ATI and Tsingshan form 50-50 joint venture for stainless sheet production

Allegheny Technologies Incorporated (ATI) and an affiliate of Tsingshan Group formed a 50-50 joint venture to produce 60-inch wide stainless sheet products for the North American market. The JV will create approximately 100 manufacturing jobs in Western Pennsylvania.

“We are pleased that we received all required regulatory and anti-trust clearances in a timely manner and are excited about the long-term opportunities for profitable growth that this JV represents for ATI.”ir.atimaterials.com

• 1 source
• ir.atimaterials.comATI | ATI and Tsingshan Announce Formation of Joint VentureMar 1, 2018

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