The following news item appeared in the international steel industry press.
Title: Carpenter Technology Announces Plans for Emerging Technology Center
Date: Mon, 16 Jul 2018 12:00:52 GMT
Report: PHILADELPHIA, July 16, 2018 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE:CRS) today announced plans for adding an Emerging Technology Center on its Athens, Alabama campus. The facility will initially focus on Additive Manufacturing (AM) technology development, with future investments slated for soft magnetics and meltless titanium powder. Over time, Carpenter expects to invest $52 million in the Emerging Technology Center, which will create approximately 60 jobs over the next five years. This investment is a critical component in executing Carpenters key growth initiatives and is aligned with its business strategy of becoming a complete end-to-end solutions provider in the...
Keywords: jobs, technology, carpenter, emerging, center
Source: Carpenter Technology, Philadelphia, Pennsylvania, United States.
Press release: see full report.
Related: See steel sector technology trends discussion for further information.
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