When was Carpenter Technology founded?

Carpenter Technology was founded in 1889 and raised its 1st funding round 121 years after it was founded.

Where is Carpenter Technology located?

Carpenter Technology is headquartered in Wyomissing, United States. It is registered at Reading, Pennsylvania.

How many employees does Carpenter Technology have?

As of Apr 30, 2026, the latest employee count at Carpenter Technology is 3224.

Is Carpenter Technology a funded company?

Carpenter Technology is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Sep 01, 2010.

When was the latest funding round of Carpenter Technology?

Carpenter Technology's latest funding was a $***** Post IPO round on Mar 13, 2012, with participation from 0 investor.

Where does Carpenter Technology rank among its competitors?

Carpenter Technology ranks 3rd amongst 12 active competitors, none of which are funded.

Who are the top competitors of Carpenter Technology?

Carpenter Technology's top competitors include Hexcel, Precision Castparts Corp and Alcoa Howmet. Among them, ElementUSA secured the most recent funding round in November, 2025.

Carpenter Technology - 2026 Company Profile, Funding & Competitors

Company Details

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Website: www.carpentertechnology.com/
Social
Registered Address: Reading, Pennsylvania

Key Metrics

Founded Year

1889

Location

Wyomissing, United States

Stage

Public

Latest Funding Round

Post IPO, Mar 13, 2012, $*****

Investors

OSTI & 1 more

Ranked

3^rd among 12 active competitors

Employee Count

3,224 as on Apr 30, 2026

Investment & Acquisitions

LPW Technology & 4 more

Similar Companies

Hexcel & 10 more

Exit Details

Public

View Carpenter Technology's full profile

Carpenter Technology is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Carpenter CIN: 40103884183 , Latvia, Active	Mar 26, 2015	$259K (As on Dec 31, 2024)	1 (As on Dec 31, 2022)	-
CARPENTER TECHNOLOGY CORP CIN: 17843 , United States, Active	Oct 02, 1968	$2.88B (As on Jun 30, 2025)	4500 (As on Jun 30, 2023)	-
Carpenter Technology Corporation CIN: 230458500 , United States, Active	Dec 26, 999	-	3773 (As on Dec 31, 2024)	-
CRS HOLDINGS LLC CIN: 32091447923 , United States, Active	Aug 29, 2023	-	-	-

Carpenter Technology got listed on Nov 06, 1968.

Click here to take a look at Carpenter Technology's IPO in detail

Carpenter Technology has raised funding over 3 rounds. Its first funding round was on Sep 01, 2010. Carpenter Technology has 2 institutional investors.

Here is the list of recent funding rounds of Carpenter Technology:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 13, 2012	3044161	Post IPO	9572411	4589609	3516605	2248974
Sep 07, 2010	1542708	Grant (prize money)	3569890	3193196	7192852	OSTI
Sep 01, 2010	9514043	Grant (prize money)	8114955	7768304	7095491	OSTI

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Carpenter Technology's employee count trend

Carpenter Technology has 3,224 employees as of Apr 26. Here is Carpenter Technology's employee count trend over the years:

Employee count trend for Carpenter Technology

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Top competitors of Carpenter Technology include Hexcel, Precision Castparts Corp and Alcoa Howmet. Here is the list of Top 10 competitors of Carpenter Technology, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hexcel 1946, Stamford (United States), Public	Advanced composites technology, producing carbon fiber reinforcements and resin systems for commercial aerospace, space and defense, and industrial markets	-	Periphas Capital, Northrop Grumman & 2 others	60/100
2nd	Precision Castparts Corp 1949, Portland (United States), Acquired	Manufacturer of complex metal components and products for aerospace, power, and industrial markets	$39.2M	-	58/100
3rd	Carpenter Technology 1889, Wyomissing (United States), Public	Manufacturer of high-performance specialty alloys and process solutions. It provides materials and processes for critical applications across aerospace, transportation, defense, energy, industrial, and medical sectors. The company offers a diverse range of alloys, including high-temperature stainless steel, nickel-copper, titanium, and soft magnetic materials. Services encompass parts and components, distribution solutions, and value-added processing. Innovation is a core focus, with expertise in additive manufacturing and electrification technologies. The company works closely with customers to develop advanced, high-quality alloys tailored to specific needs.	-	OSTI, Gourad Group	55/100
4th	Alcoa Howmet 1995, Whitehall (United States), Public	Maanufacturing services provider using investment casting process	-	The Carlyle Group, Economy And Finance	52/100
5th	ElementUSA 2020, Fort Lauderdale (United States), Funding Raised	Manufacturer of advanced materials using recycled waste	-	Department of War	41/100
6th	Kalapurna 1994, Mumbai (India), Unfunded	Provider of aerospace-grade metals and alloys	-	-	37/100
7th	TW Metals 1907, Exton (United States), Acquired	Supplier of industrial specialty metals	-	-	35/100
8th	Future Metals 1971, Tamarac (United States), Acquired	Manufacturer of pharmaceutical and Ayurvedic formulations	-	Riverside, Bunker Hill Capital & 1 others	33/100
9th	Sunshine Metals 1988, Corona (United States), Acquired	Manufacturer of aluminum rolled plates, alloy bars, and CNC machining services	-	-	27/100
10th	Aerotec Alloys 1960, Norwalk (United States), Unfunded	Full-service investment casting facility specializing in producing high-quality ferrous and non-ferrous castings for various industries	-	-	20/100

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Carpenter Technology has not made any investments yet. Carpenter Technology has made 5 acquisitions.

Here is the list of latest three $acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 24, 2018	Acquisition	LPW Technology	2012	Runcorn (United Kingdom)
Feb 26, 2018	Acquisition	CalRAM	2005	Simi Valley (United States)
Feb 02, 2017	Acquisition	Puris	2006	Bruceton Mills (United States)

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Here is the latest report on Carpenter Technology's sector:

Free

Metals and Alloys - Sector Report

Edition: March, 2026 (58 Pages)

View all reports related to Carpenter Technology

Media has covered Carpenter Technology for a total of 54 events in the last 1 year, 44 of them have been about company updates and 2 about people movement.