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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 Technology Acquires Amega West Services
04 January 2011 - Carpenter Technology expands its reach in the oil & gas market with the acquisition of Amega West Services, LLC, a manufacturer and service provider of complex components for directional drilling equipment, for approximately $54 million.
Carpenter Technology Reports First Quarter Results
02 November 2010 - Carpenter Technology Corp. reported net income of $7.6 million, or $0.17 per share, for the quarter ended September 30, 2010. This compares to a net loss of $9.3 million, or negative $0.21 per share, for the same quarter a year ago. Net sales for the first quarter were $351.7 million, up 50% from the prior year.
Carpenter Technology, Sandvik Partner in Powder Technology
20 October 2010 - Carpenter Technology Corp. and Sandvik Materials Technology have established a strategic partnership to mutually reinforce each company’s long-term commitment in powder metal products. Carpenter Technology will acquire a 40% interest in Sandvik Powdermet AB, and Sandvik AB will acquire a 40% interest in Carpenter Powder Products AB.
Carpenter Technology Announces New President and CEO
08 June 2010 - Carpenter Technology announces the selection of William A. Wulfsohn as the company’s new President and CEO, replacing Gregory A. Pratt, who is currently serving as interim CEO and President.
Talley Metals to Raise Prices on Stainless Products
06 May 2010 - Talley Metals Technology is increasing base prices by an average of 5% on all stainless steel products, effective for orders placed on or after June 1, 2010.
AK Steel, Carpenter Announce Price Increases
04 May 2010 - AK Steel announces increases of 6 to 9% on base prices for all 200, 300 and 400 series flat rolled stainless steel products, while Carpenter announces an average 5% increase in base prices for all specialty stainless, high temperature and electronic alloys in all product forms.
Carpenter Technology Reports Q3 Results
03 May 2010 - Carpenter Technology Corp. reported net income of $2.1 million ($0.05 per diluted share) for the third quarter ended March 31, 2010, compared to $13.1 million ($0.30 per diluted share) for the 2009 third quarter.
Carpenter to Record Q3 Non-Cash Expense Related to New U.S. Health Care Law
02 April 2010 - Carpenter Technology will record a non-cash charge of approximately $5.9 million, or $0.13 per share, in its third quarter ending March 31, 2010, as a result of the recently enacted health care reform legislation.
Carpenter Technology Reports 2nd Quarter Results
28 January 2010 - Carpenter Technology announced net income of $3.5 million ($0.08 per diluted share) for the second quarter ended December 31, 2009. This compares with net income of $29.8 million ($0.68 per diluted share) for the year-ago second quarter.
Carpenter Technology Announces Completion of Syndicated Credit Facility
30 November 2009 - Carpenter Technology completes a three-year, $200-million syndicated credit facility.
Carpenter Technology Reports 1st Quarter Results
04 November 2009 - Carpenter Technology reports a net loss of $9.3 million on net sales of $233.7 million for the fiscal first quarter ended September 30, 2009.
Carpenter Technology Announces New Leadership
13 October 2009 - The company formally splits the roles of Chairman and Chief Executive Officer into two positions. The Board of Directors appoints Gregory A. Pratt to serve as chair of the Board and interim CEO and President.
Carpenter Launches New Alloys for Knife Blades
07 October 2009 - Carpenter Technology is introducing Carpenter CTS-BD1, a new alloy that is part of its CTS alloys suite. These alloys are suitable for use in consumer, industrial, and medical knife blade applications.
Carpenter Technology, Manhattan Scientifics Partner to Commercialize Metal Alloys
22 September 2009 - Carpenter Technology and Manhattan Scientifics announce a joint technology agreement involving a new class of high-strength metals with applications in medical, aerospace, transportation, energy, defense, and consumer products.
Carpenter Technology Reports 4th Quarter, Full Year Results
31 July 2009 - Carpenter Technology reports a $20.8 million loss from continuing operations on net sales of $256.9 million for the fiscal fourth quarter and $47.9 million net income on net sales of $1.362 billion for the full fiscal year ended June 30, 2009.
Carpenter Technology Reports Third Quarter Results
29 April 2009 - Carpenter Technology Corporation today reported income from continuing operations of $13.1 million or $0.30 per diluted share for the fiscal third quarter ended March 31, 2009
Carpenter Technology Reports Third Quarter Results
29 April 2009 - Carpenter Technology Corporation today reported income from continuing operations of $13.1 million or $0.30 per diluted share for the fiscal third quarter ended March 31, 2009
Carpenter, ATI Veterans Elected as SSINA Chairman, Vice Chairman
26 March 2009 - The Specialty Steel Industry of North America announces the election of Sunil Y. Widge, Chief Technology Officer Emeritus, Carpenter Technology as SSINA’s new Chairman, and Carl R. Moulton, Vice President—International, Allegheny Technologies, as Vice Chairman.
Carpenter, ATI Veterans Elected as SSINA Chairman, Vice Chairman
26 March 2009 - The Specialty Steel Industry of North America announces the election of Sunil Y. Widge, Chief Technology Officer Emeritus, Carpenter Technology as SSINA’s new Chairman, and Carl R. Moulton, Vice President—International, Allegheny Technologies, as Vice Chairman.
Carpenter Lowers Outlook, Announces Closure of UK Strip Facility
23 March 2009 - Carpenter Technology revises its sales and operating margin expectations for the second half of its fiscal year downward, as it also announces closure of its Crawley, U.K., metal strip manufacturing facility as part of an overall plan to reduce fixed costs and optimize capacities.
