Carpenter Technology Overview

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.
The staff at Carpenter Technology come from unusually diverse demographic backgrounds. The company is 20.9% female and 32.0% ethnic minorities. Carpenter Technology employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 53.8% of employees identifying as members of the Republican Party. Despite their political differences, employees at Carpenter Technology seem to be happy. The company has great employee retention with staff members usually staying for 5.8 years. The average employee at Carpenter Technology makes $60,090 per year. In comparison, some of its highest paying competitors, like Allegheny Technologies, Glatfelter, and Air Liquide, pay $68,193, $66,439, and $65,515, respectively.
Based in Philadelphia, Pennsylvania, Carpenter Technology is a key player in the manufacturing industry with 4,800 employees and an annual revenue of $2.2B.

The Organization’s Mission

Our vision inspires us to embrace our strategy and core values, and to be a valued strategic partner to our customers.

Industry

Manufacturing

Revenue

$2.2B

Employees

4,800

Founded in

1889

Headquarters

Philadelphia, PA

Website

www.carpentertechnology.com

Organization Type

Public

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The Team At Carpenter Technology

Key People
  • Carl Anderson Jr (Director)
  • Douglas Ralph (Executive Officer)
  • Robert Torcolini (CEO)
  • William Wulfson (Executive Officer, Director)
  • Sunil Widge (Executive Officer)
  • Jeffrey Wadsworth (Director)
  • Phillip Anderson (Director)
  • David Strobel (Executive Officer)
  • Gregory Pratt (ceo)
  • Robert McMaster (Director)
  • Stephen Ward Jr (Director)
  • Gordon Besley (Manager)
  • Peter Stephans (Director)
  • Kathryn Turner (Director)
  • Thomas Cramsey (Executive Officer)
  • Martin Inglis (Director)
  • James Dee (Executive Officer)
  • Thomas Hicks (Director)
  • Steven Karol (Director)

Carpenter Technology Reviews

Zippia Official Logo

3.0

Zippia UserOctober 2019

3.0

Zippia Official LogoZippia UserOctober 2019

What Do You Like About Working There?

Good hours Show More

What DON'T You Like About Working There?

Click orientated. They do not like to move employees up unless they are in the click Show More

What Are Your Favorite Benefits/Perks?

good 401K Show More
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Carpenter Technology Rankings

Carpenter Technology is ranked #84 on the Best Companies to Work For in Pennsylvania list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Carpenter Technology Salaries

How much does Carpenter Technology pay?
The national average salary for a Carpenter Technology employee in the United States is $60,090 per year. Employees in the top 10 percent can make over $97,000 per year, while employees at the bottom 10 percent earn less than $37,000 per year.
8.2
Salary Score
Average Employee Earnings

Carpenter Technology Salaries By Job Title

While the average employee salary at Carpenter Technology is $60,090, there is a big variation in pay depending on the role. Some of the positions that earn high wages at Carpenter Technology include Architect And Developer, Production Manager, Metallurgist, and Mechanical Engineer. A typical Architect And Developer salary at Carpenter Technology is $108,206 per year. To get a better sense of the salaries at Carpenter Technology, other roles such as Furnace Operator and Material Handler can be considered as well. For comparison, the title Furnace Operator at Carpenter Technology earns $31,670 per year.
Title
Average
Architect And Developer
Architect And Developer
$108,206
$108k
Production Manager
Production Manager
$93,737
$94k
Metallurgist
Metallurgist
$85,522
$86k
Mechanical Engineer
Mechanical Engineer
$84,904
$85k
Front End Developer
Front End Developer
$84,424
$84k
Consultant
Consultant
$82,316
$82k
Quality Specialist
Quality Specialist
$80,992
$81k
Quality Administrator
Quality Administrator
$80,567
$81k
Process Engineer
Process Engineer
$79,652
$80k
Business Development Representative
Business Development Representative
$75,767
$76k

Carpenter Technology Careers

On average, employees at Carpenter Technology stay with the company for 5.8 years. Employees most commonly join Carpenter Technology after leaving Alcoa. When they leave Carpenter Technology, they most frequently get their next job at AM Castle & Co.

Average Length of Employment

Carpenter Technology

5.8 years
Alcoa5.2 years
Carpenter4.3 years
Top Employers Before Carpenter Technology
Alcoa10.5 %
Reading7.0 %
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Top Employers After Carpenter Technology
Reading6.6 %
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Carpenter Technology Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1889

Organization type

Public

Carpenter Technology Financing Rounds

DateAmountSecurity Type
Mar 13, 2012Equity
Mar 13, 2012
$433,026,000
$433,026,000
Equity
Equity

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Carpenter Technology Subsidiaries

Subsidiaries to Carpenter Technology include Latrobe Specialty Metals Company. Employees at the parent company, Carpenter Technology, earn $60,090 whereas employees at Latrobe Specialty Metals Company earn $47,024, on average.
Company
Average Salary
Latrobe Specialty Metals Company
Latrobe Specialty Metals Company
$47,024
$47k

Carpenter Technology Competitors

Based on our research, similar companies to Carpenter Technology are Allegheny Technologies, Glatfelter, and Air Liquide. The wages at Allegheny Technologies average higher than the other similar companies, where the median salary is $68,193 per year. The employees at Glatfelter earn an average yearly salary of $66,439 per year, and the salaries at Air Liquide average $65,515 per year.

Frequently Asked Questions about Carpenter Technology

When was Carpenter Technology founded?

Carpenter Technology was founded in 1889.

How many Employees does Carpenter Technology have?

Carpenter Technology has 4,800 employees.

How much money does Carpenter Technology make?

Carpenter Technology generates $2.2B in revenue.

What industry is Carpenter Technology in?

Carpenter Technology is in the manufacturing industry.

What is Carpenter Technology's mission?

Carpenter Technology's mission statement is "Our vision inspires us to embrace our strategy and core values, and to be a valued strategic partner to our customers."

What type of company is Carpenter Technology?

Carpenter Technology is a public company.

Who are Carpenter Technology's competitors?

Carpenter Technology competitors include Allegheny Technologies, Carpenter, Alcoa, Glatfelter, Gerdau Special Steel North America, OMNOVA Solutions, Materion, Republic Steel, US Pipe, Severstal, ArcelorMittal, Bodycote Thermal Processing, Haynes International, General Cable, SCHOTT, Cabot, OSRAM SYLVANIA, Air Liquide, Georgia-Pacific, Kaiser Aluminum.

Who works at Carpenter Technology?

Carl Anderson Jr (Director)

Douglas Ralph (Executive Officer)

Robert Torcolini (CEO)

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You can find out what it is like to work at Carpenter Technology, also known as CARPENTER TECH CORP, CARPENTER TECHNOLOGY CORP, Carpenter Technology, Carpenter Technology Corp and Carpenter Technology Corporation.

Zippia gives an in-depth look into the details of Carpenter Technology, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Carpenter Technology. The employee data is based on information from people who have self-reported their past or current employments at Carpenter Technology. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Carpenter Technology and its employees or that of Zippia.