Carpenter Technology was founded by James H. Carpenter with a group of investors in 1889 as Carpenter Steel Company. Carpenter had the goal to improve how steel was manufactured, and in 1896 he received the company’s first patent for an improvement in air-hardened steel.
In the early years of the company, Carpenter steel was used to produce automobiles, Wright Brothers aeroplanes, and landing gear on aircraft-carrier-based jet fighters.
Today the company is known as a pioneer in stainless steel and produces corrosion-resistant materials from cobalt,nickel, manganese, and titanium for clients in the aerospace, automotive, industrial, and medical industries.
Carpenter Technology trades publicly on the New York Stock Exchange under the ticker symbol CRS, is a member of the S&P 400, is #899 in the Fortune 1000, has 4,900 employees, and had $2.27 billion in revenue in 2014.
Carpenter TechnologyCarpenter Technology was founded by James H. Carpenter with a group of investors in 1889 as Carpenter Steel Company. Carpenter had the goal to improve how steel was manufactured, and in 1896 he received the company’s first patent for an improvement in air-hardened steel.
In the early years of the company, Carpenter steel was used to produce automobiles, Wright Brothers aeroplanes, and landing gear on aircraft-carrier-based jet fighters.
Today the company is known as a pioneer in stainless steel and produces corrosion-resistant materials from cobalt,nickel, manganese, and titanium for clients in the aerospace, automotive, industrial, and medical industries.
History
Carpenter Technology trades publicly on the New York Stock Exchange under the ticker symbol CRS, is a member of the S&P 400, is #899 in the Fortune 1000, has 4,900 employees, and had $2.27 billion in revenue in 2014.
