ATI and GE launch joint venture for meltless titanium production
Allegheny Technologies Incorporated (ATI), a producer of technically advanced speciality materials and components, has announced that it has established a joint venture (JV) with GE Aviation for the development of a new meltless titanium alloy powder manufacturing technology. Under the joint venture, the two companies will partner to construct a new R&D pilot production facility, where titanium alloy powders will be developed and produced for use in Additive Manufacturing applications.
The joint venture will leverage ATI’s high level of technology, manufacturing and quality in the production of speciality metal powders and premium-quality titanium and nickel-based alloys for critical and technically advanced applications, the company stated. GE Aviation will offer its engineering and development capabilities and technical knowledge of the use of alloyed titanium powders.
“We are pleased to join with GE Aviation to create this innovative next-generation technology joint venture,” commented Rich Harshman, ATI’s Chairman, President and CEO. “The science of speciality metal powders is a transformative technology and we intend to maintain and enhance our industry-leading position.”
“Developing new materials is an important part of our vision for our business,” stated David Joyce, Vice Chairman of GE and President and CEO of GE Aviation. “ATI is a recognised leader in advanced speciality materials and we are excited about the collaboration this new joint venture enables.”
