Fascett to Head Carpenter Specialty Wire Products.READING, Pa.--(BUSINESS WIRE)--June 16, 1998--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 ) has named manufacturing executive Ernest Fascett general manager of Carpenter Specialty Wire Products, a processor of small diameter and fine wire products. His appointment is effective July 1. Fascett succeeds Andrew McElwee, who has been appointed president of Talley Metals Technology, a recent Carpenter acquisition and manufacturer of stainless steel 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. and specialty alloys. Fascett, of Columbia, S.C., returned to Carpenter in 1996 as manager of manufacturing and technical services at Carpenter Specialty Wire Products, Orangeburg, S.C. Between 1987 and 1996, he was manager of process engineering at Teledyne Allvac and vice president of manufacturing for The Rochester Corp. Before that, he worked for 11 years in a variety of manufacturing positions at Carpenter in the company's Reading facility. A native of Virginia Beach Virginia Beach, resort city (1990 pop. 393,069), independent and in no county, SE Va., on the Atlantic coast; inc. 1906. In 1963, Princess Anne co. and the former small town of Virginia Beach were merged, giving the present city an area of 302 sq mi (782 sq km). , Va., Fascett earned a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in metallurgy from Cornell University and a master of science degree in the same discipline from the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, . He is a member of the American Society for Materials and Wire Association International. Carpenter, headquartered in Reading, manufactures and distributes stainless steel, titanium and other specialty alloys, and various engineered products. Due to acquisitions and internal growth, the company has grown from $570 million in sales in fiscal year 1992 to $939 million in fiscal 1997 (ended June 30, 1997).
CONTACT: Carpenter
Stephanie Zercher, 610/208-2132
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