Carpenter Technology Develops Pyrowear® 225 - a Next Generation Gear Alloy for Critical Transmission Applications
June 17 2019 - 2:00AM
Carpenter Technology Corporation (NYSE: CRS) today announced that
it has developed an advanced jet engine gear solution, Pyrowear®
225 alloy, targeted for high performance and demanding
applications. Compared to standard industry solutions, Carpenter
Technology’s Pyrowear® 225 alloy offers a combination of ~30%
higher ultimate strength or 250 degrees F operating temperature
improvement.1 This solution is expected to enable next
generation engines to realize further improvements in fuel
efficiency, by allowing operation at higher temperatures with
reduced weight.
“We are excited to add Pyrowear® 225 alloy to
our range of industry-leading solutions to help our customers save
weight, increase space availability, and extend endurance limits
when designing for critical components”, said David Graf, Carpenter
Technology’s Chief Technology Officer. “We look forward to working
with our customers to demonstrate the benefits of this material
solution in next generation engine designs.”
Pyrowear® 225 alloy builds on Carpenter
Technology’s portfolio of Pyrowear® gear solutions and achieves a
typical ultimate strength of 225 KSI, which is a measurable
improvement in strength relative to other low-alloy solutions.
Results of a comprehensive test program that Carpenter Technology
initiated are published in a White Paper that will be distributed
at the Paris Air Show. Data from the White Paper will also be
included in the Pyrowear® 225 alloy material Data Sheet that will
be published soon. Visitors to the International Paris Air Show are
welcome to visit Carpenter Technology’s booth, which is located at
Hall 5, E232, to learn more about this and other advanced material
solutions.
Media/Investor Inquiries
Carpenter Technology – Media Inquiries Heather
Beardsley +1 610-208-3892
Carpenter Technology – Investor InquiriesBrad
Edwards The Plunkett Group +1 212-739-6740
brad@theplunkettgroup.com
About Carpenter Technology
Corporation
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. Founded in 1889, Carpenter Technology has
evolved to become a pioneer in premium specialty alloys, including
titanium, nickel, and cobalt, as well as alloys specifically
engineered for additive manufacturing (AM) processes and soft
magnetics applications. Carpenter Technology has expanded its AM
capabilities to provide a complete “end-to-end” solution to
accelerate materials innovation and streamline parts production.
More information about Carpenter Technology can be found at
www.carpentertechnology.com.
Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements are based on management’s current
expectations and are subject to risks, uncertainties and other
factors that could cause actual results to differ from those
projected, anticipated or implied. The most significant of these
uncertainties are described in Carpenter Technology's filings with
the Securities and Exchange Commission, including its annual
report on Form 10-K for the year ended June 30, 2018, Form
10-Q for the quarters ended September 30, 2018, December 31, 2018
and April 25, 2019, and the exhibits attached to those filings.
Carpenter Technology undertakes no obligation to update or revise
any forward-looking statements.
1 Compared to 9310 alloy.
Carpenter Technology (NYSE:CRS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Carpenter Technology (NYSE:CRS)
Historical Stock Chart
From Jul 2023 to Jul 2024