Allegheny Technologies Inc. on Wednesday was presented with the Community Impact Award by Jason Perry, executive director of the Governor's Economic Development, on behalf of Trade & Industry magazine.
The award is presented to companies that have demonstrated profound positive economic benefits to the local communities in which new development projects have begun. The company plans to create 150 new jobs with salaries above $45,000 and is expected to spend approximately $460 million building a new plant and facilities in Tooele County.
The company is building a titanium sponge facility in Rowley. Titanium sponge is a raw material used to produce titanium mill products for the global markets in aerospace and defense, chemical processes, oil and gas, electrical energy and medical products.
ATI, based in Pittsburgh, has about 9,700 employees worldwide and had revenues of $5.5 billion in 2007.