Carpenter Named Winner of Two Industry Awards.WYOMISSING, Pa.--(BUSINESS WIRE)--Nov. 11, 1999-- Carpenter Technology Corp. (NYSE NYSE See: New York Stock Exchange :CRS CRS Course CRS Certified Residential Specialist (real estate certification) CRS Central Reservation System CRS Can't Remember Stuff (polite form) CRS Cost Reduction Strategy CRS Consumer Relations Specialist ) recently was named the winner of two industry awards - one for superior product quality and service to automotive customers and the second for an innovative metal injection-molded component. Automotive Industries Automotive Industries, Ltd. (Hebrew: תעשיות רכב נצרת עלית, תע"ר names Carpenter "best of the best" supplier Readers of Automotive Industries, a leading trade publication for automotive designers, engineers and manufacturing and purchasing managers A Purchasing Manager is an employee within a company, business or other organization who is responsible at some level for buying or approving the acquisition of goods and services needed by the company. , chose Carpenter as a superior supplier in the magazine's second annual "Quest for Verb 1. quest for - go in search of or hunt for; "pursue a hobby" quest after, go after, pursue look for, search, seek - try to locate or discover, or try to establish the existence of; "The police are searching for clues"; "They are searching for the Excellence" award survey. Carpenter was the only specialty alloy long products manufacturer to receive the honor in the ferrous ferrous (fĕr`əs), iron in the +2 valence state. Containing or having to do with iron. The difference between ferrous and ferric is the number of valence electrons they contain (ferrous contains two and ferric contains three), which metals category. In the survey, 1,800 of the magazine's readers rated companies in the areas of quality, price, innovation, delivery and service. Winners were announced in the July issue of the magazine. Carpenter's Specialty Alloys Operations, whose largest facility is in Reading, Pa., supplies the auto industry with advanced alloys that provide corrosion and heat resistance, strength, toughness and electrical/magnetic response. The company's alloys have been used in frame and body parts, engine components, tooling, and exhaust, safety, instrumentation and control systems. The automotive market accounted for 15 percent of the entire company's sales in fiscal 1999. Overall, Specialty Alloys Operations manufactures more than 400 stainless and specialty alloys for aerospace, automotive, industrial and consumer markets. Parmatech cited for new metal injection-molded part Parmatech, the metal injection-molding unit of Carpenter's Engineered Products Group, and its largest customer, Moen Inc., won the grand prize Part of the Year award in a contest sponsored by the Metal Powder Industries Federation, based in Canada. The two companies were cited for their innovative redesign and engineering of an intricate shower component that maintains safe water temperature. More than a year ago, Parmatech, Petaluma, Calif., began investing in a high-production metal injection-molding equipment line to become the primary producer of the complicated part, called a spool. The company is making more than 200,000 shower components a week for Moen. The Engineered Products Group is a consortium of companies acquired by Carpenter, largely in the 1990s, to expand its range of product offerings. In addition to metal injection-molded parts, the group's companies manufacture injection-molded ceramic, precision carbide carbide, any one of a group of compounds that contain carbon and one other element that is either a metal, boron, or silicon. Generally, a carbide is prepared by heating a metal, metal oxide, or metal hydride with carbon or a carbon compound. , tubing and drawn products and advanced ceramics. Moen is one of the world's largest manufacturers of plumbing products. Metal injection molding The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. typically is used for small, complex, net-shape parts that would be difficult or expensive to manufacture by other methods. Powdered metals are mixed with a binder and injection molded into a form. The binder then is removed and resulting parts are sintered sin·ter n. 1. Geology A chemical sediment or crust, as of porous silica, deposited by a mineral spring. 2. A mass formed by sintering. v. sin·tered, sin·ter·ing, sin·ters v. - heated to a high temperature - until they are fully dense. In addition to stainless and specialty alloys and engineered products, Carpenter manufactures and distributes titanium titanium (tītā`nēəm, tĭ–) [from Titan], metallic chemical element; symbol Ti; at. no. 22; at. wt. 47.88; m.p. 1,675°C;; b.p. 3,260°C;; sp. gr. 4.54 at 20°C;; valence +2, +3, or +4. . In fiscal year 1999 (ended June 30, 1999), the Wyomissing, Pa., company had sales of $1 billion. Further information about Carpenter is available on the Internet at http://www.cartech.com. |
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