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South African state lender seeks energy supplies for steel mill

Source: Steel Guru Date: 05 August 2013

Carpenter Technology Corporation said that it had laid off 43 workers and cut 12 unfilled positions across its worldwide footprint.

Mr William J Rudolph Jr., director of corporate communications at the Spring Township specialty steel and alloy maker said that in Reading, 5 people were laid off and 1 position was eliminated.

Mr William A Wulfsohn CEO and President of Carpenter’s said that a 3% workforce reduction of salaried employees worldwide during Carpenter’s fiscal Q4 earnings report Tuesday.

Mr Wulfsohn said that the reduction of the workforce was among the steps the company is taking to better align its cost structure.

Mr Rudolph said that the total number of salaried workers worldwide was 1,855.

Meanwhile, Carpenter is the fifth largest employer in Berks County with more than 2,400 employees, according to the Reading Eagle’s annual Top 25 employers list.

Carpenter Technology Corporation said that it had laid off 43 workers and cut 12 unfilled positions across its worldwide footprint.

Mr William J Rudolph Jr., director of corporate communications at the Spring Township specialty steel and alloy maker said that in Reading, 5 people were laid off and 1 position was eliminated.

Mr William A Wulfsohn CEO and President of Carpenter’s said that a 3% workforce reduction of salaried employees worldwide during Carpenter’s fiscal Q4 earnings report Tuesday.

Mr Wulfsohn said that the reduction of the workforce was among the steps the company is taking to better align its cost structure.

Mr Rudolph said that the total number of salaried workers worldwide was 1,855.

Meanwhile, Carpenter is the fifth largest employer in Berks County with more than 2,400 employees, according to the Reading Eagle’s annual Top 25 employers list.

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