Perryman Co.

Perryman will invest $50 million in two new furnaces at its California, Pa., plant, citing strong demand from the aerospace industry. The furnaces will be installed late 2018 and will create about 50 new jobs once they are fully operational in mid-2019. The furnaces will also produce titanium for customers in the medical industry and manufacturers that use the high-strength, lightweight metal to 3-D print parts and components.