Pittsburgh-based Allegheny Technologies Incorporated announced a $95 million investment to expand its iso-thermal forging and heat treating capacities to satisfy the growing demand from the aerospace jet engine market. The investment in its forging center in Cudahy, Wisconsin will take approximately three years to complete and fully qualify for aerospace-related production.
“This investment, along with our recent nickel-based super alloy powder expansion in Monroe, NC, will enable the High Performance Materials and Components (HPMC) segment to meet its longer-term financial goals by increasing our capacity to produce technologically advanced jet engine components,” said John Sims, Executive Vice President, HPMC Segment.