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 SummarySubsidy ValueNumber of Awards
State/Local$6,344,00120
Federal (grants and allocated tax credits)$1,630,0008
TOTAL$7,974,00128
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
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 2008.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

CARPENTER POWDER PROD; Carpenter Technology; DYNAMET; LATROBE SPECIALTY METAL; LATROBE STEEL

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Pennsylvania$6,308,00119
Ohio$36,0001

Individual Subsidy Records:

Click on the company name for more information on each subsidy award.
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Company Location Subsidy Source Year Subsidy Valuesort icon 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 POWDER PRODUCTS United States federal 2005 $420,000 federal grant
CARPENTER POWDER PRODUCTS United States federal 2006 $391,667 federal grant
Carpenter Technology Corporation Pennsylvania state 2009 $368,852 tax credit/rebate
CARPENTER TECHNOLOGY CORPORATION United States federal 2004 $356,250 federal grant
Latrobe Steel Company Pennsylvania state $250,000 grant
CARPENTER POWDER PRODUCTS United States federal 2007 $207,083 federal grant
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
CARPENTER POWDER PRODUCTS United States federal 2006 $100,000 federal grant
CARPENTER TECHNOLOGY CORPORATION United States federal 2010 $80,000 federal grant
CARPENTER TECHNOLOGY CORPORATION United States federal 2011 $38,426 federal grant
CARPENTER TECHNOLOGY CORPORATION United States federal 2011 $36,574 federal grant
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 2009 $3,423 tax credit/rebate
Carpenter Powder Products, Inc. Pennsylvania state 2017 $3,319 tax credit/rebate
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