Wah Chang Corporation
|K.C. Li; Lynn D. Davis|
|Revenue||US$$265 million (FY 2005)|
Number of employees
Wah Chang Corporation is a manufacturing company based in Albany in the U.S. state of Oregon. In 1916 (some sources say 1914), Chinese American mining engineer Kuo-Ching Li founded the company, an international tungsten ore and concentrate trading company, in New York state, under the name Wah Chang Trading Corporation. The name Wah Chang is Chinese for "fortunate enterprise" or "great development". Li remained with the company until his death in 1961, serving as president until 1960 and then board chairman.
In 1946, the company built a plant in Union City, New Jersey. In the 1950s, it was also operating tungsten mines in Calento, Nevada, and near Bishop, California. In early 1956, the Atomic Energy Commission contracted with Wah Chang to run the U.S. Bureau of Mines zirconium plant in Albany, Oregon, to develop high-purity zirconium for use in the United States Navy's nuclear program.
Wah Chang was privately owned by K. C. Li until 1967, when it was acquired by Teledyne, the main Albany plant (located in the then-unincorporated area known as Millersburg) becoming a subsidiary named Teledyne Wah Chang Albany, or TWCA. In 1966, Wah Chang had around 1,200 employees, in plants in Albany, Oregon; Glen Cove, New York; Huntsville, Alabama; and Texas City, Texas, and sales of $40.7 million. The Albany plant was by far the largest, and at the time of its sale to Teledyne, it accounted for around $20 million in annual revenue, and 860 people were employed at that location. The Alabama factory became a separate subsidiary named Teledyne Wah Chang Huntsville.
After Teledyne merged with Allegheny Ludlum Corporation in 1996, to become Allegheny Technologies Incorporated, the company became ATI Wah Chang. In March 2014, it was renamed ATI Specialty Alloys and Components.
- "From a history of 'great developments'...". Wah Chang Corporation. Archived from the original on July 27, 2010. Retrieved 2010-07-09.
- "Albany Plant Official Dies [obituary of Kuo-Ching Li]". The Oregonian. March 9, 1961. p. 9.
- "Company History: Wah Chang". Answers.com. Retrieved 2010-07-09.
- Ferguson, James H. (May 11, 1956). "Business Briefs: New Industrial Resident [Wah Chang moving to Oregon]". The Oregonian. Section 2, p. 10.
- Hauser, Paul (January 19, 1958). "Albany's Large Zirconium Industry Outgrowth of Experimental Plant". The Sunday Oregonian. Section 1, p. 34.
- "Exotic metal plant also yields exotic odors". The Oregonian. June 17, 1976. p. D9.
- Pratt, Gerry (July 9, 1967). "N-Power Boom Aids Exotic Metals Plant". The Sunday Oregonian. Section 1, p. 30.
- "In reorganization: Longtime Wah Chang leader axed". The Sunday Oregonian. September 5, 1975. p. D9.
- "Firm Moves Into Metals [Acquisition by Teledyne]". The Sunday Oregonian. April 5, 1967. Section 3, p. 7.
- "Plant may spur Albany output". The Oregonian. June 26, 1984. p. D13.
- "Teledyne Wah Chang: Millersburg, Linn County". Oregon Health Authority. Retrieved 2015-02-22.
- "ATI renames business units". Metal Powder Report. April 1, 2014. Retrieved 2015-02-22.
- "Albany, Oregon, USA". Allegheny Technologies Inc. Retrieved 2015-02-22.