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ATI Inc

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ATI Inc - Chemicals & Materials showcase

Year Founded & Workforce

1996

6,700 Employees

Industry

Chemicals & Materials

Services

Automotive Motor
A

ATI Inc Employee Contacts

14 verified contactsNames, job titles, seniority and locations

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ATI Inc Overview

Company Headquarters: US

Founded: 1996

Workforce: ~6,700

Company Working: ATI Inc. is an integrated specialty materials and components company. The Company operates through two segments: High-Performance Materials & Components (HPMC) segment and Advanced Alloys & Solutions (AA&S) segment. Its HPMC segment produces a range of high-performance materials, including titanium and titanium-based alloys, nickel- and cobalt-based and other specialty materials, in long product forms such as ingot, billet, bar, rod, wire, shapes and rectangles, and seamless tubes, plus precision forgings, components, and machined parts. Its HPMC segment products are used in aerospace and defense, medical, and energy markets. The Company’s AA&S segment produces zirconium and related alloys, including hafnium and niobium, nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in a variety of forms including plate, sheet, and flat products. Its AA&S products are used in energy, aerospace and defense, automotive, and electronics markets.

Strategy

ATI's strategy for the metal forging market is focused on optimizing its operations, expanding its capabilities, and delivering high-quality products to meet customer demands. ATI aims to streamline its portfolio by divesting non-core assets, as demonstrated by the sale of two non-core forging facilities. This allows the company to focus on its core competencies and allocate resources more efficiently. ATI maintains strong relationships with its customers, understanding their specific requirements and providing tailored solutions. By collaborating closely with customers, ATI can anticipate market trends, develop customized products, and deliver exceptional service.

Company Snapshot

$4,120M

Revenue

6,700

Employees

1996

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Focus on R&D
  • Manufacturing Capabilities
  • Operating Performance

Weaknesses

  • Increasing Trade Receivables

Opportunities

  • Growing Production of Nickel
  • Growth Initiatives
  • Recovery of Global Steel Demand

Threats

  • Intense Competition
  • Dependence on Third Parties for Critical Raw Materials

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Key Developments

DateApproachDevelopment
June 2019AgreementAllegheny Technologies Incorporated has entered into an agreement to sell two of its non-core forging facilities to Wynnchurch Capital, LLC for a cash amount of $37 million. Wynnchurch Capital, LLC, a reputable private equity investment firm based in Chicago, IL, focuses on investing in middle-market companies in the United States and Canada with significant growth and operational improvement prospects. The transaction is expected to be completed in the second quarter of 2019.

Product Offering

  • ATI Inc
    • Automotive Motor

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 4.1 Mn in 2019 to USD 3.8 Mn in 2022.
ATI Inc — By Business Segment
Series (USD Mn)2019202020212022
Sales4.132.83.8

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