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)
       September 26, 2005
   
Allegheny Technologies Incorporated
 
(Exact name of registrant as specified in its charter)
         
Delaware   1-12001   25-1792394
 
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)
     
1000 Six PPG Place, Pittsburgh, Pennsylvania
  15222-5479
 
(Address of principal executive offices)
  (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 ( see General Instruction A.2. below):
[ ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Item 7.01. Regulation FD Disclosure.
Attached as Exhibit 99.1 are slides relating to the commercial aerospace market that Thomas A. Williams, President, ATI Allvac, intends to use in a presentation at the 21 st Annual International Titanium Association (ITA) Conference on September 26, 2005.
Item 9.01. Financial Statements and Exhibits
     (c) Exhibits
  Exhibit 99.1   Slide presentation at the 21st Annual International Titanium Association (ITA) Conference on September 26, 2005.

 

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.
             
    ALLEGHENY TECHNOLOGIES INCORPORATED    
    By:   /s/ Richard J. Harshman
 
Richard J. Harshman
Executive Vice President, Finance and Chief Financial Officer
   
Dated: September 26, 2005            

 

EXHIBIT INDEX
     
Exhibit 99.1
  Slide presentation at the 21st Annual International Titanium Association (ITA) Conference on September 26, 2005.

 

Exhibit 99.1

Commercial Aerospace Market Thomas E. Williams President, ATI Allvac Titanium 2005 Scottsdale, AZ September 26, 2005


 

This presentation contains forward-looking statements. Actual results may differ materially from results anticipated in the forward-looking statements. These and additional risk factors are described from time to time in the filings by Allegheny Technologies Incorporated with the Securities and Exchange Commission, including its Report on Form 10-K for the year ended December 31, 2004, and its quarterly reports on Form 10-Q. September 2005


 

Commercial Aerospace Key Drivers International carriers Traffic (RPMs) Airline profitability Fuel costs Capacity (ASMs) Growth of low-cost carriers Fleet size and make-up Aircraft retirements Long-term Growth 5 % CAGR Commercial Aerospace Market Forecast (Source: International Civil Aviation Organization (ICAO)) Commercial Aerospace September 2005


 

Commercial Jet Engines Long -term Cyclical Growth Projected trend is based upon published engine build rates and is intended to show a trend, not be a forecast of future business levels. SPARES NOT INCLUDED Source: Airline Monitor Forecast


 

Engine Metal Demand (Metal Year- 1 year offset) (Source: Airline Monitor, Forecast International) SPARES NOT INCLUDED IN HISTORY Metals Demand Jet Engines & Aero-derivative Gas Turbines Leading Engine Programs Through 2008 Engine Programs Through 2008 CFM56 (737,A318,A319,A320,A321,A340) V2500 (A319, A320, A321) CF34, AE3007 (Bombardier/Embraer RJ's) EJ200 (Eurofighter) T500 (A340) GE90 (777) CF6 (747, 767, A330) PW4000 (747, 757, 767, 777, A300, A330) F414 (F-18) B787 -- GenX, T1000 A380 -- T900, GP7200 Reaching New Highs Projected trend is based upon published engine build rates and projected metal consumption and is intended to show a trend, not be a forecast of future business levels.


 

Increasing Metal Consumption Actual Shipments Commercial Aerospace Worldwide Titanium Shipments Market Trend Projected market trend is based upon published aircraft build rates and projected metal consumption and is intended to show a trend, not be a forecast of future business levels. September 2005


 

Market Drivers Air travel is robust, record load factors Demand for new, fuel efficient aircraft Large commercial builds up 12% in '05 2006 forecast + 15% New airframes using more titanium A380, 777, & 787 >100k lbs. of Ti each Ti's high strength-to-weight ratio Ti more compatible with composites Market Trend Commercial Aerospace Worldwide Titanium Shipments Actual September 2005 Projected market trend is based upon published aircraft build rates and projected metal consumption and is intended to show a trend, not be a forecast of future business levels.


 

Allegheny Technologies (ATI) Actions to Meet Growing Demand Capital projects recently completed Forging press at Albany, OR plant Expansion of Richburg, SC plant Forging Bar, rod, coil Improvements at Richland, WA plant to increase production capacity for EB melted alloy & CP Investing approximately $100 million to increase capacity Restarting titanium sponge production (7.5 Mlbs/yr production rate) Expanding plate production capacity 25% Installing a third PAM furnace 25% increase in ATI's titanium production capacity Milestones in Growth September 2005