ATI Expands Nickel Powder Production Capacity in North Carolina
Bitget2026/11/12 19:43- ATI will expand nickel powder capacity in Bakers, North Carolina, and zirconium sponge production in Millersburg, Oregon.
- The nickel powder expansion is expected to generate $200 million in incremental revenue, with production fully ramped in late 2028.
- Zirconium sponge production will fully ramp in early 2028, supporting nuclear energy applications and an expected $100 million in incremental revenue.
- Together with previously announced nickel melting and titanium projects, the investments are expected to support nearly $1 billion in incremental revenue by 2029.
- Both new expansions are included in existing capital expenditure guidance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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