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Carpenter to ship material from Ala. plant by April ’14

February 08, 2012 - 01:21 GMT Location: New York

KEYWORDS: Carpenter Technology , premium melt , premium alloys , Tom Hill

Carpenter Technology Corp. expects to start shipping material from its planned premium alloys facility in Limestone County, Ala., by early 2014.

During construction of the plant, Wyomissing, Pa.-based Carpenter will receive a sales tax abatement of up to $8.16 million on building, construction and manufacturing equipment, and the plant also will be granted a property tax abatement of...

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