Some of their products include stainless steel, ultra-high strength steels, titanium alloys and superalloys. Their product forms include hollow and multi-dimensional forged bar, cold finished bar, loose gas atomized metallic powders, billet, strip and plate, and wire and rod. It was James H. Carpenter who founded the business on June 1, 1889. The business started as Carpenter Steel Company with James’ vision of advancing the process of steel manufacturing. It was in 1896 that he got his first patent for improved air-hardened steel.
The Wright Brother’s heavier-than-air aeroplanes used Carpenter’s special steel. Today the products they produce are used in jet engine blades, landing gear, flap and slat track components, titanium alloy fasteners and electronics. They also produce and supply their steel to makers of motor cars who in turn create valves, axles, steering knuckles, connecting rods and other car parts.
The company’s knowledge and experience in wielding steel helps push scientific breakthroughs in industrial, medical and energy sectors. Some of the products they benchmarked include the Carpenter CTS family of 14 alloys for knife blade production, BioBlu 27 alloy for the jewelry industry, ACUBE 100 alloy for bushings and bearings and the ProMet alloy for diesel engine components.
Just like other businesses, Carpenter Technology also found growth in acquiring other companies. Through their acquisition of Dynamet Incorporated, the company’s titanium alloy production expanded. Houston-based Amega West Services, is also one of the companies the business acquired in 2011. The Carpenter now has various products marketed through different brand names: Micro-Melt powder alloys (artificial disks and implants), AerMet alloys (landing gear), Pyromet alloys (pylon and fuselage fasteners, engine components), BioDur alloys (fracture fixation) and Custom 465 stainless (flap and slat track).
The company is publicly traded on the New York Stock Exchange and is a component of the S&P 400 Index.
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