Carpenter Technology (NYSE:CRS), founded in 1889 and headquartered in Philadelphia, Pennsylvania, is a leading producer and distributor of specialty alloys and stainless steel products. With a history spanning over 130 years, the company has built a reputation for innovation, quality and reliability in high-performance materials. Initially established as Carpenter Steel Company to support the burgeoning railroad industry, it has evolved into a diversified supplier of engineered materials for a range of demanding applications.
The company’s core offerings include high-strength alloys such as nickel-based superalloys, titanium and titanium alloys, stainless steels and specialty stainless steels, as well as advanced powders for additive manufacturing. Carpenter Technology serves critical markets including aerospace, defense, industrial gas turbines, medical implants and oil and gas exploration. Its products are engineered to withstand extreme environments, high temperatures and corrosive conditions, helping customers improve performance, safety and longevity in critical components.
With manufacturing and service facilities strategically located across North America, Europe and Asia, Carpenter Technology supports a global customer base through a combination of integrated supply chain solutions and technical collaboration. The company emphasizes responsiveness and customization, enabling it to address complex design requirements and stringent regulatory standards. In recent years, Carpenter has also expanded its footprint in additive manufacturing, leveraging metal powder expertise to meet growing demand for 3D-printed parts in aerospace and medical markets.
Under the leadership of President and Chief Executive Officer Jonathan L. Salinger, Carpenter Technology continues to focus on operational excellence and sustainable growth. The management team is dedicated to environmental stewardship, workplace safety and community engagement, reinforcing the company’s commitment to ethical business practices. By investing in research and development, Carpenter aims to drive technological advancements and deliver high-value solutions that support its customers’ most critical missions.
