Carpenter Technology
Carpenter Technology Corporation produces specialty alloys including titanium, stainless steels, alloy steels, tool steels, and metal powders for additive manufacturing, served through its Carpenter Additive business unit.
- CEO / Founder
- Tony R. Thene
- Team Size
- 4,600
- Stage
- Active
- Total Funding
- Publicly Traded
- Latest Round
- Undisclosed
- Key Investors
- BlackRock, The Vanguard Group, Dimensional Fund Advisors
Technology & Products
Key Products
["Titanium alloys","Stainless steels","Alloy steels","Tool steels","Metal powders for additive manufacturing","Powder lifecycle management (PowderLife)"]
Technological Advantage
End-to-end additive manufacturing ecosystem including powder production, part manufacturing, and powder lifecycle management, enabling highly customized and reliable solutions.
Differentiation
Value Proposition
High-performance specialty alloys and comprehensive additive manufacturing material solutions from powder production through to finished parts, enabling mission-critical applications.
How They Differentiate
Deep legacy in specialty alloys with an integrated metal additive manufacturing offering from powder to finished parts, contrasting competitors who focus on segments of the AM process.
Market & Competition
Target Customers
Aerospace, defense, transportation, energy, industrial, medical, and consumer electronics companies.
Industry Verticals
["Aerospace","Defense","Transportation","Energy","Industrial","Medical","Consumer Electronics"]
Competitors
Sandvik; GKN Additive; Oerlikon
Growth & Milestones
Growth Metrics
Reported $2.55 billion revenue in 2023, a 38.88% increase from 2022.
Major Milestones
["1889: Founded as Carpenter Steel Company","1992: Patented super-strong Aermet alloy","2018: Acquired LPW Technology","2019: Launched Carpenter Additive business unit","2019: Opened Emerging Technology Center in Alabama"]
Notable Customers
Aerospace, defense, and medical industry leaders (specific names not publicly disclosed).