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Carpenter Technology Raises Prices on Premium-Melted Specialty Alloys
WYOMISSING, Pa.--(BUSINESS WIRE)--Dec. 7, 2005--The Specialty Alloys Operations unit of Carpenter Technology Corporation (NYSE:CRS) has announced that it will increase base prices an average of 10 percent on all premium-melted alloys in all product forms, effective immediately on all new orders. Raw material and energy surcharges will remain in effect.
Carpenter said that demand continues to be very strong for its premium melted alloy products used in the aerospace, automotive, electronics, medical, power generation and oil and gas markets.
Carpenter Technology, based in Wyomissing, Pa., is a leading manufacturer and distributor of specialty alloys and engineered products. More information about Carpenter Technology and Specialty Alloys Operations is available at www.cartech.com.
CONTACT: Carpenter Technology Corporation
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