Consolidated Boring completed the acquisition of the flowform products business from Allegheny Technologies for $55m.

Consolidated Boring completed the acquisition of the flowform products business from Allegheny Technologies, a specialty metals company, for $55m. "We believe the operation in Billerica will have the opportunity to grow and thrive under Consolidated Boring's ownership and wish them great success in their next chapter," Kim Fields, ATI Executive Vice President of High Performance Materials & Components and Advanced Alloys & Solutions.