Carpenter Technology Corporation

Carpenter Technology Corporation announced plans to invest $52 million in an Emerging Technology Center at its existing campus in Limestone County, Alabama, focusing on additive manufacturing technology development and expected to create 60 jobs over five years.

Carpenter Technology announced plans for a $52 million Emerging Technology Center in Alabama, creating 60 jobs. The announcement was made at the 2018 Farnborough International Airshow on July 18, 2018.

Carpenter Technology Corporation will invest $100 million in soft magnetics capabilities and a new precision strip hot rolling mill at its Reading, Pennsylvania facility to support growth in aerospace, consumer electronics and electric vehicle markets.

Carpenter Technology Corp. announced it will spend $35 million to acquire Puris, a West Virginia-based producer of titanium powder used in 3D printing for aerospace parts.