Carpenter Powder Products Raises Prices on High-Speed Tool Steels.Business Editors BRIDGEVILLE, Pa.--(BUSINESS WIRE)--May 28, 2004 Carpenter Powder Products Inc. (CPP cpp - C preprocessor. ), a subsidiary of 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 ), said today that it will increase transactional prices on its tool and high speed steels by 6 - 8 percent for orders booked as of June 1, 2004. Raw material surcharges will remain in effect. The planned price increase reflects continued increases in raw material, energy and other consumable costs. CPP, based in Bridgeville, Pa., is a leading global manufacturer of gas atomized specialty metal powders and consolidated powder metallurgy products. Carpenter, based in Wyomissing, Pa., is leading manufacturer and distributor of specialty alloys and engineered products. More information about Carpenter and CPP is available at www.cartech.com, with selected products for sale at www.carpenterdirect.com. |
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