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.

Which legal entities is Carpenter Technology associated with?

Carpenter Technology is associated with Carpenter and 3 others.

How many employees does Carpenter Technology have?

As of Mar 31, 2026, the latest employee count at Carpenter Technology is 3168.

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.

What is the annual revenue of Carpenter Technology?

Annual revenue of Carpenter Technology is $2.88B as on Jun 30, 2025.

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 Precision Castparts Corp, Hexcel and ElementUSA. Among them, ElementUSA secured the most recent funding round in November, 2025.

Carpenter Technology - 2026 Company Profile, Funding, Competitors & Financials

Carpenter Technology is a public company based in Wyomissing (United States), founded in 1889. It operates as a 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.. Carpenter Technology has raised an undisclosed amount in funding. The company has 12 active competitors, including 7 that have exited. Its top competitors include companies like Precision Castparts Corp, Hexcel and ElementUSA.

Company Details

{}

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

Ranked

3^rd among 12 active competitors

Annual Revenue

$2.88B as on Jun 30, 2025

Employee Count

3,168 as on Mar 31, 2026

Investment & Acquisitions

LPW Technology & 4 more

Similar Companies

Precision Castparts Corp & 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 1 institutional investor.

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	6821648	Post IPO	9697575	3153582	8041091	2137431
Sep 07, 2010	1319932	Grant (prize money)	2429415	6318293	1762496	OSTI
Sep 01, 2010	3949191	Grant (prize money)	8880492	4561226	1279773	OSTI

Access funding benchmarks and valuations. Sign up today!

View details of Carpenter Technology's funding rounds and investors

Carpenter Technology's employee count trend

Carpenter Technology has 3,168 employees as of Mar 26. Here is Carpenter Technology's employee count trend over the years:

Employee count trend for Carpenter Technology

Uncover Carpenter Technology's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Carpenter Technology include Precision Castparts Corp, Hexcel and ElementUSA. 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	Precision Castparts Corp 1949, Portland (United States), Acquired	Manufacturer of complex metal components and products for aerospace, power, and industrial markets	$39.2M	-	68/100
2nd	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	63/100
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	55/100
4th	ElementUSA 2020, Fort Lauderdale (United States), Funding Raised	Manufacturer of advanced materials using recycled waste	-	Department of War	40/100
5th	Alcoa Howmet 1995, Whitehall (United States), Public	Maanufacturing services provider using investment casting process	-	The Carlyle Group, Ministry of Economy, Finance and Industrial and Digital Sovereignty ... Read more	38/100
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	-	-	21/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Carpenter Technology's competitors? Click here to see the top ones

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)

Want to know more about where corporates are investing? Sign up today!

See all acquisitions by Carpenter Technology

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 53 events in the last 1 year, 44 of them have been about company updates and 2 about people movement.