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Carpenter Technology takes steps to cut costs, strengthen operations

2015-04-01 12:04:08| Steel - Topix.net

Carpenter Technology Corporation announced a restructuring plan Tuesday that, officials said, will help the company cut costs, improve profitability and strengthen operations. The $30 million savings plan includes reducing Carpenter's salaried positions by approximately 200, or 10 percent of the Berks County-based company's salaried workforce, officials said.

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