EX-99.2 7 l41376exv99w2.htm EX-99.2 exv99w2
Exhibit 99.2
CONSENT OF ROBERT W. BAIRD & CO. INCORPORATED
Board of Directors
Ladish & Co., Inc.
5481 South Packard Avenue
Cudahy, Wisconsin 53110
Re:   Proxy Statement/Prospectus that forms part of the Registration Statement on Form S-4 of Allegheny Technologies Incorporated
Members of the Board of Directors:
We hereby consent to the inclusion of our opinion letter, dated November 16, 2010, to the Board of Directors of Ladish & Co., Inc. included as Annex B to the Proxy Statement of Ladish & Co., Inc. (the “Proxy Statement”) included in the proxy statement/prospectus, which forms part of the registration statement on Form S-4 of Allegheny Technologies Incorporated (the “Registration Statement”) filed with the Securities and Exchange Commission on the date hereof and the references to our firm and our opinion in such Proxy Statement under the headings “SUMMARY—Opinion of Ladish’s Financial Advisor,” “THE MERGER—Background of the Merger,” “THE MERGER—Opinion of Ladish’s Financial Advisor—Robert W. Baird & Co. Incorporated.” The foregoing consent applies only to the Proxy Statement included in the Registration Statement being filed with the Securities and Exchange Commission as of the date hereof and not to any amendments or supplements thereto and our opinion is not to be used, circulated, quoted or otherwise referred to for any other purpose, nor is it to be filed with, included in or referred to in whole or in part in any other registration statement (including any subsequent amendments to the above-mentioned Registration Statement), proxy statement or any other document, except in accordance with our prior written consent.
In giving our consent, we do not admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission thereunder, nor do we admit that we are experts with respect to any part of such Registration Statement within the meaning of the term “experts” as used in the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission thereunder.
Dated: December 27, 2010
         
ROBERT W. BAIRD & CO.,
INCORPORATED
 
   
By :   /s/ C.R. Cooper    
       
Title :   Director