Carpenter Technology Corporation (NYSE:CRS) is a leading worldwide manufacturer and distributor of specialty alloys, powder alloys, titanium, and ceramic supplies serving the automotive, aerospace, vitality, industrial, medical, protection, and consumer products industries. He stated Carpenter additionally wanted rail service, which is not out there on the Bethel web site. Sites in Muhlenberg Township and Reading, similar to a parcel near the previous Dana plant, would have the ability for a metal plant but were not sufficiently big for Carpenter.
Carpenter is a trusted and revered name throughout a number of industries and sectors, so we’re honoured to welcome them as a MPN launch companion. Jon Scott, president and CEO of the Larger Reading Economic Partnership, mentioned that whereas the variety of jobs which are relocating to Philadelphia may not be too excessive, these will possible be very important jobs.
Included in New Jersey on June 7, 1889, Carpenter Metal Firm leased a rail-making plant in Studying and soon received its first order for 3,000 tons of metal. A a hundred and fifty five-acre site at the Reading Regional Airport was pitched to Carpenter but was too small, stated Tom McKeon, government director of the Berks County Industrial Growth Authority.
One of many Companys subsidiaries, Carpenter Specialty Merchandise Corporation, was bought efficient June 30, 2005. In addition, Carpenter announced plans in late 2013 for a $20 million facility nearby that may produce superalloy powder that can be supplied to jet engine maker Pratt & Whitney under a 20-yr agreement.