ALLEGHENY TECHNOLOGIES INC Overview
COMPANY OVERVIEW
Company Headquarters: Pennsylvania, US
Founded: 1996
Workforce: 8,800
Company Working: Allegheny Technologies Inc (ATI) is a global manufacturer of specialty materials and complex components. The company operates its business through two business segments, i.e., high-performance materials & components (HPMC) and flatrolled products (FRP). Under the HPMC segment, ATI offers high-performance materials, nickel-based alloys and superalloys, in long product forms such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, plus precision forgings and castings, and machined parts for end markets as aerospace and defence, oil and gas, chemical, electrical and medical industries. The FRP segment produces and distributes several forms of superalloys including plate, sheet, engineered strip, and precision rolled strip products. The company has manufacturing facilities located in the US, the UK, Poland, and China, along with sales presence across the US, China, Singapore, Japan, South Korea, Taiwan, India, France, Italy, Germany, Norway, Spain, UK, South Africa, and the Middle Eastern countries.
Strategy
ATI is focusing on vertical integration of the supply chain to increase its profit margin and customer reach. Furthermore, under its HPMC segment, ATI is investing in product development and innovations particularly for jet engine applications to establish its market position in the cutting-edge competitive environment. Moreover, the company is adopting organic as well as inorganic growth strategies such as acquisitions, mergers, product innovation, and capacity expansion to gain a maximum share of the global market.
