Carpenter Technology Announces Plans for Emerging Technology Center

Carpenter Technology, a global producer of powder metals and specialty wire for additive manufacturing, will add an Emerging Technology Center to its Athens, Alabama campus. The facility, slated to open in approximately 12 months, will initially focus on additive manufacturing (AM) technology development, with future investments slated for meltless titanium powder and other materials.

Carpenter expects to invest $52MM in the Emerging Technology Center, which will create approximately 60 jobs over the next five years.

“By utilizing our metallurgical and process expertise, the Emerging Technology Center is where we will develop and implement future solutions for our customers ranging from new alloys to revolutionary 3D-printed parts,” said CEO Tony R. Thene.

Carpenter has made several strategic investments in the last 16 months, including the acquisition of Puris, a producer of titanium powder for AM and advanced technology applications, the opening of an AM Technology Center and the formation of several AM powder supply agreements with various companies.

Source: Carpenter Technology

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