ATI Acquires Hanard Machine
Allegheny Technologies Inc. (ATI) acquired Hanard Machine. Based in Salem, Ore., Hanard performs precision machining on parts and components made from titanium alloys, nickel-based alloys and superalloys, aluminum, specialty steel, and other ferrous and nonferrous metals. Hanard’s major markets are aerospace, defense, and oil and gas. The business will operate as ATI Cast Products, Salem Operations, and be a part of ATI’s titanium investment casting business, which is located in Albany, Ore. The acquisition integrates ATI in the production of titanium investment castings from titanium sponge to precision-machined finished parts.