ATI Expands Advanced Machining and Inspection Capability
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SELL (= Flat)
Dividend Yield: 1.8%
EPS Growth %: +37.8%
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Adds downstream aerospace manufacturing to support next-generation engine demand
Fully operational, the state-of-the-art facility in
"This investment strengthens a critical part of the aerospace value stream," said
Providing access to a highly skilled aerospace workforce, the new operation strengthens ATI's integrated aerospace manufacturing network and supports the company's long-term strategy of expanding differentiated capabilities in high-growth aerospace and defense markets. The investment is included in ATI's existing capital expenditure guidance.
ATI: Proven to Perform
ATI (NYSE: ATI) is a global producer of high-performance materials and solutions for the aerospace & defense markets, and specialty energy. We're solving the world's most difficult challenges through materials science. We partner with our customers to deliver extraordinary materials that enable their greatest achievements: their products fly higher and faster, burn hotter, dive deeper, stand stronger and last longer. Our proprietary process technologies, unique customer partnerships and commitment to innovation deliver materials and solutions for today and the evermore challenging environments of tomorrow. We are proven to perform anywhere. ATImaterials.com.
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