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ATI has announced its long-term financial targets as some of our key markets continue to recover from the pandemic. Leadership has identified their expectations for ATI in some of these key areas: • Revenue growth should outpace growth rates in key end-markets • Adjusted EBITDA margins should expand significantly as a result of ongoing market recovery, lean cost structures and enhanced product mix • Increased cash conversion rates driven by profitable growth, reduced managed working capital and pension funding needs • Rapid improvement in return on invested capital, increasing opportunities to enhance shareholder value over time "ATI is accelerating its clear and defined strategy to become an aerospace and defense leader," said Robert S. Wetherbee, Board Chair, President and CEO. "We're solving the world's greatest challenges through materials science, thriving where the expectations are great, and the barriers are high." Additional information provided during ATI’s Investor Day can be found here: https://tinyurl.com/28uywmd4
Our 400+ colleagues at ATI Forged Products in Stalowa Wola, Poland, together with their community less than 90 miles from the Ukrainian border, are embracing and supporting refugees displaced by the Russian invasion. In support of their efforts to assist those affected most by the conflict, we contributed a total of $50,000 to the Polish Humanitarian Action (PAH). The organization supports refugees through emergency response, and provides for their immediate needs, including shelter and access to food and necessities. To learn more about PAH and their work in emergency response, view here: What we do - Polska Akcja Humanitarna (pah.org.pl)
We are honored to receive the first-ever “Rolls-Royce Pioneering the Power that Matters” Award at the 2019 Rolls-Royce Global Supplier Conference, #RRGSC2019, for ATI’s support of the #UltraFan. We are proud to partner with #Rolls-Royce by bringing the specialty materials and components, unique process technology, and #RelentlessInnovation that will help the UltraFan redefine the world of jet engines, delivering significant weight, noise and fuel burn reductions. Special thanks to Chris Cholerton (President, RR Civil Aerospace; left); Sebastian Resch (Operations Director – RR Civil Aerospace; fourth from right); and Warrick Matthews (EVP – RR Procurement and Installations SCU; far right), with @JimMeudt (VP, Sales - ATI and GM, ATI Forged Products – Cudahy Ops) and @MartinPike (VP, Commercial -ATI).
ATI - Allegheny Technologies has given $1 million to Robert Morris University to create the university’s first endowed professorship, the Richard J. Harshman Professorship in Accounting, in honor of retired Chairman and CEO Rich Harshman, RMU ‘78 (pictured below left with RMU President Dr. Christopher Howard). “Establishing RMU’s first endowed professorship honors a leader who has been a relentless innovator and supporter of the Pittsburgh region," said ATI Board Chair Diane Creel. "This endowment will help RMU continue to advance, developing a talent pipeline serving businesses and the region.” http://glassdoor.com/slink.htm?key=vMdj3
Way to go Team ATI! Some members of the ATI team recently participated in the 5K and team relay events of the Pittsburgh Marathon. This is a great team building exercise, and we are happy to see our employees participating together! Pictured below are employees from our Robinson Operations who ran the 5k event, and a team from our corporate office (not pictured) ran the team relay.
ATI team members participated in United Way's Games for Good. Our volunteers worked with over 800 local youth at this fun field day to promote physical fitness and healthy eating. Good health positively impacts a child’s education, mental health, and social skills, and this event was a great way to promote healthy habits in a fun environment.
Attention students: Are you interested in joining the ATI team? We will be participating in several career fairs this fall, and would love to meet you! If you are a student at one of the universities on our schedule, make sure to register in advance or stop by and see us. A full listing of career fairs can be found on our website: http://glassdoor.com/slink.htm?key=vQ0rU
Work-life balance. Our Millersburg Operations in Oregon, shut-down all non-critical dayshift operations during the 2017 Eclipse to enable employees and their families to view the Eclipse. ATI provided ISO certified glasses to employees and their families for safe viewing.
ATI’s capabilities are an essential element of flight. Please visit us during the show - Hall 5 B210. Contact your ATI sales representative to schedule a meeting during the show! #ATI #RelentlessInnovation #ElementofFlight #Aerospace #salondubourge
The world's need for energy is taking oil and gas producers to places that are more remote and more challenging than ever before. Learn more about our full range of Oil & Gas solutions at, http://glassdoor.com/slink.htm?key=vQBFd #Oil&Gas #ATI