Carpenter Technology Corporation, producer and distributer of premium alloys, special alloys, titanium alloys and powder metals, has declared plans to relocate its corporate headquarters to Philadelphia from Wyomissing, PA, a suburb of Reading, PA. The move supports Carpenter’s strategic plan to leverage its core technical strength in engineered materials and process capabilities to solve customers’ current and anticipated challenges, while solidifying its position as an industry leader by being the preferred solutions provider. This new headquarters location will allow the company to deepen its customer relationships and play a more integral role in the development of its customers’ products.
“Carpenter is positioning itself for continued growth,” said Tony R. Thene, Carpenter’s President and Chief Executive Officer. “As we have expanded our manufacturing footprint and sales presence over the past decade, it has become more important to raise our visibility, broaden our talent pool, and improve access to our customers and partners. The Reading manufacturing location remains crucial to the current operating plan and the stated strategy going forward. We’re proud of our 125 plus years in Reading, and we remain committed to Reading and to the state of Pennsylvania, where Carpenter today employs more than 3,300 personnel.”