Carpenter Technology Plans Alabama Emerging Technology Center
By Jerry Underwood
Made in Alabama
Gov. Kay Ivey joined executives of Philadelphia-based Carpenter Technology Corp. at the Farnborough International Airshow today to announce plans for adding an Emerging Technology Center at its campus in Limestone County in northern Alabama.
The facility will initially focus on additive manufacturing (AM) technology development, with future investments slated for soft magnetics and meltless titanium powder.
Over time, Carpenter is expected to invest $52 million in the Emerging Technology Center, which is vital to accelerate the company’s key growth initiatives and is aligned with its business strategy of becoming an end-to-end solutions provider in the AM area. Approximately 60 jobs will be created over the next five years.
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