ATI expands nickel powder production capacity in North Carolina
ATI•ATI will expand nickel powder capacity in North Carolina and zirconium sponge production in Oregon. The projects are expected to generate $300 million in incremental revenue when fully ramped, and, with previously announced projects, support nearly $1 billion by 2029.
1. Planned capacity expansions
ATI will expand nickel powder capacity in Bakers, North Carolina, and zirconium sponge production in Millersburg, Oregon. Nickel powder production is expected to fully ramp in late 2028 and generate $200 million in incremental revenue; zirconium sponge production is expected to fully ramp in early 2028 and generate $100 million.
2. Revenue outlook
Together with previously announced nickel melting and titanium projects, the investments are expected to support nearly $1 billion in incremental revenue by 2029. Both expansions are included in ATI's existing capital expenditure guidance.
