What ATI Materials does

ATI Materials, legally Allegheny Technologies Incorporated (NYSE: ATI), is a Dallas-headquartered specialty metals manufacturer with approximately 9,600 employees and operations tracing back more than 150 years in Western Pennsylvania. The company produces a broad portfolio of high-performance materials organized into multiple business units: titanium and titanium alloys, nickel-based and cobalt-based superalloys, stainless and specialty steels, zirconium and related alloys, refractory metal alloys (niobium, hafnium, tantalum, tungsten, vanadium), grain-oriented electrical steel (GOES), and armor materials, supplied through wholly-owned divisions such as ATI Specialty Alloys and Components, ATI Specialty Rolled Products, ATI Forged Products, ATI Specialty Materials, ATI Cast Products, ATI Flowform Products, and ATI Powder Metals.

The company is vertically integrated from primary metals to application-ready components. Manufacturing capabilities span vacuum melting, rolling, forging, powder metallurgy, and large-format metal additive manufacturing, with key US assets including the $1.2 billion Hot Rolling and Processing Facility (HRPF) in Harrison, the Richland (Washington) titanium melt expansion, the Pageland (South Carolina) titanium alloy sheet facility commissioned in 2025, the Margate (Florida) Additive Manufacturing Products facility brought online in February 2025, the Vandergrift (Pennsylvania) advanced materials finishing operations, and the Cudahy (Wisconsin) forged products facility that produced parts for NASA's Artemis I spacecraft. Distribution is supported by regional sales offices across Asia (Shanghai, Tokyo, Seoul) and Europe (Germany, France, Italy, Spain, Poland, Scandinavia, plus the Brazil Central/South America office).

ATI generates revenue primarily through direct, enterprise-scale sales of specialty materials and components, with pricing conducted on a quote basis under long-term supply agreements rather than published price lists. The Aerospace and Defense vertical is the primary end market, anchored by multi-year titanium supply agreements with Boeing and Airbus, plus U.S. Navy/Naval Nuclear Propulsion work through Bechtel Plant Machinery Inc., NASA (Artemis I), and partnerships with Confluent Medical Technologies in medical Nitinol. Other served segments include energy (oil and gas, power generation), medical, automotive, electronics, construction and mining, and food processing. Effective May 1, 2025 the company's GICS code was reclassified to Aerospace and Defense, reflecting its strategic pivot toward high-growth A&D exposure. The company has publicly targeted revenue exceeding $5 billion and adjusted EBITDA of approximately $1 billion by 2027, with Q1 2026 sales of $1.15 billion and trailing-twelve-month revenue in the mid-$4 billion range.

Name

ATI Materials

Legal name

Allegheny Technologies Incorporated

Website

https://atimaterials.com

Company type

Public

Founded year

1960

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

ATI Materials (Allegheny Technologies Incorporated) is a publicly traded specialty metals producer of titanium alloys, nickel superalloys, stainless steel, zirconium, refractory alloys, and additively manufactured components serving Boeing, Airbus, the U.S. Navy, NASA, and medical/energy customers, with FY2025 revenue of approximately $4.6 billion.

Ownership category

akta.pro rank

Product category

Specialty Metals and Alloys Manufacturing

NAICS

Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, Extruding, and Alloying (33149), Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding (331491), Plate Work and Fabricated Structural Product Manufacturing (33231), Other Fabricated Metal Product Manufacturing (3329)

SIC

Primary Smelting & Refining Of Nonferrous Metals (3330), Miscellaneous Primary Metal Products (3390)

akta.pro primary industry

Aerospace Structural Metals & Alloys (Titanium, Aluminum, Nickel) (IMABANAL)

Keywords

• Titanium alloys production
• Specialty metals manufacturing
• Nickel superalloys supply
• Additive manufacturing services
• Aerospace materials supply

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices19 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Specialty Materials and Components Sales: Direct sale of specialty materials including titanium, nickel alloys, specialty steels, and related components to aerospace, defense, energy, and medical customers. Revenue is generated through product sales with long-term supply agreements.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

ATI Materials manufactures and sells high-performance specialty metals and components, including titanium and titanium alloys, nickel-based superalloys, stainless and specialty steels, grain-oriented electrical steel, zirconium and refractory metal alloys, armor materials, and medical-grade Nitinol. The company also operates large-format metal additive manufacturing, forging, rolling, and powder metallurgy capabilities, delivering application-ready components to aerospace, defense, energy, and medical OEMs under long-term supply agreements.

Product overview

ATI Materials is a specialty materials and components company that operates as a multi-platform portfolio of business units rather than a single unified product. The company's product offerings are organized into distinct business units: ATI Specialty Alloys and Components (specialty alloys and components), ATI Specialty Rolled Products (flat rolled products including Precision Rolled Strip), ATI Specialty Materials (powder metals, machined components, and additive manufacturing), ATI Forged Products (forgings), and ATI Flat Rolled Products. Core material products include titanium and titanium alloys, nickel-based alloys and superalloys, stainless and specialty steels, grain-oriented electrical steel, zirconium alloys, refractory metal alloys (niobium, hafnium, tantalum, tungsten, vanadium), armor materials, and Nitinol for medical applications. The company also provides near-net-shape products, machined components, and operates advanced additive manufacturing facilities. These products serve markets including aerospace, defense, energy (oil & gas, power generation), medical, automotive, construction, mining, and electronics.

Differentiator

Problem solved

Functional benefit

Products and services

• Titanium and Titanium Alloys High-performance titanium materials including aerospace-grade titanium sheet, plate, and billet used in airframe components, jet engine parts, and other structural applications. Sold to aerospace OEMs under long-term supply agreements.
• Nickel-based Alloys and Superalloys Nickel and cobalt-based superalloys engineered for extreme temperature and corrosive environments in jet engines, gas turbines, and chemical processing equipment.
• Grain-Oriented Electrical Steel (GOES)
• Stainless and Specialty Steel Broad range of stainless steels and specialty steel products for industrial, food processing, appliance, and automotive applications.
• Zirconium and Related Alloys Zirconium alloys for chemical processing, nuclear, and medical applications requiring corrosion resistance.
• Niobium, Hafnium, Tantalum, Tungsten, and Vanadium Alloys Refractory metal alloys for high-temperature and specialized industrial applications including electronics and defense.
• Armor Materials Specialized armor solutions for military and defense applications requiring ballistic protection.
• Nitinol (Medical Nickel-Titanium Alloy) Medical-grade Nitinol (nickel-titanium shape memory alloy) for implantable medical devices; supplied to medical device manufacturers and Confluent Medical Technologies.
• Additive Manufacturing Services Large-format metal additive manufacturing producing complex geometries for aerospace, defense, and medical applications. Vertically integrated from design through inspection.
• Forged Products Specialty forgings and forged products manufactured using advanced forging capabilities including the 85 Hammer counterblow hammer at Cudahy, WI, producing custom metal parts for NASA and aerospace/defense customers.
• Machined Components Precision machined components manufactured from ATI's specialty metals for aerospace, defense, medical, and industrial applications.
• Specialty Rolled Products (Plate, Sheet, Coil, Strip) Flat rolled specialty products including plate, sheet, coil, and strip produced at the $1.2 billion Hot Rolling and Processing Facility (HRPF) in Harrison, serving aerospace, automotive, and industrial customers.
• Powder Metals Near-net-shape powder metal products for additive manufacturing and high-performance applications in aerospace, medical, and industrial markets.
• Castings and Forgings Engineering castings and forgings produced using advanced manufacturing capabilities for aerospace, defense, and industrial customers.

Quantifiable outcome

• Q1 2026: Sales of $1.15 billion and net income attributable to ATI of $118 million
• +3 more outcomes

Named customers5 records

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• BoeingcoreStrategic or Co-development Partner · 1 January 2025ATI and Boeing extended and expanded their long-term titanium products agreement, reinforcing ATI's position as a top supplier of high-performance titanium materials for aerospace.
• AirbuscoreStrategic or Co-development Partner · 1 January 2025ATI signed a multi-year agreement with Airbus for titanium plate, sheet and billet, securing the airframer's supply of titanium products as it continues to ramp production of narrow and widebody aircraft. This positions ATI as a top supplier of titanium flat rolled and long products to Airbus.
• Confluent Medical TechnologiescoreStrategic or Co-development Partner · 1 January 2024Confluent Medical Technologies announced partnership with ATI to invest more than $50 million over several years in ATI's Nitinol melt and materials conversion infrastructure. With this significant investment, which will more than triple ATI's melt capacity for medical Nitinol, Confluent will become ATI's fulfillment partner and provide a suite of value-add services and order-fulfillment for ATI medical Nitinol mill product.
• University of Strathclyde's Advanced Forming Research Centre (AFRC)minorStrategic or Co-development Partner · 1 January 2024ATI became the 100th member of the University of Strathclyde's Advanced Forming Research Centre (AFRC), a global leader in innovative manufacturing technologies and metal forming and forging research.
• Ulbrich Stainless Steels and Special MetalsminorOthers · 1 January 2024ATI completed the sale of its precision rolled strip operations in New Bedford, Massachusetts and Remscheid, Germany to Ulbrich Stainless Steels and Special Metals, Inc. (Ulbrich).
• Bechtel Plant Machinery Inc. (BPMI)coreStrategic or Co-development Partner · 1 January 2023ATI was awarded a contract by Bechtel Plant Machinery Inc. (BPMI) to support development of highly engineered part solutions in support of the U.S. Naval Nuclear Propulsion Program. To support the contract, which calls for advanced manufacturing methods including metal additive manufacturing, ATI will establish a dedicated additive manufacturing facility outside Fort Lauderdale, Florida.
• Lawrence Livermore National LaboratoryminorStrategic or Co-development Partner · 1 January 2023ATI team along with Lawrence Livermore National Laboratory won a DOE award for developing highly-precise manufacturing processes that cut back on material waste.

Scale indicators15 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Constellium: Constellium is a global manufacturer of aluminum rolled products and extrusions serving aerospace, automotive, and packaging. While aluminum-focused, it competes for airframe structural material share alongside ATI's titanium plate and sheet products at Boeing and Airbus.
• VSMPO-AVISMA: VSMPO-AVISMA is the world's largest titanium producer and a key titanium supplier to Airbus and Boeing. It is a direct competitor in aerospace titanium and historically one of the largest titanium sources for Western airframers, although currently restricted from US defense supply chains.
• Howmet Aerospace: Howmet Aerospace is a leading producer of specialty engineered products for aerospace, including nickel-based superalloys and titanium-aluminum components for jet engines and airframes. It is the most direct competitor to ATI in aerospace nickel and titanium alloys serving the same Boeing and Airbus customer base.
• Kaiser Aluminum Corporation: Kaiser Aluminum manufactures semi-fabricated specialty aluminum mill products for aerospace, automotive, and packaging end markets. It is a relevant comparable for ATI's flat-rolled products business and competes in aerospace structural materials.
• Carpenter Technology Corporation: Carpenter Technology is a specialty alloys producer focused on nickel, cobalt, and titanium alloys for aerospace, defense, medical, and energy. It directly overlaps with ATI's specialty alloys business and serves similar high-performance end markets.
• Haynes International: Haynes International develops and manufactures nickel- and cobalt-based alloys for chemical processing, aerospace, and gas turbine applications. Its high-temperature alloy portfolio is directly comparable to ATI's nickel-based superalloys for jet engines and industrial gas turbines.
• Materion Corporation: Materion produces advanced engineered materials including beryllium, precious and base metals, and specialty alloys for aerospace, defense, semiconductor, and energy applications. Its specialty materials portfolio overlaps with ATI's refractory metal and high-purity alloy offerings.

Broad incumbents

• Arconic Corporation: Arconic is a major supplier of aluminum sheet, plate, and engineered products for aerospace and industrial markets. It is a broad incumbent in aerospace structures competing for the same airframe material programs that anchor ATI's titanium business.
• Precision Castparts Corp. Precision Castparts, a Berkshire Hathaway subsidiary, is a large diversified manufacturer of complex metal components for aerospace, power, and industrial markets, including forged and cast nickel and titanium parts. It is a broad incumbent that overlaps with ATI's forged products and aerospace components portfolio.

Emerging players

• Special Metals (PCC): Special Metals, a Precision Castparts company, is a leading producer of nickel-based superalloys and other high-performance alloys. It overlaps with ATI's superalloy business as a captive supplier within Berkshire's aerospace platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/ATImaterials

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ATI Materials