Profile: Carpenter Technology Corp (CRS.N)
2 Dec 2016
Carpenter Technology Corporation, incorporated on October 3, 1968, is engaged in the manufacturing, fabrication and distribution of specialty metals. The Company's segments include Specialty Alloys Operations (SAO) and Performance Engineered Products (PEP). The Company develops, manufactures and distributes cast/wrought and powder metal stainless steels, and special alloys, including high temperature (iron-nickel-cobalt base), stainless, corrosion resistant, controlled expansion alloys, ultra-high strength and implantable alloys, tool and die steels and other specialty metals, as well as cast/wrought titanium alloys. The Company manufactures and rents down-hole drilling tools and components used in the oil and gas industry. It provides material solutions to the changing needs of the aerospace and defense, energy, transportation, medical and industrial and consumer industries.
Specialty Alloys Operations
The Company's SAO segment consists of alloy and stainless steel manufacturing operations. This includes operations performed at mills primarily in Reading and Latrobe and surrounding areas in Pennsylvania, South Carolina and Alabama. The principal locations of its domestic integrated mills in its SAO segment are located in Reading and Latrobe, Pennsylvania and Athens, Alabama. In addition, SAO operates a mini mill manufacturing stainless steel bar and wire in Hartsville, South Carolina.
Performance Engineered Products
The Company's PEP segment consists of differentiated operations. This segment includes the Dynamet titanium business, the Carpenter Powder Products business, the Amega West business, the Specialty Steel Supply business and the Latrobe and Mexico distribution businesses. The principal locations for PEP businesses include titanium alloy production facilities located in Washington, Pennsylvania and Clearwater, Florida. It has powder products manufacturing facilities in Bridgeville, Pennsylvania; Athens Alabama and Woonsocket, Rhode Island, and a facility in Houston, Texas for manufacturing of machined components used in the drilling, exploration and production of oil and gas. The PEP segment also includes domestic leased warehouses and service centers located in Houston, Texas; San Antonio, Texas; Midland, Texas; Oklahoma City, Oklahoma; Casper, Wyoming; Lafayette, Louisiana; West Alexander, Pennsylvania; Vienna, Ohio; Chicago, Illinois; Pinehurst, Texas, and Mobile, Alabama. The PEP segment includes one owned service center in White House, Tennessee.
Carpenter Technology Corp
2 Meridian Blvd
READING PA 19610-3202