Carpenter Technology Announces Plans for Emerging Technology Center.
sotn
You are here: www.steelonthenet.com > archive > 2018 > carpenter-technology-announces-plans-for-emerging-technology-center.html

Steel Industry News Archive

World iron and steel industry news headlines

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.




Steelonthenet.com is owned and operated by Metals Consulting International Limited. MCI is a London-based firm of steel industry consultants. We provide clients all over the world with investment appraisal support including feasibility studies and due diligence investigations. For further information visit our steel industry consulting support page.