Current Report Filing (8-k)
November 24 2014 - 5:05PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 24, 2014
Allegheny Technologies Incorporated
(Exact name of registrant as specified in its charter)
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| Delaware |
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1-12001 |
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25-1792394 |
(State or other jurisdiction
of incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
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| 1000 Six PPG Place, Pittsburgh, Pennsylvania |
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15222-5479 |
| (Address of principal executive offices) |
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(Zip Code) |
Registrant’s telephone number, including area code (412) 394-2800
N/A
(Former name or
former address, if changed since last report).
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
On November 24, 2014, Allegheny Technologies Incorporated announced
that it has received an additional order for its nickel-based alloy plate to be used in a large oil and gas pipeline project. A copy of the press release is attached hereto as Exhibit 99.1.
| Item 9.01. |
Financial Statements and Exhibits |
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| (d) |
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Exhibits |
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Exhibit 99.1 Press release dated November 24, 2014. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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| ALLEGHENY TECHNOLOGIES INCORPORATED |
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| By: |
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/s/ Elliot S. Davis |
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Elliot S. Davis |
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Senior Vice President, General Counsel, |
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Chief Compliance Officer and Corporate Secretary |
Dated: November 24, 2014
Exhibit 99.1
NEWS RELEASE
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| Allegheny Technologies Incorporated |
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Contact: |
| Corporate Headquarters |
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Dan L. Greenfield |
| 1000 Six PPG Place |
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412-394-3004 |
| Pittsburgh, PA 15222-5479 U.S.A.
www.ATImetals.com |
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ATI Receives Additional Orders for Nickel-based Alloy Plate
For a Large Oil & Gas Pipeline Project
Largest Project Participation in ATI’s History
Pittsburgh, PA – November 24, 2014 – Allegheny Technologies Incorporated (NYSE:ATI) said today that it has received an additional order for its
nickel-based alloy plate to be used in a large oil & gas pipeline project. ATI previously announced that it had booked initial orders for this project. Shipments are scheduled to begin in late fourth quarter 2014 and continue through the
first half of 2015.
“Total expected revenue of approximately $145 million from these orders represents the largest participation in a project in
ATI’s history,” said Rich Harshman, Chairman, President and Chief Executive Officer. “For perspective, expected revenue from these orders is greater than 25% of ATI’s sales to the Oil & Gas/Chemical Process Industry for
the first nine months of 2014. We received a large share of this project due to the quality of our nickel-based alloy plate that is enabled by ATI’s unique supply chain, including our Flat Rolled Products segment specialty alloy plate
facility.”
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are based on management’s current expectations and include known and unknown risks, uncertainties and other factors, many of which we are unable to predict or control, that may cause our actual results, performance or
achievements to materially differ from those expressed or implied in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking
statements is contained in our filings with the Securities and Exchange Commission. We assume no duty to update our forward-looking statements.
Building the World’s Best Specialty Materials Company™
Allegheny Technologies Incorporated is one of the largest and most diversified specialty materials and components producers in the world with revenues of
approximately $4.1 billion for the twelve months ended September 30, 2014. ATI has approximately 9,600 full-time employees world-wide who use innovative technologies to offer global markets a wide range of specialty materials solutions. Our
major markets are aerospace and defense, oil and gas/chemical process industry, electrical energy, medical, automotive, food equipment and appliance, and construction and mining. The ATI website is www.ATImetals.com.
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