Carpenter in $1.4M deal to buy ARwin Machining

Dec 05, 2011 | 12:47 PM | Thorsten Schier

Tags  Carpenter Technology, ARwin Machining, Reddy Godula, Amega West, Thorsten Schier

NEW YORK — Carpenter Technology Corp. has agreed to acquire Canadian machining company ARwin Machining Plus Ltd. for $1.4 million, the company said Monday.

Nisku, Alberta-based ARwin’s assets will become part of Amega West Services LLC, a Carpenter subsidiary that specializes in the manufacture of directional drilling equipment, according to a statement by the company. The transaction is expected to close Dec.....

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