Carpenter Technology to Invest $100 Million in New Equipment

Carpenter Technology Corp., Philadelphia, PA, provider of premium specialty alloys including titanium alloys, nickel and cobalt-based superalloys, stainless steels, alloy steels and tool steels, has announced that it will invest $100 million in soft- magnetics capabilities and a new hot-rolling mill at its Reading, PA, facility to help meet increasing demand for aerospace, consumer-electronics and electric-vehicle-manufacturing customers.

See also: Carpenter Technology Corporation

Technologies: Materials

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