Reading, PA, United States

Carpenter Technology Corporation

www.cartech.com
Reading, PA, United States

Carpenter Technology Corporation is an international developer, manufacturer and distributor of cast wrought and powder metallurgy specialty alloys/metals including superalloys, ultra-high strength steels, and stainless steel, as well as titanium alloys in a range of product forms. Headquartered in Reading, Pennsylvania, Carpenter Technology maintains manufacturing and distribution operations throughout the United States, Mexico, Europe and Asia. Its most recent facility is a service center in China. In addition to the specialty alloys operation based in Reading, Carpenter acquired Dynamet Incorporated, Washington, Pa., a titanium alloy producer, and placed its tool steel and powder metallurgy business in the Carpenter Powder Products unit during the 1990s. In January 2011, the company announced the acquisition of Houston-based Amega West Services for $54 million; the deal expands Carpenter's business in the oil and gas drilling market .About 35% of revenue comes from business abroad, over half of that from Europe , 22% from the rest of North America , Asia pacific 17% with the rest of the world accounting for the other 5%. For the fiscal year ended June 2010 company net sales amounted to $1.2 billion 54% of which came from the sale of special alloy products , 33% from stainless steels , 9% from titanium products and 4% from other types . The aerospace and industrial industries are by far the largest end users of Carpenter Technology; their relative importance to business was unchanged between 2009 and 2010. Among other end users the consumer endustry was most important followed by medical and automotive . Wikipedia.

SEARCH FILTERS
Time filter
Source Type

News Article | May 4, 2017
Site: marketersmedia.com

Wiseguyreports.Com Adds “Nickel Alloy -Market Demand, Growth, Opportunities and Analysis of Top Key Player Forecast To 2022” To Its Research Database This report studies Nickel Alloy in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering By types, the market can be split into By Application, the market can be split into Automotive Aerospace Electronics Medical Other By Regions, this report covers (we can add the regions/countries as you want) North America China Europe Southeast Asia Japan India Global Nickel Alloy Market Professional Survey Report 2017 1 Industry Overview of Nickel Alloy 1.1 Definition and Specifications of Nickel Alloy 1.1.1 Definition of Nickel Alloy 1.1.2 Specifications of Nickel Alloy 1.2 Classification of Nickel Alloy 1.2.1 Nickel-aluminium Alloys? 1.2.2 Nickel-chromium Alloys 1.2.3 Nickel-titanium Alloys 1.2.4 Others 1.3 Applications of Nickel Alloy 1.3.1 Automotive 1.3.2 Aerospace 1.3.3 Electronics 1.3.4 Medical 1.3.5 Other 1.4 Market Segment by Regions 1.4.1 North America 1.4.2 China 1.4.3 Europe 1.4.4 Southeast Asia 1.4.5 Japan 1.4.6 India 8 Major Manufacturers Analysis of Nickel Alloy 8.1 Haynes International 8.1.1 Company Profile 8.1.2 Product Picture and Specifications 8.1.2.1 Product A 8.1.2.2 Product B 8.1.3 Haynes International 2016 Nickel Alloy Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.1.4 Haynes International 2016 Nickel Alloy Business Region Distribution Analysis 8.2 Special Metals 8.2.1 Company Profile 8.2.2 Product Picture and Specifications 8.2.2.1 Product A 8.2.2.2 Product B 8.2.3 Special Metals 2016 Nickel Alloy Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.2.4 Special Metals 2016 Nickel Alloy Business Region Distribution Analysis 8.3 High Performance Alloys 8.3.1 Company Profile 8.3.2 Product Picture and Specifications 8.3.2.1 Product A 8.3.2.2 Product B 8.3.3 High Performance Alloys 2016 Nickel Alloy Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.3.4 High Performance Alloys 2016 Nickel Alloy Business Region Distribution Analysis 8.4 H.C. Starck 8.4.1 Company Profile 8.4.2 Product Picture and Specifications 8.4.2.1 Product A 8.4.2.2 Product B 8.4.3 H.C. Starck 2016 Nickel Alloy Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.4.4 H.C. Starck 2016 Nickel Alloy Business Region Distribution Analysis 8.5 Kennametal Stellite 8.5.1 Company Profile 8.5.2 Product Picture and Specifications 8.5.2.1 Product A 8.5.2.2 Product B 8.5.3 Kennametal Stellite 2016 Nickel Alloy Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.5.4 Kennametal Stellite 2016 Nickel Alloy Business Region Distribution Analysis 8.6 MetalTek 8.6.1 Company Profile 8.6.2 Product Picture and Specifications 8.6.2.1 Product A 8.6.2.2 Product B 8.6.3 MetalTek 2016 Nickel Alloy Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.6.4 MetalTek 2016 Nickel Alloy Business Region Distribution Analysis 8.7 Sandvik 8.7.1 Company Profile 8.7.2 Product Picture and Specifications 8.7.2.1 Product A 8.7.2.2 Product B 8.7.3 Sandvik 2016 Nickel Alloy Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.7.4 Sandvik 2016 Nickel Alloy Business Region Distribution Analysis 8.8 ATI 8.8.1 Company Profile 8.8.2 Product Picture and Specifications 8.8.2.1 Product A 8.8.2.2 Product B 8.8.3 ATI 2016 Nickel Alloy Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.8.4 ATI 2016 Nickel Alloy Business Region Distribution Analysis 8.9 Goodfellow 8.9.1 Company Profile 8.9.2 Product Picture and Specifications 8.9.2.1 Product A 8.9.2.2 Product B 8.9.3 Goodfellow 2016 Nickel Alloy Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.9.4 Goodfellow 2016 Nickel Alloy Business Region Distribution Analysis 8.10 Carpenter Technology Corporation 8.10.1 Company Profile 8.10.2 Product Picture and Specifications 8.10.2.1 Product A 8.10.2.2 Product B 8.10.3 Carpenter Technology Corporation 2016 Nickel Alloy Sales, Ex-factory Price, Revenue, Gross Margin Analysis 8.10.4 Carpenter Technology Corporation 2016 Nickel Alloy Business Region Distribution Analysis 8.11 VDM Metals 8.12 Ametek 8.13 Alloy Wire International 8.14 FloMet LLC 8.15 Wall Colmonoy Corporation 8.16 Columbia Metals 8.17 Designed Alloy Products 8.18 Precision Castparts Co. 8.19 J&J Alloys For more information, please visit https://www.wiseguyreports.com/sample-request/1240252-global-nickel-alloy-market-professional-survey-report-2017


News Article | April 19, 2017
Site: www.materialstoday.com

Carpenter Technology Corporation plans to increase base prices 3% to 8% on new non-contract orders of specialty stainless, high temperature, electronic and premium alloy steels across all product forms. The increases become effective for orders placed after March 31, 2017 and all applicable surcharges will remain in effect. This story uses material from Carpenter, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.


News Article | May 22, 2017
Site: www.prnewswire.com

Browse 126 market data Tables and 60 Figures spread through 185 Pages and in-depth TOC on "Duplex Stainless Steel Market" http://www.marketsandmarkets.com/Market-Reports/duplex-stainless-steel-market-32316483.html Early buyers will receive 10% customization on this report. The growing demand for duplex stainless steel from various end-use industries, including the growing construction and oil & gas industries, and rising cost of raw materials used to manufacture stainless are among the factors driving the growth of the duplex stainless steel market, globally. Based on product form, the tubes segment is estimated to lead the Duplex Stainless Steel Market during the forecast period. Based on product form, the tubes segment dominated the Duplex Stainless Steel Market in 2016. This dominance can be attributed to the rising demand for tubes, mainly from the oil & gas and chemical & petrochemical industry. Duplex stainless steel is extensively used in these industries because of its high resistance to pitting and crevice corrosion, stress corrosion cracking in chloride bearing environments, sulfide stress corrosion, very high mechanical strength, and high energy absorption, low coefficient of thermal expansion, and good workability and weldability. Duplex stainless steel based tubes are mainly used in offshore oil & gas exploration and production, heat exchangers in chemical industry, and in hydraulic and instrumentation applications in marine industry. Duplex stainless steel is widely used in the oil & gas industry. Based on end-use industry, the oil & gas industry segment dominated the Duplex Stainless Steel Market in 2016. Over the past few decades, corrosive conditions in the oil & gas industry have steadily grown in severity. The offshore oil industry continually pushes oil exploration to greater depths, which leads to higher pressure conditions and harsher environments. To adapt to these difficult environments, and to safeguard against the high cost of component failure, it has become critical to ensure that the right alloys are used. As the depth for exploration increases, piping becomes heavier. The superior mechanical strength of duplex stainless steel helps create lighter pipes. Duplex stainless steel is used in process piping systems, separators, scrubbers, pumps, manifolds, Christmas tree components, and flowlines and pipelines transporting corrosive oils and gas. Asia-Pacific is the largest market for duplex stainless steel Asia-Pacific is the most promising market for duplex stainless steels and is projected to remain the same in the coming years as well. Continuously increasing production of the manufacturing sector to cater domestic requirements for high-quality products and rising number of export activities in the region are the factors leading to an increased demand for duplex stainless steel in the region. Moreover, increasing population and growing number of end-use industries in the Asia-Pacific region have also led to innovations and developments in the field of duplex stainless steel, thereby fueling the growth of the Asia-Pacific duplex stainless steel market. Key players in the Duplex Stainless Steel Market Outokumpu Oyj (Finland), Tata Steel (India), Jindal Steel (India), ArcelorMittal S.A. (Luxembourg), POSCO Group (South Korea), Acerinox S.A. (Spain), Sandvik Materials Technology AB (Sweden), Allegheny Technologies Incorporated (U.S.), Daido Steel Co., Ltd. (Japan), Nippon Yakin Kogyo Co Ltd. (Japan), AK Steel Holding Corporation (U.S.), Carpenter Technology Corporation (U.S.), ThyssenKrupp AG (Germany), and Voestalpine AG (Austria), among others. High Speed Steels Market by Product Type (Metal Cutting Tools, Cold Working Tools, Others), End-Use Industry (Automotive Industry, Plastic Industry, Aerospace Industry, Energy Sector, Others), Region - Global Forecasts to 2021 http://www.marketsandmarkets.com/Market-Reports/tool-steel-market-230635068.html High Strength Steel Market by Type (High Strength Low Alloy Steels, Dual Phase Steels, Bake Hardenable Steels, Carbon Manganese Steels, and Others), by End User (Automotive, Construction, and Others), by Region - Global Forecast to 2021 http://www.marketsandmarkets.com/Market-Reports/high-strength-steel-market-4627428.html MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets


News Article | July 17, 2017
Site: globenewswire.com

PHILADELPHIA, July 17, 2017 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE:CRS) plans to host a conference call and webcast on Thursday, July 27, 2017 at 10:00 a.m. ET to discuss the results of operations for the fourth quarter and full year fiscal 2017, ended June 30, 2017. The call and webcast will follow the release of fourth quarter and full year fiscal 2017 financial results before the market opens on Thursday, July 27, 2017. Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels.  Carpenter’s high-performance materials and advanced process solutions are an integral part of critical applications used within the aerospace, transportation, medical and energy markets, among other markets.  Building on its history of innovation, Carpenter’s powder technology capabilities support a range of next-generation products and manufacturing techniques, including additive manufacturing or 3D Printing.  Information about Carpenter can be found at www.cartech.com.


News Article | July 27, 2017
Site: globenewswire.com

PHILADELPHIA, July 27, 2017 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE:CRS) (the “Company”) today announced financial results for the fourth quarter and fiscal year ended June 30, 2017.  The Company reported net income of $25.5 million or $0.54 earnings per share for the fourth quarter of fiscal year 2017. Excluding special items, adjusted earnings per diluted share was $0.58 for the quarter. “Our strong fourth quarter results reflect the continued execution of our strategy to be an irreplaceable solutions provider coupled with the continued success from the rollout of the Carpenter Operating Model and commercial organization realignment,” said Tony Thene, Carpenter’s President and CEO. “While conditions continue to strengthen in many of our end-use markets, we are gaining momentum as a complete solutions provider for our diverse customer base. In the Aerospace and Defense end-use market, we continue to see increasing demand for our products across our diversified sub-markets, especially engines, where we are seeing continued healthy order flows related to the next generation engines. We are experiencing similar momentum across other markets, such as the oil & gas sub-market, where our Amega West business continues to benefit from our investments in new products over the last several years. In addition, we see stronger demand in both the Aerospace and Medical end-use markets for our titanium solutions. The improved productivity levels achieved through the Carpenter Operating Model at our Dynamet facilities have allowed us to capture this incremental demand while also shortening our lead times and strengthening our customer relationships.” “Overall, fiscal year 2017 was a successful one as we continued to build upon our foundation for long-term sustainable growth through our progress in becoming a complete solutions provider, as well as our expansion in core growth areas including titanium powder and additive manufacturing. We enter fiscal year 2018 with notable operating momentum as we focus on leveraging our solutions-based commercial approach and realigned sales team to drive backlog growth, broaden applications for our products and deepen customer relationships across our end-use markets.  Overall, we remain well positioned to build on our progress in the year ahead, as we seek to expand market share, drive additional efficiency gains and grow the intrinsic value of our organization to the benefit of our shareholders.” Net sales for the fourth quarter of fiscal year 2017 were $507.7 million compared with $457.7 million in the fourth quarter of fiscal year 2016, an increase of $50.0 million (or 10.9 percent), on flat volume.  Net sales excluding surcharge were $438.9 million, an increase of $33.2 million (or 8.2 percent) from the same period a year ago. Operating income was $44.6 million compared to $29.2 million in the prior year period. Operating income—excluding pension earnings, interest and deferrals (EID) and special items—was $53.4 million, compared to $36.1 million in the prior year period.  These results primarily reflect higher sales and improving mix compared to the same quarter a year ago as well as the continued positive impact of the Carpenter Operating Model. During the fourth quarter, the Company divested Specialty Steel Supply Inc. (SSS), a distribution business based in Texas.  The divestiture was completed in two separate transactions with cash proceeds totaling $12.0 million. The results for the current fourth quarter include a pre-tax charge of $3.2 million recorded in connection with the divestiture. Cash provided from operating activities in the fourth quarter of fiscal year 2017 was $93.8 million, compared to $119.7 million in the same quarter last year.  The decrease in operating cash flow was primarily related to higher working capital levels, mostly accounts receivable, driven by improving sequential sales in the fourth quarter of fiscal year 2017. Free cash flow in the fourth quarter of fiscal year 2017 was $64.4 million, compared to free cash flow of $83.2 million in the same quarter last year. Capital expenditures were $35.4 million in the fourth quarter of fiscal year 2017 compared to $29.1 million in the same quarter last year. For the full fiscal year 2017, capital expenditures were $98.5 million. Total liquidity, including cash and available revolver balance, was $460.2 million at the end of the fourth quarter of fiscal 2017.  This consisted of $66.3 million of cash and $393.9 million of available borrowings under the Company’s credit facility. Carpenter will host a conference call and webcast presentation today, July 27th at 10:00 a.m. ET, to discuss the financial results and operations for the fourth quarter and full year fiscal 2017.  Please dial +1 412-317-9259 for access to the live conference call.  Access to the live webcast will be available at Carpenter’s website (http://www.cartech.com), and a replay will soon be made available at http://www.cartech.com. Presentation materials used during this conference call will be available for viewing and download at http://www.cartech.com. This press release includes discussions of financial measures that have not been determined in accordance with U.S. Generally Accepted Accounting Principles (GAAP).  A reconciliation of the non-GAAP financial measures to their most directly comparable financial measures prepared in accordance with GAAP, accompanied by reasons why the Company believes the non-GAAP measures are important, are included in the attached schedules. Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels.  Carpenter’s high-performance materials and advanced process solutions are an integral part of critical applications used within the aerospace, transportation, medical and energy markets, among other markets.  Building on its history of innovation, Carpenter’s powder technology capabilities support a range of next-generation products and manufacturing techniques, including additive manufacturing or 3D Printing.  Information about Carpenter can be found at http://www.cartech.com. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected, anticipated or implied. The most significant of these uncertainties are described in Carpenter’s filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended June 30, 2016, Form 10-Q for the quarters ended September 30, 2016, December 31, 2016 and March 31, 2017 and the exhibits attached to those filings. They include but are not limited to: (1) the cyclical nature of the specialty materials business and certain end-use markets, including aerospace, defense, industrial, transportation, consumer, medical and energy, or other influences on Carpenter’s business such as new competitors, the consolidation of competitors, customers and suppliers, or the transfer of manufacturing capacity from the United States to foreign countries; (2) the ability of Carpenter to achieve cash generation, growth, earnings, profitability, operating income, cost savings and reductions, qualifications, productivity improvements or process changes; (3) the ability to recoup increases in the cost of energy, raw materials, freight or other factors; (4) domestic and foreign excess manufacturing capacity for certain metals; (5) fluctuations in currency exchange rates; (6) the degree of success of government trade actions; (7) the valuation of the assets and liabilities in Carpenter’s pension trusts and the accounting for pension plans; (8) possible labor disputes or work stoppages; (9) the potential that our customers may substitute alternate materials or adopt different manufacturing practices that replace or limit the suitability of our products; (10) the ability to successfully acquire and integrate acquisitions; (11) the availability of credit facilities to Carpenter, its customers or other members of the supply chain; (12) the ability to obtain energy or raw materials, especially from suppliers located in countries that may be subject to unstable political or economic conditions; (13) Carpenter’s manufacturing processes are dependent upon highly specialized equipment located primarily in facilities in Reading and Latrobe, Pennsylvania and Athens, Alabama for which there may be limited alternatives if there are significant equipment failures or a catastrophic event; (14) the ability to hire and retain key personnel, including members of the executive management team, management, metallurgists and other skilled personnel; (15) fluctuations in oil and gas prices and production; and (16) the success of actions taken to reduce costs associated with retirement and pension plans. Any of these factors could have an adverse and/or fluctuating effect on Carpenter’s results of operations. The forward-looking statements in this document are intended to be subject to the safe harbor protection provided by Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. Carpenter undertakes no obligation to update or revise any forward-looking statements. The Company has two reportable segments, Specialty Alloys Operations (“SAO”) and Performance Engineered Products (“PEP”). The SAO segment is comprised of Carpenter's major premium 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 PEP segment is comprised of the Company’s differentiated operations. This segment includes the Dynamet titanium business, the Carpenter Powder Products (CPP) business, the Amega West business, and the Latrobe and Mexico distribution businesses. The businesses in the PEP segment are managed with an entrepreneurial structure to promote flexibility and agility to quickly respond to market dynamics.  It is our belief this model will ultimately drive overall revenue and profit growth.  The pounds sold data above for the PEP segment includes only the Dynamet and CPP businesses. The corporate costs are comprised of executive and director compensation, and other corporate facilities and administrative expenses not allocated to the segments. Also included are items that management considers not representative of ongoing operations, such as loss on divestiture of business, excess inventory write-down, restructuring and asset impairment charges, goodwill impairment and other specifically-identified income or expense items. The service cost component of net pension expense, which represents the estimated cost of future pension liabilities earned associated with active employees, is included in the operating results of the business segments.  The residual net pension expense, or pension earnings, interest and deferrals (pension EID), is comprised of the expected return on plan assets, interest costs on the projected benefit obligations of the plans, and amortization of actuarial gains and losses and prior service costs and is included under the heading "Pension earnings, interest and deferrals". Management believes that removing the impacts of raw material surcharge from operating margin provides a more consistent basis for comparing results of operations from period to period, thereby permitting management to evaluate performance and investors to make decisions based on the ongoing operations of the Company. In addition, management believes that excluding the impact of pension earnings, interest and deferrals, which may be volatile due to changes in the financial markets, is helpful in analyzing the true operating performance of the Company.  Management also believes that removing the impact of the loss on divestiture of business, excess inventory write-down, restructuring and asset impairment charges, goodwill impairment and other special items is helpful in analyzing the operating performance of the Company, as these costs are not indicative of ongoing operating performance. Management believes that earnings per share adjusted to exclude the impact of the loss on divestiture of business, excess inventory write-down, restructuring and asset impairment charges, goodwill impairment and other special items is helpful in analyzing the operating performance of the Company, as these costs are not indicative of ongoing operating performance.  Management uses its results excluding these amounts to evaluate its operating performance and to discuss its business with investment institutions, the Company's board of directors and others. Management believes that the free cash flow measure provides useful information to investors regarding our financial condition because it is a measure of cash generated which management evaluates for alternative uses.  Management uses its results to evaluate its operating performance and to discuss its business with investment institutions, the Company's board of directors and others.


PARIS, June 20, 2017 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE:CRS) announced today the production of CARTECH® PURIS 5+™, the market’s first high-strength, low-oxygen titanium powder solution. A custom composition of Ti-6AI-4V that meets all Grade 5 specifications, CARTECH PURIS 5+ signals a breakthrough in additive manufacturers’ ability to better control oxygen content inherent to their processes without compromising powder strength. “Balancing oxygen levels with desired strength properties is a challenge in additive manufacturing.  CARTECH PURIS 5+ provides the simultaneous optimization of powder recyclability and strength, alleviating concerns about using low oxygen powder (to maximize powder reuse) while still exceeding standard strength requirements,” explained Michael Murtagh, Carpenter’s Chief Technology Officer. “CARTECH PURIS 5+ makes this balance easier, more efficient, and more effective from the start and throughout the titanium powder lifecycle.” CARTECH PURIS 5+ is Carpenter Technology’s first major powder product introduction since its acquisition of Puris, LLC earlier this year. Carpenter experts in powder metallurgy and additive manufacturing will be available at the International Paris Air Show Le Bourget 2017, held Monday, June 19 through Sunday, June 25, Hall 5, Stand E232. “The future of aerospace hinges on advancing additive manufacturing technology,” added Tony R. Thene, Carpenter’s Chief Executive Officer. “It’s an exciting, yet complex process with enormous potential, and it requires extensive metallurgical expertise, in addition to quality powder products. Carpenter Technology is well-positioned to provide these value-added solutions to customers.” Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys, including titanium alloys, nickel and cobalt based superalloys, stainless steels, alloy steels and tool steels.  Carpenter’s high-performance materials and advanced process solutions are an integral part of critical applications used within the aerospace, transportation, medical and energy markets, among other markets.  Building on its history of innovation, Carpenter’s powder technology capabilities support a range of next-generation products and manufacturing techniques, including additive manufacturing or 3D Printing.  Information about Carpenter can be found at www.cartech.com. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations and are subject to risks, uncertainties and other factors that could cause actual results to differ from those projected, anticipated or implied. The most significant of these uncertainties are described in Carpenter's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended June 30, 2016, and the quarterly reports on Form 10-Q for the quarters ended September 30, 2016, December 31, 2016, March 31, 2017, and the exhibits attached to those filings. They include, but are not limited to, statements regarding the production and properties of CARTECH® PURIS 5+™. Carpenter undertakes no obligation to update or revise any forward-looking statements.


Patent
Carpenter Technology Corporation | Date: 2015-05-04

A magnetic iron alloy and process of making the same. The alloy includes iron, approximately 2 wt. % to approximately 10 wt. % cobalt, approximately 0.05 wt. % to approximately 5 wt. % manganese, and approximately 0.05 wt. % to approximately 5 wt. % silicon. The alloy may also include up to approximately 3 wt. % chromium, up to approximately 2 wt. % vanadium, up to approximately 1 wt. % nickel, up to approximately 0.05 wt. % niobium, and up to approximately 0.02 wt. % carbon.


Patent
Carpenter Technology Corporation | Date: 2014-11-12

Disclosed is a method of incorporating a characteristic modifying, particulate material with the surface (12) of a foam body (10) comprising bonding a layer (14) of particulate material to the foam material surface; the incorporating step may comprise either mixing the characteristic modifying particulate material with an adhesive and dispensing the mixture onto the foam body surface (12) to form the particulate layer (14) or coating the foam body surface (12) with adhesive and dispensing particulate material onto the adhesive coated foam body surface to form the particulate layer (14): the particulate may be bead material including phase change material, expanded polystyrene, gel particle, expandable graphite; polymer beads or particles; flame retardants; recycled materials: a layer (28) of foam material may be applied to the particulate layer (14) to form a foam body(10)/particulate layer(14)/foam layer composite (28).


Patent
Carpenter Technology Corporation | Date: 2013-03-15

A lifting system for semiconductor processing equipment utilized in a cleanroom environment. The lifting system comprises of an articulating arm, a base, a load indicator, a capture tool and a wirelessly controlled hoist motor unit with float control. The float control allows precise positioning and movement of the load without requiring use of up and down controls of the wireless remote. Covers and the bellows positioned on and coupled with the arm assembly reduce contamination caused by a wire rope extending from the arm. A load indicator shows the system coming under load while holding the load stationary. A capture tool provides quick release and ease of grabbing the load with the use of a capture pin. A rotary electrical collector provides a full 360 degrees of rotation of the articulating arm from the base, in both directions. This lifting solution provides high cleanliness and ease of use.


Patent
Carpenter Technology Corporation | Date: 2016-11-16

A magnetic iron alloy and process of making the same. The alloy includes iron, approximately 2 wt.% to approximately 10 wt.% cobalt, approximately 0.05 wt.% to approximately 5 wt.% manganese, and approximately 0.05 wt.% to approximately 5 wt.% silicon. The alloy may also include up to approximately 3 wt.% chromium, up to approximately 2 wt.% vanadium, up to approximately 1 wt.% nickel, up to approximately 0.05 wt.% niobium, and up to approximately 0.02 wt.% carbon.

Loading Carpenter Technology Corporation collaborators
Loading Carpenter Technology Corporation collaborators