July 3, 2008

Carpenter Technology Performs $115 Million Improvement on Pennsylvania Steel Mill, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) -- In September 2006, Carpenter Technology Corporation (NYSE:CRS) (Reading, Pennsylvania) announced plans to expand its steel mill with an investment of $115 million. Less than a year later, they began the expansion. The goal was to expand the premium melt capacity by as much as 40 percent, providing new production rates of around 500,000 tons per year.

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SOURCE: Industrial Info Resources