Carpenter Technology Corp. will build its new superalloy powder facility here, directly across the highway from its nearly completed $518 million ultra-premium product manufacturing facility in Tanner, the company announced today.
“There were several reasons why we selected Athens two years ago, including the location being ideal for future growth and expansion," said Carpenter President/CEO William A. Wulfsohn. "We also remain extremely impressed with our access to a strong pool of skilled workers.”
Just three weeks ago, Carpenter announced a multi-faceted agreement with United Technologies' Pratt & Whitney Division, which includes licensing technology associated with the production of superalloy powders and a supply agreement for up to 20 years.
The superalloy powder facility is expected to begin production in late 2015. With the addition of the new facility, Carpenter’s Athens Operations is expected to employ 250 people by 2017.