Wednesday, August 24, 2011

Carpenter Tech looks to build $500M factory

by Mike Armstrong

"The Wyomissing maker of stainless steel and titanium alloys said it intends to build a 400,000-square-foot factory to meet demand from the aerospace and energy industries. The project is estimated to cost $500 million, but Carpenter would say only that "several 200+ acre greenfield sites" are under consideration.

We should find out soon where the company, which employs about 3,000 people, will locate the factory, because its plans call for it to be operational in 30 months."

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