By Kari Williamson

The grant to Carpenter Technology will fund investigations of possible methods for recovering waste heat from high-temperature exhaust streams at this manufacturer of specialty cast-wrought and powder metallurgy alloys and titanium alloys, as well as technical support for engineering analysis of the proposed cycle turbine for power generation.

Carpenter is one of 12 recipients of the BFTP/NEP funding, which aims to help northeastern Pennsylvania to a better economic future by building partnerships that develop and apply technology for competitive advantage.

Ben Franklin’s investment is made through its five-year grant from the Alternative Energy Development Program (AEDP), which is designed to provide incentives for collaboration to save energy costs, reduce dependence on foreign fuels, expand clean energy production, and create energy-related jobs in the state.