Carpenter Technology to Expand Premium Melt Capacity
Carpenter Technology Corp. announced plans to expand premium melt capacity and related infrastructure at its Reading, Pa., facilities. Plans call for an approximate 40% increase in its vacuum induction melting (VIM) capacity. The expansion program also includes four vacuum arc remelting (VAR) furnaces and two electro-slag remelting (ESR) furnaces. Construction is expected to begin in late fiscal year 2007 and be completed by mid-fiscal year 2009.
The expansion program will also include related annealing, homogenization and other process machinery. The premium melt expansion will complement Carpenter’s existing melting, forging and finishing operations. These operations are being enhanced with laser technology welding for strip finishing and centerless turning equipment for bar finishing.