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Subsidy Tracker Parent Company Summary
Parent Company Name: Carpenter Technology
Ownership Structure: publicly traded (ticker symbol CRS)
Headquartered in: Pennsylvania
Major Industry: metals
Specific Industry: steel
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $6,815,901 | 24 |
| Federal (grants and allocated tax credits) | $526,027 | 1 |
| TOTAL | $7,341,928 | 25 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2009.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| Pennsylvania | $6,779,901 | 23 |
| Ohio | $36,000 | 1 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year | Subsidy Value  . | Loan/Bailout Value | Type of Subsidy |
| Carpenter Technology Corporation | Pennsylvania | state | | $1,500,000 | | grant |
| Carpenter Technology Corporation | Pennsylvania | state | 2015 | $1,290,084 | | tax credit/rebate |
| Carpenter Technology Corporation | Pennsylvania | state | | $783,000 | | tax credit/rebate |
| Latrobe Steel Company dba Latrobe Specialty Steel Company | Pennsylvania | state | | $770,000 | | grant |
| Carpenter Technology Corporation | Pennsylvania | state | 2008 | $564,828 | | tax credit/rebate |
| Carpenter Technology Corporation | United States | federal | 2010 | $526,027 | | federal grant |
| Carpenter Technology Corporation | Pennsylvania | state | 2009 | $368,852 | | tax credit/rebate |
| CARPENTER TECHNOLOGY CORPORATION | Pennsylvania | state | 2020 | $267,700 | | tax credit/rebate |
| Latrobe Steel Company | Pennsylvania | state | | $250,000 | | grant |
| Carpenter Technology Corporation | Pennsylvania | state | 2021 | $196,700 | | tax credit/rebate |
| Latrobe Steel Company dba Latrobe Specialty Steel Company | Pennsylvania | state | | $156,000 | | tax credit/rebate |
| Latrobe Steel Company | Pennsylvania | state | | $150,000 | | training reimbursement |
| Latrobe Steel Company dba Latrobe Specialty Steel Company | Pennsylvania | state | | $148,082 | | training reimbursement |
| Latrobe Steel Company dba Latrobe Specialty Steel Company | Pennsylvania | state | | $143,921 | | training reimbursement |
| Carpenter Technology Corporation | Pennsylvania | state | 2010 | $111,126 | | tax credit/rebate |
| LATROBE STEEL COMPANY | Ohio | state | 2011 | $36,000 | | grant |
| Latrobe Specialty Steel Company | Pennsylvania | state | 2010 | $30,386 | | tax credit/rebate |
| Latrobe Specialty Metals Company | Pennsylvania | state | 2016 | $10,775 | | tax credit/rebate |
| Dynamet Incorporated | Pennsylvania | state | 2008 | $10,378 | | tax credit/rebate |
| Latrobe Specialty Steel Company | Pennsylvania | state | 2011 | $9,569 | | tax credit/rebate |
| Carpenter Powder Products, Inc. | Pennsylvania | state | 2016 | $4,258 | | tax credit/rebate |
| Dynamet Incorporated | Pennsylvania | state | 2021 | $4,100 | | tax credit/rebate |
| Dynamet Incorporated | Pennsylvania | state | 2009 | $3,423 | | tax credit/rebate |
| DYNAMET INCORPORATED | Pennsylvania | state | 2020 | $3,400 | | tax credit/rebate |
| Carpenter Powder Products, Inc. | Pennsylvania | state | 2017 | $3,319 | | tax credit/rebate |
