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Carpenter Technology Company offers a competitive salary and a comprehensive benefits package including life, medical, dental, vision, flexible spending accounts, disability coverage, 401k with . SUPPLEMENTAL SCHEDULE hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, '653802aa-fd87-44fd-be68-4ba31f3e7ef7', {"useNewLoader":"true","region":"na1"}); Carpenter Technology remains open and operating during this time. Carpenter Technology photography Visit images.carpentertechnology.com for the photography library. hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, '653802aa-fd87-44fd-be68-4ba31f3e7ef7', {"useNewLoader":"true","region":"na1"}); Looking for information on terms and conditions, conflict material documentation, or other topics? Carpenter Technology Met Lab Technician Reading, PA 10d $33K-$45K Per Year (Glassdoor est.) Please see the Supporting Our Customers and Suppliers section of ourBusiness Continuity Planfor more information. Learn More ET, to discuss the financial results of operations for the first quarter of fiscal year 2023. Box 14662 Reading, Pennsylvania 19612-4662 U.S.A. Telephone: (610) 208-2000 Fax: (610) 208-3242 Statistics: Public Company Incorporated: 1889 as Carpenter Steel Company Employees: 4,200 Sales: $628.8 million Stock Exchanges: New York SICs: 3441 Fabricated Structural Steel Company History: Free cash flow in the first quarter of fiscal year 2023 was negative $101.3 million, compared to negative $71.2 million in the same quarter last year. If you need immediate assistance, visit our Contact page for options. hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, '7cc2f07a-858e-481d-b06e-cf4ec6517c0d', {"useNewLoader":"true","region":"na1"}); Look to the sharpest minds in the industry to learn more about the developments shaping the future of products and manufacturing. An online catalog of Carpenter Technology merchandise is available to explore. Simply complete the request form and a Carpenter Technology expert will be in touch with you. Net sales up 35% year-over-year; net sales excluding surcharge up Visitor restrictions have been put in place at Carpenter Technology facilities. What was the 52-week high for Carpenter Technology stock? WEIGHTED AVERAGE COMMON SHARES OUTSTANDING: Adjustments to reconcile net loss to net cash used for operating activities: Net loss on disposals of property, plant and equipment, Purchases of property, plant, equipment and software, Withholding tax payments on share-based compensation awards, Effect of exchange rate changes on cash and cash equivalents, Cash and cash equivalents at beginning of year, Cash and cash equivalents at end of period, Total liabilities and stockholders' equity, Performance Engineered Products net sales, ADJUSTED OPERATING MARGIN EXCLUDING SURCHARGE REVENUE AND SPECIAL ITEM, Adjusted operating margin excluding surcharge revenue and special item, ADJUSTED LOSS PER SHARE EXCLUDING SPECIAL ITEM, Three Months Ended September 30, 2022, as reported, Three Months Ended September 30, 2022, as adjusted. What is your operational status? Sustainability. in prior year period. Carpenter Technology Engineer III - Additive Manufacturing jobs in Huntsville, AL. Carpenter Technology Quality Specialist Reading, PA 30d+ $44K-$63K Per Year (Glassdoor est.) iPhone . hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, '77d9fa95-966b-4eda-a305-fb85dce369ac', {"useNewLoader":"true","region":"na1"}); Access detailed information about specific products, applications, processes, and innovations transforming what's possible. We leverage our strengths to help our customers solve the most extreme materials challenges, transform their processes, and achieve their goals. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Act of 1995. PHILADELPHIA, July 06, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that it will increase base prices by an average oftwelve percent (12%) to fifteen percent (15%) on new, non-contract orders across the majority of its premium products. Corporate costs are comprised of executive and director compensation, and other corporate facilities and administrative expenses not allocated to the segments. Carpenter Technology has expanded its AM capabilities to provide a complete end-to-end solution to accelerate materials innovation and streamline parts production. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from those projected, anticipated or implied. ET, to discuss the financial results of operations for the first quarter of fiscal year 2023. All applicable surcharges will remain in effect. Carpenter Technology Distribution Businesses provide a broad range of stainless, specialty, and tool steels from several facilities in North and South America. Our powders meet the unique demands for additive manufacturing, metal injection molding, hot isostatic pressing, near-net shapes, surface enhancement processes, and tool steels. June 4, 2020, 5:30 AM PHILADELPHIA, June 04, 2020 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation ( CRS) (the "Company") today announced a set of company-wide actions to strengthen. hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, '563c1169-51c9-4064-8caa-3c0ae8ae28fa', {"useNewLoader":"true","region":"na1"}); As our top value, we're proud to create a culture of safety in everything we do. Our Aerospace and Defense end-use market backlog has increased 190 percent compared to the same quarter of last year., From a segment perspective, the Specialty Alloy Operations (SAO) segment finished the first quarter of fiscal year 2023 at the upper end of our expected range, driven by the aerospace growth and continued improvement in our operations. There is flexibility when using the tagline it can appear on its own or locked with the Carpenter Technology logo as shown here but it may only be used with the parent brand. We help customers like you solve the most extreme materials challenges. Simply complete the request form and a Carpenter Technology expert will be in touch with you. Carpenter Technology Corporation (Carpenter or 'the company') is engaged in the development, manufacture, and distribution of cast and wrought and powder metal stainless steels, and specialty alloys. Copyright 2022 CRS Holdings, LLC. The increases will be effective with new orders placed after July 5, 2022. (in millions, except pounds sold)(Unaudited). Merchandise MERCHANDISE To order branded merchandise and printed materials, download the Merchandise Order Form, complete it, and email it to carpenterteam@tscinc.net. Carpenter Technology Corporation - Corporate Headquarters 1735 Market Street, 15th Floor Philadelphia, PA 19103 United States 610-208-2000 Fax: 610-208-3716 GET DIRECTIONS Sales and Customer Solutions 800-654-6543 Fax: 610-208-3716 service@cartech.com GET DIRECTIONS Reading Carpenter Technology Corporation - Reading Operations (PA) Please see the Our People section of Carpenter TechnologysBusiness Continuity Planfor additional information. According to the current price, Carpenter Technology is 161.23% away from the 52-week low. hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, 'a8ca1ef4-2f69-4085-9a2d-e6446410d1f2', {"useNewLoader":"true","region":"na1"}); We bring manufacturing technologies together with an extensive array of high-quality materials to deliver breakthrough performance. Many business areas of Carpenter Technology are currently working remotely, with the exception of our warehouse, docks, and mills who are able to fulfill delivery obligations. / / / / / / / / . CarpenterTechnology.com doesnt support this browser version any longer. hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, 'a8ca1ef4-2f69-4085-9a2d-e6446410d1f2', {"useNewLoader":"true","region":"na1"}); We bring manufacturing technologies together with an extensive array of high-quality materials to deliver breakthrough performance. Our technical strengths, distinct products, and extraordinary process capabilities provide you with value-added solutions that create breakthrough results. $0.14) CONSOLIDATED BALANCE SHEETS Expert Help - Customer Service | Carpenter Technology Ask an Expert When you need extra technical help, our experts are always on hand and eager to assist you. The Carpenter Technology brand represents who we are and where we're going. Learn more about recommended browser requirements for CarpenterTechnology.com. The high in the last 52 weeks of Carpenter . There exists flexibility to adjust prioritization as needed. Carpenter Technology Regional Metallurgist Please dial +1 412-317-9259 for access to the live conference call. In addition, management believes that excluding the impact of special items from operating margin is helpful in analyzing the operating performance of the Company, as these items are not indicative of ongoing operating performance. Using an updated browser will provide a better experience. More information about Carpenter Technology can be found at www.carpentertechnology.com. PHILADELPHIA, April 28, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the "Company") today announced financial results for the fiscal third quarter ended March 31, 2022. . The Performance Engineered Products (PEP) segment came in slightly below our expectations due to delayed shipments caused by Hurricane Ian at our Dynamet facility in Florida., Looking ahead, as we have stated before, we expect to deliver operating income at fiscal year 2019 run rate by the fourth quarter of fiscal year 2023. Product and end-use images Use a single dominant image or a collection of images that, when combined, tell a compelling story. To that end, Carpenter saw 36% yoy and 3% qoq growth in revenue from aerospace and defense customers, with 40% yoy and 7% qoq from aerospace, and 45% yoy and 24% qoq growth from aerospace engine . The pounds sold data above for the PEP segment includes only the Dynamet and Additive businesses. View job details, responsibilities & qualifications. Learn More Safety As our top value, we're proud to create a culture of safety in everything we do. We are a global leader in high-performance specialty alloy-based materials and process solutions for critical applications in the aerospace, automotive, defense, energy, industrial, medical, and consumer electronics markets. After submitting your request, you will receive an activation email to the requested email address. Carpenter Technology Corporation. The most significant of these uncertainties are described in Carpenter Technologys filings with the Securities and Exchange Commission, including its report on Form 10-K for the year ended June 30, 2022, and the exhibits attached to that filing. . Website: ir.carpentertechnology.com Employees (this site): Modelled Employees (all sites): Actual Revenue: $1.48 billion Actual Sales Growth: 24.44% Assets: $2,932 Fiscal Year End: JUN Year Started: Incorporated: Stock Exchange: N.Y.S.E. Operating income was $8.3 million compared to operating loss of $19.1 million in the prior year period. hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, '653802aa-fd87-44fd-be68-4ba31f3e7ef7', {"useNewLoader":"true","region":"na1"}); When you need extra technical help, our experts are always on hand and eager to assist you. Learn More Safety As our top value, we're proud to create a culture of safety in everything we do. Additionally, we recognize that our role as an innovative partner advances . The Carpenter Technology tagline expresses our strategic vision and is a powerful statement of what we aspire to bring to our audiences. Carpenter Technology remains open and operating during this time. The forward-looking statements in this document are intended to be subject to the safe harbor protection provided by Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. At Carpenter Technology Corporation, we promise to treat your data with respect and will not share your information with any third party. Increase customer satisfaction by reducing claims . Last month, Carpenter reported fiscal first-quarter 2023 revenue of $522.9 million, up. Using an updated browser will provide a better experience. Please dial +1 412-317-9259 for access to the live conference call. Carpenter is based in Philadelphia and has manufacturing facilities in Reading and Muhlenberg Township. Our specialty alloys are designed for superior performance in mission critical applications. If you experience any issues with this process, please contact us for further assistance. The residual net pension expense is comprised of the expected return on plan assets, interest costs on the projected benefit obligations of the plans, and amortization of actuarial gains and losses and prior service costs and is included in other expense (income), net. Carpenter Technology Corporation is a leading producer and distributor of premium specialty alloys,See this and similar jobs on LinkedIn. This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Act of 1995. Prime point of contact form customer to company. Copyright 2022 CRS Holdings, LLC. The health and well-being of our employees, our communities, and our partners are of primaryconcern. Our specialty alloys are designed for superior performance in mission critical applications. Our vision At Carpenter Technology, we work as a team to deliver for our customers Our Vision To be the preferred solutions provider in specialty materials with a reputation for zero injuries, unquestionable quality, intimate customer connections, innovative growth, creative technology, and engaged talent. Find contact's direct phone number, email address, work history, and more. Carpenter Technology Corporation is a recognized leader in high-performance specialty alloy-based materials and process solutions for critical applications in the aerospace, defense, transportation, energy, industrial, medical, and consumer electronics markets. (22) our ability to successfully complete equipment repair activities on the expected terms and timelines, and (23) the timing, amount and products related to base price increases and surcharges. Backlog up 10% sequentially and 155% year-over-year Founded in 1889, Carpenter Technology has evolved to become a pioneer in premium specialty alloys, including titanium, nickel, and cobalt, as well as alloys specifically engineered for additive manufacturing (AM) processes and soft magnetics applications. Earnings per share of ( End-Use Market Excluding Surcharge Revenue: Total net sales excluding surcharge revenue. 33.87. We understand that you may have questions about our ability to maintain our business continuity during this challenging time. Copyright CRS Holdings, LLC. The PEP segment is comprised of the Companys differentiated operations. We take the health and well-being of our employees, our customers, our suppliers, and local communities very seriously. A free inside look at Carpenter Technology salary trends based on 504 salaries wages for 302 jobs at Carpenter Technology. The decrease in operating cash flow and free cash flow is from higher inventory to meet growing demand partially offset by improved earnings in the current year quarter compared to the prior year period. hbspt.cta._relativeUrls=true;hbspt.cta.load(7407324, '77d9fa95-966b-4eda-a305-fb85dce369ac', {"useNewLoader":"true","region":"na1"}); Access detailed information about specific products, applications, processes, and innovations transforming what's possible. :CRS ESG ranking: ESG industry average: What is D&B's ESG Ranking? About Carpenter Technology Carpenter Technology Corporation is a recognized leader in high-performance specialty alloy-based materials and process solutions for critical applications in the. They include but are not limited to: (1) the cyclical nature of the specialty materials business and certain end-use markets, including aerospace, defense, medical, transportation, energy, industrial and consumer, or other influences on Carpenter Technology's business such as new competitors, the consolidation of competitors, customers, and suppliers or the transfer of manufacturing capacity from the United States to foreign countries; (2) the ability of Carpenter Technology to achieve cash generation, growth, earnings, profitability, operating income, cost savings and reductions, qualifications, productivity improvements or process changes; (3) the ability to recoup increases in the cost of energy, raw materials, freight or other factors; (4) domestic and foreign excess manufacturing capacity for certain metals; (5) fluctuations in currency exchange rates; (6) the effect of government trade actions; (7) the valuation of the assets and liabilities in Carpenter Technology's pension trusts and the accounting for pension plans; (8) possible labor disputes or work stoppages; (9) the potential that our customers may substitute alternate materials or adopt different manufacturing practices that replace or limit the suitability of our products; (10) the ability to successfully acquire and integrate acquisitions; (11) the availability of credit facilities to Carpenter Technology, its customers or other members of the supply chain; (12) the ability to obtain energy or raw materials, especially from suppliers located in countries that may be subject to unstable political or economic conditions; (13) Carpenter Technology's manufacturing processes are dependent upon highly specialized equipment located primarily in facilities in Reading and Latrobe, Pennsylvania and Athens, Alabama for which there may be limited alternatives if there are significant equipment failures or a catastrophic event; (14) the ability to hire and retain key personnel, including members of the executive management team, management, metallurgists and other skilled personnel; (15) fluctuations in oil and gas prices and production; (16) uncertainty regarding the return to service of the Boeing 737 MAX aircraft and the related supply chain disruption; (17) potential impacts of the COVID-19 pandemic on our operations, financial results and financial position; (18) our efforts and efforts by governmental authorities to mitigate the COVID-19 pandemic, such as travel bans, shelter in place orders and business closures, and the related impact on resource allocations and manufacturing and supply chains; (19) our ability to execute our business continuity, operational, budget and fiscal plans in light of the COVID-19 pandemic; and (20) our ability to successfully carry out restructuring and business exit activities on the expected terms and timelines. Apply today! Management believes that loss per share adjusted to exclude the impact of special items is helpful in analyzing the operating performance of the Company, as these items are not indicative of ongoing operating performance. Carpenter's metals-related services include contract manufacturing, conversion, distribution, and supply solutions for customers around the world. Cash used for operating activities in the first quarter of fiscal year 2023 was $78.0 million compared to $47.0 million in the same quarter last year. $0.31) PHILADELPHIA, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the "Company") today announced financial results for the fiscal first quarter ended September 30 . View Amanda Carpenter's business profile as Practical Nursing Instructor at Gordon Cooper Technology Center. We work closely with customers to define and meet their needs with advanced, high-quality, and proprietary alloys. Imagery checklist Gain insight into how we can help you grow the capabilities and possibilities of your business. Find the right material for your project. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. We understand that you may have questions about our ability to maintain our business continuity during this challenging time. 07, 2022 6:03 PM ET Carpenter Technology Corporation (CRS) ATI, BA, USAP 3 Likes. iManage employee Mary Ann Muhlbaier, founding member of Pink Clover Foundation, volunteers her time, energy, and skills to a much larger cause: Supporting those fighting breast cancer. Please see the Business Continuity Protocols section of our Business Continuity Plan. Summary. They include but are not limited to: (1) the cyclical nature of the specialty materials business and certain end-use markets, including aerospace, defense, medical, transportation, energy, industrial and consumer, or other influences on Carpenter Technologys business such as new competitors, the consolidation of competitors, customers, and suppliers or the transfer of manufacturing capacity from the United States to foreign countries; (2) the ability of Carpenter Technology to achieve cash generation, growth, earnings, profitability, operating income, cost savings and reductions, qualifications, productivity improvements or process changes; (3) the ability to recoup increases in the cost of energy, raw materials, freight or other factors; (4) domestic and foreign excess manufacturing capacity for certain metals; (5) fluctuations in currency exchange rates; (6) the effect of government trade actions; (7) the valuation of the assets and liabilities in Carpenter Technologys pension trusts and the accounting for pension plans; (8) possible labor disputes or work stoppages; (9) the potential that our customers may substitute alternate materials or adopt different manufacturing practices that replace or limit the suitability of our products; (10) the ability to successfully acquire and integrate acquisitions; (11) the availability of credit facilities to Carpenter Technology, its customers or other members of the supply chain; (12) the ability to obtain energy or raw materials, especially from suppliers located in countries that may be subject to unstable political or economic conditions; (13) Carpenter Technologys manufacturing processes are dependent upon highly specialized equipment located primarily in facilities in Reading and Latrobe, Pennsylvania and Athens, Alabama for which there may be limited alternatives if there are significant equipment failures or a catastrophic event; (14) the ability to hire and retain key personnel, including members of the executive management team, management, metallurgists and other skilled personnel; (15) fluctuations in oil and gas prices and production; (16) uncertainty regarding the return to service of the Boeing 737 MAX aircraft and the related supply chain disruption; (17) potential impacts of the COVID-19 pandemic on our operations, financial results and financial position; (18) our efforts and efforts by governmental authorities to mitigate the COVID-19 pandemic, such as travel bans, shelter in place orders and business closures, and the related impact on resource allocations and manufacturing and supply chains; (19) our status as a critical, essential or life-sustaining business in light of COVID-19 business closure laws, orders and guidance being challenged by a governmental body or other applicable authority; (20) our ability to execute our business continuity, operational, budget and fiscal plans in light of the COVID-19 pandemic; (21) our ability to successfully carry out restructuring and business exit activities on the expected terms and timelines.
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