Carpenter Technology Corporation is an international developer, manufacturer and distributor of cast and forged and powder metallurgy specialty alloys / metals (including superalloys, ultra-high-strength steels and stainless steels) and titanium alloys in various product forms. Carpenter Technology The company is headquartered in Reading, Pennsylvania and has manufacturing and distribution operations in the United States, Mexico, Europe and Asia. Its latest facility is a service center in China.
In addition to its professional alloy processing business in Reading, Carpenter also acquired Dynamett Incorporated, a Washington-based manufacturer of titanium alloys, and deployed its tool steel and powder metallurgy business in the Carpenter Powder Products Division (Carpenter) in the 1990s. Powder Products). In January 2011, Carpenter Technology Corporation announced the acquisition of Houston-based Amega West Services for $ 54 million. This agreement expands Carpenter's business in the oil and gas drilling market (Amega West manufactures and services complex drilling components).
About 35% of Carpenter's revenue comes from abroad, and more than half of its international revenue comes from Europe (56%), 22% from the rest of North America (Mexico 14%, Canada 8%), Asia-Pacific 17%, and the rest of the world accounts for The other 5%. For the fiscal year ended June 2010, Carpenter Technology's net sales reached $ 1.2 billion, of which 54% came from special alloy products (up 3% from the previous year), 33% came from stainless steel (down 1%), and 9% From titanium products (down 1%) and other types 4% (down 1% from the previous year). In terms of industry, aerospace (43% of revenue) and industry (23%) were Carpenter Technology's largest customers, and their relative importance to the business remained unchanged between 2009 and 2010. Among other end-users ($ 403.9 million in 2010), the consumer industry (10% of net sales) was the most important, followed by healthcare (9%) and automotive (8%).
As of 2017, Carpenter Technology is divided into two divisions to operate: Specialty Alloys Operations and Performance Engineered Products.
Carpenter Technology develops, manufactures and distributes cast / wrought and powder metal stainless steels and special alloys, including iron-nickel-cobalt-based, stainless steel, excellent corrosion-resistant and controlled expansion alloys; ultra-high-strength and implantable alloys; tool and die steels; And other specialty metals, as well as cast / wrought titanium alloys.
In addition, Carpenter Technology produces and leases downhole drilling tools and components for the oil and gas industry.
Carpenter Technology Corporation distributes its products directly through its distribution network and through independent distributors.
Carpenter Technology provides materials solutions for the aerospace and defense, energy, transportation, medical and industrial, and consumer industries.