Carpenter Buys Former Dana Site

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Carpenter Technology Corp. announced Friday that it has purchased the former Dana Corp. industrial site for about $6 million.

The Spring Township-specialty steel and alloy maker bought the 50-acre industrial property where General Motors vehicle frames were once produced from Reading Industrial Investments Corp., Ambler, Montgomery County.

What Carpenter got in the deal is about 40 acres of land and an additional area where four buildings are located, at West Robeson and Weiser streets, adjacent to Carpenter’s East Shore property.

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