| Business Summary | | Carpenter
Technology
Corporation
is
engaged
in
the
manufacture,
fabrication
and
distribution
of
specialty
metals
and
certain
engineered
products.
Carpenter
is
organized
on
a
product
basis
and
managed
in
three
segments:
Specialty
Alloys,
Titanium
Alloys
and
Engineered
Products.
Carpenter
primarily
processes
basic
raw
materials
such
as
chromium,
nickel,
titanium,
iron
scrap
and
other
metal
alloying
elements
through
various
melting,
hot
forming
and
cold
working
facilities,
to
produce
finished
products
in
the
form
of
billet,
bar,
rod,
wire,
narrow
strip,
special
shapes
and
hollow
forms
in
many
sizes
and
finishes,
and
produces
certain
metal
powders
and
fabricated
metal
products.
In
addition,
ceramic
and
metal-injection
molded
products
are
produced
from
various
raw
materials
using
molding,
heating
and
other
processes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CRS
is
engaged
in
the
manufacturing,
fabrication,
and
distribution
of
specialty
metals.
CRS
also
manufactures
certain
engineered
products
such
as
structural
ceramics,
and
ultra
hard
wear
parts.
For
the
fiscal
year
ended
6/30/01,
net
sales
rose
19%
to
$1.32
billion.
Net
income
before
accounting
change
fell
34%
to
$35.2
million.
Results
reflect
improved
product
mix
and
increased
raw
material
surcharge
revenues,
offset
by
$36
million
in
realignment
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Dennis Draeger, 59 Chairman,
Pres, CEO | $589K | Terrence Geremski, 53 CFO,
Sr. VP-Fin. | -- | Michael Shor, 41 Sr.
VP, Specialty Alloys Operations | 385K | Robert Torcolini, 49 Sr.
VP- Engineered Products Operations | 389K | Jaime Vasquez, 38 VP,
Treasurer | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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