ATI Celebrates Commissioning of New Press Critical to Titanium Production

Rhea-AI Summary

ATI Inc. (NYSE: ATI) celebrates the commissioning of a state-of-the-art 12,500-ton billet forging press in Bakers, North Carolina, enhancing titanium production for aerospace and defense. The new press increases capacity by 25% and allows for manufacturing high-performance alloys for jet engines.

Senator Ted Budd commemorated event at ATI in Bakers, North Carolina

BAKERS, N.C., March 19, 2024 /PRNewswire/ -- ATI Inc. (NYSE: ATI) celebrated the commissioning of its state-of-the-art 12,500-ton billet forging press critical to production of titanium for aerospace and defense. The Bakers South II press, known as BSOII, came online in Q1-2024 to match ATI's increased titanium melt capacity, delivering increased capability for the manufacture of high-performance, challenging-to-make novel alloys.

"Nearly six decades after establishing our operations here, we are excited to continue to expand our capabilities in Bakers, North Carolina," said Kim Fields, ATI President and Chief Operating Officer. "BSOII delivers 25% greater tonnage than our legacy press, at the closest possible tolerances. With precision and speed, we're meeting the demanding technical requirements for latest-generation cast materials critical to high-temperature jet engines."

After a ribbon-cutting ceremony with some of the over 1,500 ATI employees who work in North Carolina, U.S. Senator Ted Budd (NC) witnessed the powerful press in action. "Part of what makes our nation strong is having a strong national defense," said Senator Budd. "It's having strong providers and suppliers – companies like ATI – in that supply chain. Thanks to ATI for keeping our supply chain strong."

ATI: Proven to Perform

ATI (NYSE: ATI) is a global producer of high-performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical and specialty energy. We're solving the world's most difficult challenges through materials science. We partner with our customers to deliver extraordinary materials that enable their greatest achievements: their products fly higher and faster, burn hotter, dive deeper, stand stronger and last longer. Our proprietary process technologies, unique customer partnerships and commitment to innovation deliver materials and solutions for today and the evermore challenging environments of tomorrow.  We are proven to perform anywhere.  Learn more at ATImaterials.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ati-celebrates-commissioning-of-new-press-critical-to-titanium-production-302093484.html

SOURCE ATI

FAQ

What event did Senator Ted Budd commemorate at ATI in Bakers, North Carolina?

Senator Ted Budd commemorated the commissioning of a state-of-the-art 12,500-ton billet forging press at ATI in Bakers, North Carolina.

What is the name of the new press commissioned by ATI in Bakers, North Carolina?

The new press commissioned by ATI in Bakers, North Carolina is known as Bakers South II press, or BSOII.

What is the increased tonnage capacity of the new press compared to the legacy press?

The new press has a 25% greater tonnage capacity than the legacy press.

What type of materials is ATI known for producing?

ATI is a global producer of high-performance materials for aerospace, defense, electronics, medical, and specialty energy applications.

What does ATI specialize in solving through materials science?

ATI specializes in solving the world's most difficult challenges through materials science.