North Haven, CT, November 16, 2024 – Ulbrich Stainless Steels & Special Metals is happy to announce the acquisition of ATI’s precision rolled strip operations in New Bedford, MA and Remscheid, Germany additional increasing its precision-rolling capabilities and strengthening its place within the international market.
Below Ulbrich’s possession, the New Bedford, MA facility can be named Ulbrich Precision Alloys and the situation in Remscheid, Germany can be Ulbrich Europe Metals.
These acquisitions mark a big milestone in Ulbrich’s development technique, permitting the corporate to reinforce its precision re-rolling capabilities, notably in light-gauge, wide-width nickel alloys, titanium, and specialty stainless-steel.
“We are thrilled to welcome Ulbrich Precision Alloys and Ulbrich Europe Metals to the family,” mentioned Chris Ulbrich, CEO and Chairman of Ulbrich’s board. “These acquisitions are a transformative step in our journey, and we believe that all roads lead to Ulbrich as we continue to expand our product offerings for an ever-growing precision strip market.”
ATI (NYSE: ATI) is a world producer of high-performance supplies and options for the aerospace and protection markets, and important purposes in electronics, medical and specialty vitality. ATI, a publicly traded firm, has agreed to promote its precision rolled strip operations as a part of its strategic realignment.
Ulbrich will proceed to provide the worldwide market with the identical alloys and intermediate volumes of specialty gauges, together with precision-rolled choices, that had been beforehand supplied by ATI. Prospects, each new and current, will benefit from the industry-leading metallurgical experience and swift responsiveness which have turn into hallmarks of Ulbrich’s technical and industrial groups. Moreover, clients will profit from enhanced synergies throughout Ulbrich’s divisions, making a seamless, one-stop resolution for his or her complete product growth journey—from small R&D batches to full-scale manufacturing.
“We’re grateful to the employees at both facilities for joining the Ulbrich team,” mentioned Jon Ulbrich, President of UIbrich’s Service Heart Group. “We look forward to servicing new markets and new customers with these acquisitions.”
About Ulbrich Stainless Steels & Particular Metals, Inc.
Ulbrich Stainless Steels & Particular Metals, Inc. is a fourth-generation, family-owned and operated international producer of precision metallic merchandise. Based in 1924, Ulbrich makes a speciality of producing high-performance alloys, together with stainless-steel, titanium, and nickel, for a variety of industries similar to aerospace, automotive, and medical. With a dedication to innovation and high quality, Ulbrich delivers custom-engineered options that empower producers to create high-performing parts with better pace and precision. For extra data, go to www.ulbrich.com.
