ATI Inc. (NYSE:ATI) is among the 13 Best Magnesium Stocks to Invest in Now. Mesirow declared that it served as ATI Inc. (NYSE:ATI)’s exclusive financial advisor in the sale of its East Hartford Operations (EHO) to Barnes Aerospace. The divestment includes a plant in East Hartford, CT, that specializes in the machining of flight-critical components such as rotor hubs, rotorcraft parts, and jet engine discs for both commercial and defense aerospace areas.
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ATI Inc. (NYSE:ATI) is a multinational manufacturer of high-performance materials and solutions for the specialty energy, electronics, medical, aerospace, and defense industries. EHO has been providing essential rotating hardware for 75 years and has a solid reputation for both quality and customer service. Mesirow’s Senior Managing Director and Co-Head of Investment Banking, Adam Oakley, acknowledged the significance of the deal and ATI Inc. (NYSE:ATI)’s legacy. Mesirow Investment Banking has completed over 350 transactions across its verticals in recent years, and this acquisition highlights the firm’s proficiency in aerospace and defense carve-outs. It is among the Best Magnesium Stocks.
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