Dec. 23, 2015

Allegheny Technologies to Idle Facilities

Allegheny Technologies, Inc., Pittsburgh, will idle several of its facilities due to the challenging business conditions in commodity products. The company is also analyzing additional assets in its flat-rolled products segment.

Current plans include the idling of its standard melt shop and sheet finishing operations in Midland, Pa., by January and its grain-oriented electrical steel operations in Bagdad, Pa., by April.

The restart of the Midland and GOES operations will depend on future business conditions and ATI’s ability to earn an acceptable return on invested capital at these operations, the company says.



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Monday, December 18, 2017