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Carpenter Technology Adds New Additive Manufacturing Unit

May 17, 2019

Carpenter Technology, the 130-year-old specialty metals maker founded in Reading, PA, now headquartered in Philadelphia, PA, has launched its Carpenter Additive business unit.

One of several units under the company's Performance Engineered Products business segment, the new unit represents more than $50 million in research and development, according to Carpenter’s 2018 annual report, and millions more to acquire additive manufacturing-related companies, Peskosky explained.

Those newly acquired, once separate companies are now "one family unit under" under the Carpenter Additive roof, says Stephen Peskosky, vice president of corporate development at Carpenter.

See also: Carpenter Technology