[3], In 1905, the company developed a prime grade chrome-nickel steel and by 1908 it had created 10 other steels that were used to make automobile chassis. Greater Los Angeles Area. hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, 'd267cf9b-a5fc-4000-9a41-856956a927cd', {}); We are a global leader in high-performance specialty alloy-based materials and process solutions for critical applications in the aerospace, transportation, defense, energy, industrial, medical, and consumer electronics markets. The average Carpenter Technology Corporation salary ranges from approximately $43,947 per year for Customer Service Representative to $162,902 per year for Operations Manager. CRS | Complete Carpenter Technology Corp. stock news by MarketWatch. [21], In December 2009, the company launched the PremoMet alloy for high demand diesel engine components. About Carpenter Technology Corp. Carpenter Technology Corp. engages in the manufacture, fabrication, and distribution of specialty metals. Find the right material for your project. hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, '621fa325-2a8a-43a0-a965-e9b60b44ef94', {}); Learn more about how we are transforming supply, processes, and products. It was 0.15% sulfur to make it easier to machine. Corrosion, heat, and pressure resistant specialty alloys and stainless steels for valves, fittings, and fasteners. The Carpenter Technology Corporation was struck today by 498 members of the United Steelworkers of America Local 2215, who rejected a three-year contract proposal. [23], In January 2011, the company acquired Amega West Services for $54 million, which expanded its business in the oil and gas drilling market. [6], In 1957, after Northeastern Steel filed bankruptcy, it was acquired by Carpenter. Good … In May 1983, the company acquired Eagle Precision Metals of Fryeburg, Maine, a precision drilling facility that produced high quality hollow steel bars. [5], In June 1937, Carpenter Steel Company became a public company via an initial public offering. ET. [5], In 1961, the company acquired NTH Products of El Cajon, California. From deriving scale factors to staying on mass budget, we share our lessons learned and best practices. CARPENTER TECHNOLOGY CORP annual reports of executive … Our branch of 3D printing experts, Carpenter Additive, reports on their study to create a systematic framework to optimize additive manufacturing for Nitinol, used in the medical market for its superior superelasticity and shape memory effect. Savings Plan of Carpenter Technology Corporation is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. [3], During World War II, the company's stainless steel was used in engine parts, steel fasteners, and cockpit instruments for fighter planes and bombers; components of Sherman tanks and submarines; radio masts for PT boats and radio equipment for battle fronts; and medical supplies such as hypodermic needles and surgical implements. Find out what works well at Carpenter Technology Corporation from the people who know best. On June 18, 2002, five plaintiffs filed a suit against the company to recover costs that had been paid to the United States Environmental Protection Agency to cleanup the Boarhead Farms Superfund site in Bucks County, Pennsylvania. The routing of the Spanish fleet in the Battle of Manila Bay during the Spanish–American War of 1898 was credited in part to projectiles made by Carpenter. View real-time stock prices and stock quotes for a full financial overview. [4], Components of the engine of the "Spirit of St. Louis", Charles Lindbergh's plane that flew across the Atlantic Ocean in May 1927, were made from Carpenter steel. It operates through the Specialty Alloys Operations … Get directions, reviews and information for Carpenter Technology Corp in Reading, PA. Carpenter Technology Corp 101 Bern St Reading PA 19601. [17], In October 1998, the company announced a $113.6 million investment to expand its Pennsylvania melt shop. The company is among the leading international … hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, 'a8ca1ef4-2f69-4085-9a2d-e6446410d1f2', {}); We bring manufacturing technologies together with an extensive array of high-quality materials to deliver breakthrough performance. Carpenter plant, circa 2010, looking north. Carpenter Technology's reported EPS has stacked up against analyst estimates in the past like this: Quarter Q1 2020 Q4 2020 Q3 2020 Q2 2020; EPS Estimate-0.58-0.35: 0.77: 0.87: EPS … Specialty alloys for durable and nondurable consumer goods applications from consumer electronics to sporting goods. The plant was closed in 2012. Phone: 909-476-**** 909-476-764000 (click to … Business data for Carpenter Technology Corporation: This page was last edited on 30 January 2021, at 01:31. [5], In 1934, during the Great Depression, the company introduced new stainless steels with additives of selenium, tellurium, and chrome and nickel. Step inside the world of Carpenter Technology’s research and development to learn about our material innovations and the breakthroughs in additive manufacturing and electrification technologies from our team of over 400 metallurgists and application engineers. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator. The company released more than 1.2 million pounds of toxic chemical waste into the Schuylkill River and was the 4th-largest polluter of toxic chemicals in Pennsylvania in 2007; however, it is not clear whether the discharge amounts were within the allowed federal permit limits.[30]. Carpenter's primary geographic market is the US (some 65% of sales), but the company claims customers worldwide. It operates in two segments: Specialty Alloys … Carpenter Technology is leading innovation and excellence by leveraging our technical strengths, distinct products, and extraordinary process capabilities to provide you with value-added solutions that create … [4], In 1917, the company manufactured its first high-strength, chemical-resistant stainless steel, which was immediately used in airplane engine components, cutlery, and spark plugs. Reviews (610) 208-2000 Website. Carpenter Technology Corporation develops, manufactures, and distributes stainless steels and corrosion-resistant alloys. [10], In September 1986, 498 employees of the company participated in a strike action. Using an updated browser will provide a better experience. Site: kencogroup.com, carpenterdirect.com. [19] She became the first female CEO in the companies history. We help you think it through. Building renovation around Rancho Cucamonga is … [4][5], In 1929, the Pierce-Arrow Motor Car Company used 24 pounds of stainless steel as trim on each of its cars. Members (3): Jeff Allbee … [27], In July 2018, the company announced plans to invest $52 million in a research and development center on its campus in Athens, Alabama.[28]. We grew to be one of the world’s leading specialty materials manufacturers by listening, learning, and solving extreme challenges. hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, '653802aa-fd87-44fd-be68-4ba31f3e7ef7', {}); We do that by developing better materials and smarter processes that transform what you are able to do and how you do it.