Consolidated Precision Products: ATI sells segment to Cleveland-based company

Pittsburgh-based Allegheny Technologies Inc. (NYSE: ATI) will sell its Cast Product business to Cleveland-based Consolidated Precision Products Corp., according to a news release. The companies expect to close the deal in the third quarter of 2019. The cast products segment of ATI primarily produces products for the aerospace and defense industry. "We continue to actively evaluate our business portfolio to ensure that we are focused on the businesses that offer ATI the best combination...