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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 Cuts the Ribbon on Additive Manufacturing Center

06 December 2019 - Specialty alloys producer Carpenter Technology Corp. has opened a US$40 million, 500,000-square-foot additive manufacturing facility in Alabama, the company has announced.

New Mill to Expand Carpenter Technology's Soft Magnetics Capabilities

27 March 2018 - Carpenter Technology Corp. has announced plans to build a US$100 million hot strip mill at its Reading, Pa., USA, plant, expanding its capability to produce soft magnetic alloys. 

Carpenter Appoints Haniford to Senior Vice President, Specialty Alloys Operations

01 July 2015 - Carpenter Technology Corporation announced that Joseph (Joe) E. Haniford has been named Senior Vice President, Specialty Alloys Operations (SAO), effective Monday, July 13.

Carpenter Technology Names Tony R. Thene to Serve as President and CEO

03 June 2015 - Carpenter Technology Corporation announced that its Board of Directors has appointed Tony R. Thene as Carpenter’s President, Chief Executive Officer (CEO) and member of the Board of Directors, effective July 1, 2015.

Carpenter Technology Reports Second Quarter Results

30 January 2015 - Carpenter Technology Corporation announced financial results for the quarter ended 31 December 2014.

Carpenter Technology Announces Return of Gregory Pratt as CEO

19 November 2014 - Carpenter Technology Corporation’s Board of Directors announced that Gregory A. Pratt will return as CEO of the company, effective immediately.

Carpenter Reports Difficult Start to Q3 but Improvement Seen

27 October 2014 - Carpenter Technology Corp. announced financial results for the quarter ended 30 September 2014.

Carpenter Technology Provides Q1 Fiscal Year 2015 Outlook

02 October 2014 - Carpenter Technology Corporation announced that cost, output, and mix issues at its Specialty Alloys Operations (SAO) locations in Reading and Latrobe, Pa., will negatively impact the company's first quarter (Q1) fiscal year 2015 (FY15) earnings.

QuesTek's High Performance Ferrium® M54® Steel Qualified for Navy T-45 Aircraft Hook Shank Production

20 August 2014 - QuesTek’s Ferrium M54 steel has been qualified to be used in a demanding Navy aerospace application (T-45 hook shanks), in part because it showed more than twice the component life as the existing steel.

Carpenter Reports Improving Quarterly Results

30 July 2014 - Carpenter Technology Corporation announced financial results for the quarter ended 30 June 2014.

Carpenter Commissions SMS Meer Forging Machine in Athens, Ala.

23 July 2014 - Carpenter Technology has successfully commissioned a forging machine supplied by SMS Meer at its mill in Athens, Ala.

Carpenter Technology Posts Strong Quarter Despite Weather-Related Issues

28 April 2014 - Carpenter Technology Corp. said weather-related expenses mask the company's strong operating performance in the first quarter of the year.

Carpenter Technology Provides Update on Expected Third Quarter Earnings

11 April 2014 - Carpenter Technology Corp. said weather-related expenses in the first quarter of the year were roughly double what it expected, negatively impacting earnings.

Carpenter Technology to Raise Base Prices

21 March 2014 - Carpenter Technology Corp. will increase base prices an average of 5% on new orders of specialty stainless, high temperature, electronic, and premium alloy steels in all product forms.

Carpenter Technology Reports Strong Quarter, Sees Positive Signs of Growth

30 January 2014 - Carpenter Technology Corporation announced financial results for the quarter ended 31 December 2013.

Carpenter Technology CEO Addresses AIST and AWMI Pittsburgh Chapters at Joint Meeting

20 November 2013 - The Pittsburgh Chapters of the Association for Iron & Steel Technology (AIST) and the Association of Women in the Metal Industries (AWMI) held their annual joint dinner meeting on 18 November 2013 at the Sheraton Station Square in Pittsburgh.

Carpenter Technology Reports First Quarter Results

29 October 2013 - Carpenter Technology said its team executed at a high level within the context of generally soft market conditions during the quarter ended 30 September 2013.

Carpenter Selects Alabama for New Superalloy Powder Facility

23 October 2013 - Carpenter Technology Corporation will build its new superalloy powder facility in Alabama, directly across the street from its nearly-completed US$518 million ultra-premium product manufacturing facility near Athens in Limestone County.

Carpenter Signs Multi-Level Agreement with UTC; Will Build New Facility for Superalloy Powders

01 October 2013 - Carpenter Technology Corporation has reached a multi-level agreement with United Technologies Corporation (UTC), through its Pratt & Whitney Division, which includes licensing technology associated with the production of superalloy powders and a long-term supply agreement.

Carpenter Technology Reports Results from Challenging Quarter

30 July 2013 - Carpenter Technology Corporation reported its results for the quarter ended 30 June 2013, noting that it is entering fiscal 2014 optimistic about the year, although shorter lead times and low nickel prices provide less visibility about underlying demand.

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