ATI announces Richland, Washington as site of titanium melt expansion

ATI Inc. announced its Richland, Washington operations as the location of its previously announced titanium melting expansion through investment in new, state-of-the-art assets. The expansion will increase ATI's production of aerospace and defense-grade titanium by approximately 35% over the 2022 baseline levels, helping to meet strong titanium demand. The expansion is projected to be online by the end of 2024, with product qualifications occurring in 2025.

"We're essentially doubling the capacity of this operation and upgrading its capabilities to deliver the high-quality premium materials our customers value," said Kim Fields, ATI president and chief operating officer. "This new capacity will have extraordinary chemistry control, process flexibility, and enable optimization of input materials," said Fields.

The new capacity will supply aero-engine, airframe, and defense customers, including those served by ATI's recently announced $1.2 billion in long-term commitments.

"Twenty-five years after the Richland facility was first commissioned, it's exciting to expand our presence there," said Board Chair and Chief Executive Officer Bob Wetherbee. "We appreciate the region's strong support and are honored to be the city of Richland's first recipient of the Manufacturing Property Tax Exemption."

In keeping with ATI's commitment to sustainable operations, the facility will be powered primarily by hydroelectricity. The investment is included in the company's existing capital expenditure guidance.