the merger, the companies had manufactured steel for the Chrysler Building and Empire State Building in New
 The company then spun off several subsidiaries as independent public companies such as Teledyne Technologies and Water Pik Technologies in 1999, to concentrate on its
core business of metal and alloy production.
 In 1998, the company acquired certain assets of Lukens Washington Steel when it was sold to Bethlehem Steel.
 In 1987, Allegheny Ludlum became a public company via an initial public offering under chief executive Dick Simmons In 1993, the company acquired Jessop Steel.
ATI Inc. (previously Allegheny Technologies Incorporated) is an American producer of specialty materials, the company is headquartered in Dallas, Texas.
 ATI’s key markets are aerospace and defense particularly commercial jet engines (over 50% of sales), oil & gas, chemical process industry, electrical energy, and medical.
 In 2005, the company sold its World Minerals subsidiary to French company Imerys.
 In 2005, Allegheny Ludlum agreed to pay a $2,375,000 penalty to settle a lawsuit brought by the U.S. Department of Justice on behalf of the United States Environmental
Protection Agency in 1995, which alleged that the company had unlawfully discharged oil and other pollutants, such as chromium, zinc, copper, and nickel, into the Allegheny River and Kiskiminetas River in the suburbs of Pittsburgh.
 Allegheny Technologies debuted its ATI 425 Titanium Alloy on June 14, 2010, at the land and air-land defense and security exhibition Eurosatory in Paris, France.
Allegheny Steel had produced stainless steel brightwork for the Model A Ford starting in 1930 Through the 1970s, Allegheny Ludlum periodically cooperated with Ford to build
several one-off promotional cars with stainless steel bodies.
[‘”ATI Inc. 2022 Form 10-K Annual Report”. U.S. Securities and Exchange Commission. February 24, 2023.
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10. ^ Jump up to:a b c Boselovic,
Len (December 14, 1999). “Allegheny Tecnologies’s [sic] Simmons says ‘Sayonara'”. Pittsburgh Post-Gazette.
11. ^ “Allegheny Technologies Announces Management Changes” (Press release). Business Wire. January 16, 2009.
12. ^ Adams, Chris (January
29, 1998). “Bethlehem Steel Wins Lukens Bid And Agrees to Deal With Rival”. The Wall Street Journal.
13. ^ Somerville, Sean (January 29, 1998). “Beth Steel wins battle for Lukens 400 jobs will be lost as Sparrows Point plate mill is closed”. The
14. ^ “Allegheny Technologies to Acquire J&L Specialty Steel Assets” (Press release). Business Wire. February 17, 2004.
15. ^ “Alleghany Completes Sale of Industrial Minerals Business” (Press release). Business Wire. July 14, 2005.
“Allegheny Technologies Buys Ladish for $778 Million”. The New York Times. November 17, 2010.
17. ^ “Allegheny Technologies, Form 8-K, Current Report, Filing Date July 28, 2010” (PDF). secdatabase.com. July 28, 2010.
18. ^ Yerace, Tom (December
10, 2008). “Pollution around Highlands schools among worst in nation”. Pittsburgh Tribune-Review.
19. ^ “Allegheny Ludlum Corp. to Pay $2,375,000 Penalty for Clean Water Act Violations at Pittsburgh-area Plants” (Press release). United States Environmental
Protection Agency. February 1, 2005.
20. ^ Jump up to:a b “ATI Metals’s Sustainability Report for 2020Q4” (PDF). Archived from the original (PDF) on June 22, 2022. Alt URL
21. ^ “ATI Metals’s Sustainability Report for 2020Q4” (PDF). Archived
from the original (PDF) on June 22, 2022. Alt URL
22. ^ “ATI Metals’s Sustainability Report for 2020Q4” (PDF). Archived from the original (PDF) on June 22, 2022. Alt URL
Photo credit: https://www.flickr.com/photos/pavlinajane/9164924345/’]