Allegheny Technologies Incorporated (ATI) is expanding its nickel-based superalloy powder capabilities to meet growing demand from the additive manufacturing (AM) industry, particularly for 3D printed parts used in the aerospace, medical, electrical energy, and oil and gas markets.
The self-funded expansion is projected to cost approximately US$70 million and take two years to complete and will be located at the ATI Specialty Materials business unit’s operations near Monroe, North Carolina.
‘This strategic growth project will strengthen ATI’s position in the production of technically demanding superalloy powders used to produce advanced mill products and forgings, primarily for next-generation jet engines,’ said Rich Harshman, ATI’s Chairman, President and CEO. ‘A significant portion of the powders to be produced from this expansion are needed to meet requirements of existing long-term agreements with jet engine OEMs that run well into the next decade. The expansion also better positions ATI to continue as a leading innovator supplying advanced powders to the new and rapidly growing AM industry.’
This story is reprinted from material from ATI, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.