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ALLEGHENY LUDLUM EXPANDS STAINLESS STEEL PRECISION STRIP CAPACITY

 PITTSBURGH, Feb. 12 /PRNewswire/ -- Allegheny Ludlum (NYSE: ALS) today announced a capital expense project that will substantially increase precision light gauge stainless steel strip production capacity.
 The expansion is at the company's Wallingford and Waterbury, Conn., specialty strip finishing facilities.
 "We see significant growth for precision light gauge stainless strip products in both domestic and international markets," said Bob Bozzone, president and chief executive officer. "This production capacity expansion will allow us to meet this market growth and will help to further improve our quality and delivery performance to meet the ever increasing demands of our customers around the world."
 Light gauge stainless steel strip is used in both consumer and capital goods applications. A few familiar products are computer diskette shutter doors and center hubs, video cassette springs, fiber optic cable wrap, automotive piston rings, hypodermic needles, specialty springs and cathode ray tube parts for computer and television screens. In addition, several new potentially high volume applications are currently in development.
 The new equipment incorporates the latest generation of microprocessor-based process control systems to produce a high quality product and optimize performance. Included are optical temperature controls, a laser control for strip tension, an X-ray strip thickness measuring system, and new shape enhancement components. The high performance digital coordinated drive systems are capable of maintaining precise uniform strip tension which, together with a computerized interactive rolling mill management system, provide more consistent product quality.
 "These investments will help us continue to be a cost-competitive producer of specialty materials," Bozzone said. "We plan to make major quality improvements that meet changing customer requirements and to seek specialty niches less sensitive to competition, our long-held publicly stated core strategies."
 The project is planned for completion by the fourth quarter of 1993.
 Allegheny Ludlum is a leading producer of a wide range of specialty materials including stainless steels, electrical steels and high technology alloys. The company, which reported sales of over $1 billion in 1992, is listed on the New York Stock Exchange (symbol: ALS).
 -0- 2/12/93
 /CONTACT: Dan Greenfield, 412-394-3004, or Bert Delano, 412-394-2813, both of Allegheny Ludlum/
 (ALS)


CO: Allegheny Ludlum ST: Pennsylvania, Connecticut IN: MNG SU:

KC-DM -- PG007 -- 6233 02/12/93 15:08 EST
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Publication:PR Newswire
Date:Feb 12, 1993
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