Carpenter Technology Corporation (NYSE:CRS) is a leading international manufacturer and distributor of specialty alloys, powder alloys, titanium, and ceramic materials serving the automotive, aerospace, energy, industrial, medical, defense, and consumer products industries.
Carpenter’s materials have been used in hundreds of applications – from industrial tools to jet engines to fuel injectors and medical implants. Carpenter produces materials in long product form, including bar, wire, strip, plate, fine wire and billet.
Since the 1990s, Carpenter has expanded its product line and geographic reach and emerged stronger through economic downturns. Much of this expansion has been customer-driven. Unlike most companies in the steel industry, Carpenter not only manufactures its products but also distributes them through its own worldwide system of service centers. This network, with its staff of metallurgists and engineers on the front lines, enables the company to work closely with its specialty alloys customers to find solutions for their product requirements, as well as to learn first hand which materials need to be upgraded, acquired or created. Carpenter’s direct contact with its customers has given the company a unique marketing edge.
Mr Jan Musser