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Slide #56. Allegheny Technologies Incorporated — Dynamic Flowform
Acquirer:
Allegheny Technologies Incorporated (NYSE:ATI)
Acquiree:
Dynamic Flowform
Details:
Allegheny Technologies Incorporated (NYSE:ATI) announced today that it has acquired Dynamic Flowform Corp. ("Dynamic Flowform"). Located in Billerica, MA, Dynamic Flowform uses a precision flowforming process to produce thin-walled components in net or near-net shapes across multiple alloy systems, including nickel-based alloys and superalloys, titanium and titanium alloys, zirconium alloys, and specialty and stainless alloys. Dynamic Flowform's major markets are Aerospace and Defense, and Oil and Gas/Chemical Process Industry.
ATI is engaged in manufacturing differentiated products that require its materials science capabilities and process technologies. Co. operates in two segments: High Performance Materials and Components, which produces a range of specialty materials, parts and components, that are manufactured from a range of materials including metallic powder alloys, made from nickel-based alloys and superalloys, titanium and titanium-based alloys, and a variety of other specialty materials; and Advanced Alloys and Solutions, which produces nickel-based alloys, titanium and titanium-based alloys, and specialty alloys in a variety of forms including plate, sheet, and Precision Rolled Strip® products.
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