- The Brackenridge, PA specialty melt shop is now producing at a rate of more than 80% of normal output, which is in line with the current soft demand.
- Most coil finishing operations are running 24-hour operations.
- The Washington, PA specialty plate facility has produced its entire range of specialty alloy grades.
"We did not want a work stoppage - and did everything possible to avoid it - but it is enabling us to identify new ways to safely optimize operations, increase our hands-on knowledge of the equipment and processes, and improve our productivity and efficiency," said Bob Wetherbee, Executive Vice President, ATI Flat Rolled Products Group. "We are discovering best practices that will be shared across all FRP facilities to improve our operations and strengthen our competitive position."This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on management's current expectations and include known and unknown risks, uncertainties and other factors, many of which we are unable to predict or control, that may cause our actual results, performance or achievements to materially differ from those expressed or implied in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in our filings with the Securities and Exchange Commission. We assume no duty to update our forward-looking statements. Creating Value Thru Relentless Innovation® Allegheny Technologies Incorporated is one of the largest and most diversified specialty materials and components producers in the world with revenues of approximately $4.3 billion for the twelve months ended June 30, 2015. ATI has approximately 9,600 full-time employees world-wide who use innovative technologies to offer global markets a wide range of specialty materials solutions. Our major markets are aerospace and defense, oil and gas/chemical process industry, electrical energy, medical, automotive, food equipment and appliance, and construction and mining. The ATI website is www.ATImetals.com.