Carpenter Names Director, Talley/Amcan Sales.WYOMISSING, Pa.--(BUSINESS WIRE)--Aug. 26, 1999-- Carpenter Technology Corporation Carpenter Technology Corporation (NYSE:CRS) is a leading manufacturer and distributor of specialty alloys, including stainless steel and titanium, and various engineered products made from metallic and ceramic materials. (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 ) has named Eric D. Lamm director, Talley/Amcan Sales. Lamm, 42, will be responsible for developing strategies to sell the stainless steels stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. made in the Talley Hartsville, S.C., plant to independent distributors and will be based in Hartsville. Carpenter is seeking to increase shipments of its standard products to independent distributors, supplementing the company's traditional approach of selling directly to end-use customers. "With the acquisition of Talley and Shalmet, a new joint venture in India, and the approximate $400 million spent to modernize mod·ern·ize v. mo·dern·ized, mo·dern·iz·ing, mo·dern·iz·es v.tr. To make modern in appearance, style, or character; update. v.intr. To accept or adopt modern ways, ideas, or style. and expand capabilities the past four years, Carpenter now has the specialty alloys manufacturing capacity to profitably grow its sales to distributors," said Richard G. Santoro, vice president, Distributor Sales. "Eric's knowledge of Carpenter, experience in developing strategies for increasing sales to various markets, and innovative marketing ideas will help us leverage Amcan's existing distributor relationships," Santoro said. Lamm, who joined Carpenter in 1979, has held sales and marketing management positions aimed at growing the sales of tool steels, stainless steel and high-temperature alloys. In recent years, Lamm was instrumental in forming a strategic alliance with a tool steel distributor to more cost-effectively serve customers, in growing Carpenter's U.S. market share in stainless steel bar products, and in developing a new family of alloys for golf club applications. He holds a bachelor's degree in marketing from the University of Delaware [3] The student body at the University of Delaware is largely an undergraduate population. Delaware students have a great deal of access to work and internship opportunities. . Carpenter manufactures and distributes stainless steel, titanium alloys Titanium alloys are metallic materials which contain a mixture of titanium and other chemical elements. Such alloys have very high tensile strength and toughness (even at extreme temperatures), light weight, extraordinary corrosion resistance, and ability to withstand extreme and other specialty alloys, and various engineered products. It acquired Talley Industries in 1999. Sales in fiscal year 1999 (ended June 30, 1999) were $1.0 billion. |
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