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Carpenter Technology

High-performance alloys and titanium powders

R&D Technician 2 - Melting

Full-TimeUpdated on 10/23/2026
No salary listed
Junior
Reading, PA, USA
In Person
Manufacturing & Production OperationsMachine & Process Operation

About the job

Requirements
  • A high school diploma or GED is required.
  • At least one year of related experience is required.
  • Working knowledge of scientific principles, standards, methods, and practices is required.
  • Working knowledge of metallurgical and laboratory equipment is required.
  • Ability to develop basic skills to set up and operate various pieces of equipment on fairly routine jobs is required.
  • Ability to work with moderate supervision and in a production-oriented environment is required.
  • Interpersonal skills and verbal and written communication skills are required.
  • Basic laboratory skills are required.
  • Ability to lift up to 40 pounds occasionally throughout the shift is required.
  • Computer skills, including Microsoft Outlook and Word, are required.
  • Ability to navigate a mainframe and LIMS system is required.
  • Ability to perform basic calculations necessary for the job is required.
  • Attention to detail, ability to follow written and verbal instructions, and focus on safety are required.
  • Overtime hours may be required.
Responsibilities
  • Support melting operations in R&D.
  • Operate and assist with operation of lab-scale VIM, VAR, and ESR furnaces.
  • Perform processing tasks including heat preparation, melting, casting, heat treating, cutting operations, and other assigned tasks.
  • Prepare experimental heats, rebuild furnaces, and melt and cast heats.
  • Operate band saws in the R&D High Bay.
  • Provide backup for other R&D positions as needed.
Desired Qualifications
  • Technical or mechanical experience is desired; machinist or melting experience is a plus.
  • Previous experience operating a tow motor is desired, but training will be provided.

About the company

Carpenter Technology specializes in high-performance materials and advanced process solutions for aerospace, transportation, medical, and energy markets. Its offerings include superalloys and titanium powder technologies that support manufacturing techniques such as additive manufacturing (3D printing), enabling the production of advanced components. The company differentiates itself through its deep materials science expertise, a broad portfolio of high-performance powders and alloys, and end-to-end process knowledge that helps customers design, qualify, and produce parts with demanding performance. Carpenter’s goal is to help customers create critical, reliable products by providing materials and process solutions that unlock new design possibilities and improve performance across demanding applications.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Philadelphia, Pennsylvania

Founded

1889

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Simplify's Take

What believers are saying

  • Fiscal 2026 operating income hit $702 million; FY2027 guidance reached $880 million.
  • August 2026 board authorization added $1 billion for buybacks after repurchasing $179.1 million.
  • Semiconductor, energy, and aerospace bookings strengthened in 2026, supporting volume, pricing, and mix.

What critics are saying

  • Brian Malloy's July 2026 death revived Tony Thene, exposing leadership continuity risk.
  • Aerospace demand concentration makes Boeing or Airbus production cuts hit 2027 cash flow fast.
  • Brownfield expansion must hit early FY2028; delays would cap the FY2029 $1.3 billion target.

What makes Carpenter Technology unique

  • Carpenter dominates nickel superalloys, titanium, and powder metallurgy for aerospace and defense.
  • Its SAO segment delivered 37.8% margins in Q4 2026, a records streak.
  • Long-term agreements and qualification barriers lock in customers like Boeing, Airbus, and Pratt.

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Benefits

  • Life Insurance
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Flexible Spending Accounts
  • Disability Insurance
  • 401(k) with company contributions

Growth & Insights and Company News

6 month growth

12%

1 year growth

9%

2 year growth

9%
Yahoo Finance
Oct 22nd, 2026
Carpenter Technology posts record Q1 operating income of $196.4M, up 28%, and targets $1.2B–$1.3B by FY2029

Carpenter Technology posted record first-quarter operating income of $196.4 million, up 28% year over year, in results released October 22, 2026. Gross profit rose 18% to $256.3 million, and diluted earnings per share were $3.25. Net sales excluding surcharge rose 5% year over year but fell 7% from the previous quarter because of planned maintenance outages. Commercial aerospace bookings climbed 25% year over year. Free cash flow was negative $24.8 million, hit by capital spending and a build in working capital. The company bought back $133.9 million of shares and kept its full-year free cash flow outlook of $400 million to $430 million. It targets operating income of about $1.2 billion to $1.3 billion by fiscal 2029, and expects second-quarter operating income of $192 million to $197 million.

Associated Press
Oct 22nd, 2026
Law firm probes Carpenter Technology after 20.62% share plunge on $798.2M revenue miss

The Law Offices of Frank R. Cruz is investigating potential securities fraud claims for investors in Carpenter Technology Corporation (NYSE: CRS) after its shares fell 20.62% on October 22, 2026. The firm is examining whether the company violated federal securities laws. Carpenter Technology reported first quarter 2027 revenue of $798.2 million, which missed consensus by $32.49 million. Operating income at its Specialty Alloys Operations segment was $216.3 million, down 6% sequentially and below the company's guidance. The firm said it will look at whether investors had complete and accurate information before the disclosure. It stressed that this is an investigation, not a lawsuit. Investors who lost money can contact the firm by email at [email protected] or by phone on 310-914-5007.

Yahoo Finance
Oct 22nd, 2026
Carpenter Technology shares plunge 22% despite record $798.5M sales and earnings beat

Shares of Carpenter Technology (NYSE:CRS) fell 22.2% on Thursday after the Philadelphia-based specialty metals company reported mixed fiscal first-quarter results. Earnings of $3.25 per share beat analyst forecasts of $3.04. Sales of $798.5 million missed the $830.8 million forecast, though they rose 28% year over year to a company record. Carpenter generated no free cash flow, burning nearly $25 million on higher capital spending, including expanding a factory. The stock also trades at 32 times trailing earnings, giving a PEG ratio of 1.5, which suggests it may be overpriced. Chief executive officer Tony Thene said aerospace bookings for future shipments rose 49%.

Yahoo Finance
Oct 22nd, 2026
Carpenter Technology posts record $196.4M operating income, launches $1B buyback

Carpenter Technology (NYSE:CRS) reported record operating income of $196.4 million for its fiscal first quarter ended September 30, up 28% from a year earlier. Sales excluding surcharges rose 5% to $656.5 million, despite planned maintenance outages. Aerospace demand strengthened. Bookings from distribution and structural customers rose 49% year over year, and engine bookings rose 22%. Chief executive officer Tony Thene said his outlook on demand and pricing is stronger than a quarter ago, though defense orders remain held back by funding delays. For the second quarter, Carpenter expects operating income of $192 million to $197 million. It kept its fiscal 2027 free-cash-flow target of $400 million to $430 million. The company also launched a new $1 billion share-repurchase programme after completing its prior $400 million authorisation.

Yahoo Finance
Oct 22nd, 2026
Carpenter Technology beats profit forecasts with $162.5M first-quarter earnings, but revenue misses at $798.2M

Carpenter Technology Corp. reported fiscal first-quarter earnings of $162.5 million on Thursday, or $3.25 per share. The Philadelphia-based maker of stainless steels and special alloys beat Wall Street expectations. Three analysts surveyed by Zacks Investment Research had expected $2.97 per share. Revenue came in at $798.2 million, short of the $807.8 million analysts forecast. For the current quarter ending in December, the company expects revenue of $192 million to $197 million.