TRENDING:
Carpenter Technology Corp. has completed repairs to a 4,500 ton press at its Reading facility and has returned the equipment to service. The press has been out of service since December, when the company announced an unplanned outage due to a mechanical failure.
The press is a piece of highly specialized equipment that is critical to producing materials for Aerospace and other end-market applications, according to Tony R. Thene, president and CEO of Carpenter Technology.
“Our teams, through careful planning and focused execution, completed the necessary repairs within our target timeline,” he said in a March 3 statement announcing the completion of repairs. “In addition, while making the necessary repairs, we pulled forward some of the normal recurring maintenance activities that would have been necessary later this year.”
Moving that recurring maintenance forward is expected to eliminate 14 days of planned maintenance downtime through the balance of the fiscal year, the company previously said.
“With the repairs behind us, we can focus on satisfying customer demand in the Aerospace supply chain, where a broad-based recovery continues to take shape,” Thene added. “Over the coming quarters and years, Carpenter Technology is uniquely positioned to capitalize on growth across our diversified solutions portfolio in attractive end use markets combined with leading operational capacity and capabilities.”
When the unplanned press outage was announced in December, the company indicated it had the majority of spare parts on-hand, and had “moved quickly” to address the situation.
Carpenter Technology Corp. is a leader in high-performance specialty alloy-based materials and process solutions for critical applications in the aerospace, defense, transportation, energy, industrial, medical, and consumer electronics markets.
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