Carpenter Technology Corporation (XTY)

Profile

https://www.carpentertechnology.com

Carpenter Technology Corporation is a leading manufacturer, fabricator, and distributor of specialty metals and alloys serving demanding industries worldwide. The company operates through two primary segments: Specialty Alloys Operations, which produces premium alloys including titanium alloys, powder metals, stainless steels, alloy steels, tool steels, high-temperature superalloys, high-strength steels, implantable, magnetic, and controlled expansion alloys in cast, wrought, and powder forms; and Performance Engineered Products, encompassing titanium products, metal powders, additive manufacturing solutions, and distribution services. These offerings support critical applications in aerospace and defense, particularly engine maintenance, repair, and overhaul; medical devices requiring biocompatibility; transportation; energy generation; industrial machinery; and consumer markets. Carpenter Technology Corporation provides related services such as contract manufacturing, custom parts, tooling, and conversion of customer-owned alloys from facilities in the United States, Europe, Asia Pacific, Mexico, and Canada. Founded in 1937 and headquartered in Reading, Pennsylvania, it plays a vital role in supplying high-performance materials for advanced engineering needs.