-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NDnwG30w1LGNaYQkibc+vfbIw3kbNBEIpole/fUBndIhMmYrwIU7ckF/SWpqCuPk b2pfbFwMTXlTDc54vADKWw== 0000950152-04-003799.txt : 20040510 0000950152-04-003799.hdr.sgml : 20040510 20040510135615 ACCESSION NUMBER: 0000950152-04-003799 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040507 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040510 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLEGHENY TECHNOLOGIES INC CENTRAL INDEX KEY: 0001018963 STANDARD INDUSTRIAL CLASSIFICATION: STEEL PIPE & TUBES [3317] IRS NUMBER: 251792394 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12001 FILM NUMBER: 04792176 BUSINESS ADDRESS: STREET 1: 1000 SIX PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 4123942800 MAIL ADDRESS: STREET 1: 100 SIX PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 FORMER COMPANY: FORMER CONFORMED NAME: ALLEGHENY TELEDYNE INC DATE OF NAME CHANGE: 19960716 8-K 1 j0754801e8vk.txt ALLEGHENY TECHNOLOGIES UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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): May 7, 2004 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 Item 5. Other Events On May 7, 2004, Allegheny Technologies Incorporated announced that a tentative agreement has been reached on a labor contract covering USWA-represented employees at ATI Allegheny Ludlum and J&L Specialty Steel. The tentative agreement is subject to ratification. Ratification of a new collective bargaining agreement with USWA-represented employees at both Allegheny Ludlum and J&L Specialty is a condition of closing to the acquisition of certain assets of J&L Specialty Steel, LLC (J&L) by a wholly owned subsidiary of ATI Allegheny Ludlum. As previously announced, ratification of the agreement is expected to occur by May 28, 2004. Accordingly, ATI anticipates being able to close the transaction on or before June 1, 2004. A copy of the press release announcing the tentative agreement is filed as Exhibit 99.1 to this Current Report on Form 8-K. Item 7. Financial Statements and Exhibits. (c) Exhibits Exhibit 99.1 Press release dated May 7, 2004 Page 2 of 3 Pages 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/ Jon D. Walton ------------------------------------------ Jon D. Walton Executive Vice President, Human Resources, Chief Legal and Compliance Officer, General Counsel and Corporate Secretary Dated: May 10, 2004 Page 3 of 3 pages. EXHIBIT INDEX Exhibit 99.1 Press Release dated May 7, 2004. EX-99.1 2 j0754801exv99w1.txt EXHIBIT 99.1 [ALLEGHENY TECHNOLOGIES LOGO] Exhibit 99.1 1000 Six PPG Place, Pittsburgh, PA 15222-5479 NEWS RELEASE... Contact: Dan L. Greenfield 412- 394-3004 ALLEGHENY TECHNOLOGIES AND USWA REACH TENTATIVE LABOR AGREEMENT FOR ATI ALLEGHENY LUDLUM AND J&L SPECIALTY STEEL Pittsburgh, PA - May 7, 2004 - Allegheny Technologies Incorporated (NYSE:ATI) announced today that a tentative agreement has been reached on a progressive labor contract covering USWA-represented employees at both ATI Allegheny Ludlum and J&L Specialty Steel. The tentative agreement, which is subject to ratification, is patterned after other progressive agreements with the USWA. Ratification of a new collective bargaining agreement with USWA-represented employees at both Allegheny Ludlum and J&L Specialty is a condition of closing to the acquisition of certain assets of J&L Specialty Steel, LLC (J&L) by a wholly owned subsidiary of ATI Allegheny Ludlum. As previously announced, ratification of the agreement is expected to occur by May 28, 2004. Accordingly, ATI anticipates being able to close the transaction on or before June 1, 2004. "This labor agreement helps secure a strong future for the employees of Allegheny Ludlum and J&L Specialty by providing a more competitive cost structure," said Pat Hassey, Chairman, President and Chief Executive Officer of Allegheny Technologies. "The agreement will save jobs while providing the flexibility to efficiently staff and operate these facilities. "The USWA local and international leadership have been instrumental in reaching this tentative agreement, which helps create a stronger more competitive flat-rolled stainless steel company. "This agreement, once ratified, puts us in a position to close on the J&L Specialty acquisition. The acquisition enhances our competitive position in the North American flat-rolled stainless steel market. It maintains historical domestic capacity and keeps significant J&L equipment in production. We believe that the new labor agreement and the J&L acquisition best serve employees, retirees, customers and the communities in which the facilities operate." The tentative agreement, which would expire June 30, 2007, will replace existing labor agreements at both Allegheny Ludlum and J&L upon ratification. Further details about the tentative agreement will not be made available until after the ratification process is complete. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainties and changes in circumstances. Actual 1 of 2 results may differ materially 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 Allegheny Technologies' filings with the Securities and Exchange Commission. We assume no duty to update our forward-looking statements. Allegheny Technologies Incorporated (NYSE: ATI) is one of the largest and most diversified specialty materials producers in the world, with revenues of approximately $1.9 billion in 2003. The Company has approximately 8,800 employees world-wide and its talented people use innovative technologies to offer growing global markets a wide range of specialty materials. High-value products include nickel-based and cobalt-based alloys and superalloys, titanium and titanium alloys, specialty steels, super stainless steel, exotic alloys, which include zirconium, hafnium and niobium, tungsten materials, and highly engineered strip and Precision Rolled Strip(R) products. In addition, we produce commodity specialty materials such as stainless steel sheet and plate, silicon and tool steels, and forgings and castings. The Allegheny Technologies website can be found at www.alleghenytechnologies.com. ### 2 of 2 -----END PRIVACY-ENHANCED MESSAGE-----