Friday, February 12, 2016

Carpenter Technology to move HQ to Philadelphia

by Jacob Adelman, Inquirer Staff Writer
Metals manufacturer Carpenter Technology Corp. plans to relocate its headquarters to Philadelphia from Wyomissing, Berks County, to increase contact with its customers, the company said in a statement Thursday.

Carpenter, which produces and distributes titanium alloys and other premium metals, said it is in the process of reviewing Philadelphia locations for its approximately 100-person headquarters office.

Nearly 2,300 staffers will remain at a Reading facility near the company's current headquarters after the move, which the company aims to complete in late 2016.

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