By Kari Williamson

The demand for alloy products are primarily coming from the fast-growing aerospace and energy industries.

The facility will ultimately be capable of producing approximately 27,000 tonnes per year of additional product and will be designed with modern technology and optimum product flow to meet customer requirements for reduced lead times, Carpenter Technology says.

"The site selection process began with about 250 worldwide locations, and we narrowed it down to a dozen, including two Pennsylvania locations," says William A. Wulfsohn, President & CEO.

"After further analysing state, county and local incentives, utility costs, and labour resources, we felt Limestone County provided the best opportunity for us to expand our core business. The state of Alabama and local government entities put together a very compelling package including various tax initiatives, infrastructure grants, and training programs."

The facility is expected to be operational in about 30 months, and has a total cost of approximately US$500 million including remelting, forging, and associated finishing and testing capabilities.