Magnetics Business & Technology - May/June 2020 - 11

FEATURE ARTICLE
Total investment by Carpenter in the state is now over $600 million, the company reported.

In an exclusive interview with Magnetics Magazine in December, Thene elaborated on various aspects of the company's strategic moves and recent developments.
Do magnetic materials play any role in the initial activities at
the ETC?

"The initial phase of the ETC buildout, happening now, is
focused on additive manufacturing. Subsequent phases being
considered relate to the creation of innovative and cost-effective Soft Magnetic components. It is a technology strategy we
are actively exploring and would expect to demonstrate at scale
in the ETC."

Please expand on your future plans regarding Soft Magnetics.

Carpenter Technology's high performance soft magnetic solutions have been instrumental in maximizing the power and
efficiency of electric machines often used as motors, generators
and auxiliary power units in aerospace applications. Recent
developments and performance roadmaps for more electric aircraft and land-based hybrid- and fully- electric vehicles require
ever-increasing power densities and efficiencies.
We have undertaken strategic investments to meet these
needs, including our previously announced $100 million strip
mill investment on our Reading, PA campus, which will position
Carpenter Technology as a trusted and scalable global partner
for customers looking to build upon their electrification capabilities. In addition, we have research and development activities

that target improvements in electrical, magnetic, mechanical,
and thermal performance, with particular emphasis in maximizing permeability, and induction levels while minimizing core
loss.
The unique requirements for electrification in aerospace,
defense, and automotive dictates a variety of approaches for
optimal soft magnetic motor stack and power components design. Advanced equipment, scalable processing methods, and
state-of-the-art material with proven quality control are essential
to maximize the performance of rotors, stators, transformer and
other magnetic cores.
New capabilities provided by recent investments in a Soft
Magnetics Center of Excellence in Reading, PA will advance
the state-of-the-art for soft magnetics and establish critical
capability for an ever-expanding industry. As we look ahead to
the future, there may be opportunities for additional investments
in both Athens and Reading to meet the expected technical and
supply demands for electrification across all industries. [End of
Interview]
Subsequent to the interview, on January 30 when announcing
the company's quarterly financials, Thene noted that the expansion at Reading remains on track. "The construction of our hot
strip mill on our Reading campus remains on target and will
enable us to further capitalize on our soft magnetics solutions
portfolio and the anticipated growth associated with expanding
electrification initiatives across multiple markets."
For more info, see www.cartech.com.

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May/June 2020 * Magnetics Business & Technology

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Magnetics Business & Technology - May/June 2020

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