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Country
US
Industry
Industrials
Market Cap
Mid Cap
Num. Employees
4100
IPO Date
May 22, 1981
Country
US
Industry
Industrials
Carpenter Technology Corp. engages in the manufacturing, fabrication, and distribution of specialty metals. The company is headquartered in Philadelphia, Pennsylvania and currently employs 4,100 full-time employees. The firm operates through two segments: Specialty Alloys Operations (SAO) and Performance Engineered Products (PEP). The SAO segment is comprised of alloy and stainless-steel manufacturing operations. This includes operations performed at mills primarily in Reading and Latrobe, Pennsylvania and surrounding areas as well as South Carolina and Alabama. The PEP segment is comprised of the Company’s differentiated operations. This segment includes the Dynamet titanium business, the Carpenter Additive business and the Latrobe and Mexico distribution businesses. The company provides specialty alloy-based materials and process solutions for applications in the aerospace, defense, medical, transportation, energy, industrial and consumer markets. The firm operates its own network of service and distribution centers, located in the United States, Canada, Mexico, Europe and Asia.
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The increases include the inclusion of 25 new drill holes in the 2023 mineral resource estimate throughout the southernmost region of the orebody and adjacent to the Goldrush project at Cortez, which is part of the Nevada Gold Mines ("NGM") joint venture.The strategy of investing in organic expansion through exploration and mineral resource management has distinguished the company from the industry.
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Sentiment
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Today
Recent Mentions
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Bullish
+31.69% more bullish
compared to last week