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Carpenter Technology Corp Enters Into Supply Contract With Rolls-Royce

Friday, 26 Apr 2013 08:30am EDT 

Carpenter Technology Corp announced that it has finalized the completion of a formal supply agreement that will provide Rolls-Royce with advanced technology materials used in the manufacture of jet engine components. The materials will be used on current and future Rolls-Royce engine platforms, in applications including rings, blades, vanes, and airfoils. Demand for the material will be generated by Rolls-Royce in the UK and the US, and its global suppliers. Materials in support of this program will be manufactured at Carpenter`s Reading, PA and Athens, AL specialty steelmaking facilities. The five-year agreement runs through 2017 and is valued at approximately $75M million. 

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-0.17 -0.28%
11 Jul 2014