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Carpenter Technology
Carpenter is a leader in the development, manufacture and distribution of cast/wrought and powder metal stainless steels and specialty alloys. It is headquartered in Wyomissing, Pa.
Latest News
Carpenter to Sell Distribution Businesses
28 August 2012 - Carpenter Technology Corporation has commenced a process to sell Latrobe Specialty Steel Distribution and its Mexican distribution business, Aceros Fortuna.
Carpenter Technology Reports Fourth Quarter Results
31 July 2012 - Finishing the year strong and exceeding its financial goals, Carpenter Technology Corporation reported net income attributable to Carpenter of $40.8 million for its fiscal fourth quarter ended 30 June 2012.
2012 Awards for Steel Excellence Winners Announced
22 June 2012 - American Metal Market (AMM) recently announced the winners of this year's Awards for Steel Excellence.
Carpenter Completes Latrobe Acquisition
01 March 2012 - Carpenter Technology has completed its acquisition of Latrobe Specialty Metals following approval by the U.S. Federal Trade Commission. As part of the FTC approval, Carpenter entered into a consent decree to transfer specified assets and technical knowledge to Eramet S.A. and its subsidiaries, Aubert & Duval and Brown Europe.
Carpenter Enters into Agreements on Former Dana Property
27 February 2012 - Carpenter Technology has entered into contractual agreements that will enable it to purchase approximately 50 acres of land, including four buildings, on the former site of Dana Corporation’s Reading operations.
Carpenter Technology Reports Second Quarter Results
30 January 2012 - Carpenter Technology reported net income attributable to Carpenter of $23.6 million ($0.52 per share) for the quarter ended December 31, 2011.
Carpenter and Latrobe Amend Merger Agreement
17 January 2012 - Carpenter Technology has entered into an Amendment of the Merger Agreement with the owners of Latrobe Specialty Metals.
Carpenter Technology’s Amega West Expands Machining Capabilities in Canada
06 December 2011 - Carpenter Technology Corp. has agreed to acquire the assets of ARwin Machining Plus, Ltd. for approximately $1.4 million dollars, with an expected closing by December 15, 2011.
Carpenter Technology Reports First Quarter Results
01 November 2011 - Carpenter Technology Corp. reported net income attributable to Carpenter of $23.8 million ($0.53 per share) on net sales of $414.1 million for the quarter ended September 30, 2011.
Carpenter Selects Alabama as Site for Premium Products Facility
24 October 2011 - Carpenter Technology Limestone County, Ala., as the location for its recently announced new 400,000 square foot state-of-the-art manufacturing facility.
Carpenter Powder Products Plans Facility Expansion in Sweden
15 September 2011 - Carpenter Technology has announced a major expansion of its Carpenter Powder Products facility in Torshälla, Sweden.
Carpenter to Build New Premium Products Facility
26 August 2011 - Carpenter Technology announced plans to construct a new state-of-the-art manufacturing facility capable of producing approximately 27,000 additional tons per year. The new facility is to include remelting, forge, and associated finishing and testing capabilities.
FTC Requests Additional Info Regarding Carpenter’s Acquisition of Latrobe
09 August 2011 - The U.S. Federal Trade Commission has submitted requests to both Carpenter Technology and Latrobe Specialty Metals for additional information regarding Carpenter's pending acquisition of Latrobe.
Carpenter Technology Reports Fourth Quarter Results
29 July 2011 - Carpenter Technology reported net income attributable to Carpenter of $25.5 million on net sales of $483.6 million for the fourth quarter, and net income attributable to Carpenter of $71.0 million on net sales of $1.675 billion for the full year fiscal 2011.
Carpenter Technology Acquires Oilfield Alloys
28 June 2011 - Carpenter announced the acquisition of Singapore-based Oilfield Alloys Pte. Ltd., a manufacturer and distributer of directional drilling equipment in the Asia-Pacific region.
Carpenter Technology to Acquire Latrobe
21 June 2011 - Carpenter Technology Corp. and Latrobe Specialty Metals, Inc. have entered into a definitive merger agreement whereby Carpenter will acquire Latrobe in a transaction valued at approximately $558 million. Closing is expected to occur during the first quarter of FY2012, which ends September 30, 2011.
Carpenter Technology to Expand Reading Facility
03 May 2011 - Carpenter Technology Corp. announced a significant expansion project at its Reading, Pa., facility that will allow for the installation of two additional Electroslag Remelting Furnaces and increase capacity for Forge Finishing and Annealing operations.
Carpenter Introduces New High Strength, High Toughness Alloy
25 March 2011 - Carpenter Technology unveils its newly-developed TEMPER TOUGH™ alloy, a new ultra high-strength steel alloy that is a lower-cost alternative to many cobalt-containing precipitation hardenable alloys.
New Carpenter Alloy Combines High Strength and Toughness
15 March 2011 - Carpenter Technology introduces Temper Tough™ alloy, a new ultra high-strength steel alloy that is a lower cost alternative to many cobalt-containing precipitation hardenable alloys.
Carpenter Technology Announces Columbium Surcharge
10 February 2011 - Carpenter Technology will implement a columbium (Cb / Nb) surcharge effective with shipments beginning March 1, 2011.
