Carpenter to invest $100 million in soft magnetic materials and precision rolling mill

April 1, 2018
Source: ASM International

Carpenter to invest $100 million in soft magnetic materials and precision rolling mill

Carpenter Technology Corp., Philadelphia, announces that it will invest $100 million in soft magnetic materials production and a new precision hot strip rolling mill at its facility in Reading, Pennsylvania, to help meet increasing demand for aerospace, consumer electronics, and electric vehicle manufacturing customers.

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