Friday, August 26, 2016

Reading-Based Carpenter Technology Moving Corporate HQ To Center City

by Steve Lubetkin,
In an effort to attract a broader talent pool, Reading, PA-based Carpenter Technology, which manufactures specialty metals, is relocating its corporate offices into Center City with the leasing of 22,000 square feet of class A office space at the BNY Mellon Building, 1735 Market Street, Philadelphia.

Carpenter will relocate in fall 2016. The company’s primary manufacturing plant will continue to operate in Berks County, where 2,300 people are employed. The Reading, PA plant is part of the company’s Specialty Alloys Operations segment.

The new Philadelphia location will bring approximately 100 positions to the city, over time. The move provides better access to transportation, customer markets, world-class universities, and increased visibility with broad talent pools.

The landlord is Equity Commonwealth.

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