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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001188112-08-001221.txt : 20080404
<SEC-HEADER>0001188112-08-001221.hdr.sgml : 20080404
<ACCEPTANCE-DATETIME>20080404153417
ACCESSION NUMBER:		0001188112-08-001221
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20080404
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20080404
DATE AS OF CHANGE:		20080404

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CARPENTER TECHNOLOGY CORP
		CENTRAL INDEX KEY:			0000017843
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES  ROLLING MILLS (COKE OVENS) [3312]
		IRS NUMBER:				230458500
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05828
		FILM NUMBER:		08740390

	BUSINESS ADDRESS:	
		STREET 1:		2 MERIDIAN BOULEVARD
		CITY:			WYOMISSING
		STATE:			PA
		ZIP:			19612
		BUSINESS PHONE:		6102082000

	MAIL ADDRESS:	
		STREET 1:		PO BOX 14662
		CITY:			READING
		STATE:			PA
		ZIP:			19612-4662
</SEC-HEADER>
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<TYPE>8-K
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STATES</font></div>
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AND EXCHANGE COMMISSION</font></div>
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Report: April 4, 2008</font></div>
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TECHNOLOGY CORPORATION</font></div>
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code</font></div>
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appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:</font></div>
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              <td align="left" valign="top" width="5%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: wingdings">&#160;</font></td>
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              <td align="left" valign="top" width="7%">
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      8.01</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On April
1, 2008, Carpenter issued a press release announcing the completion of the sale
of its ceramic operations to the Morgan Crucible Company plc.&#160;&#160;A copy
of the press release is attached hereto as Exhibit 99.1 and incorporated herein
by reference.&#160;&#160;This press release is furnished not &#8220;filed&#8221; for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities of that section.</font></div>
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to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</font></div>
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      </font></td>
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      </font></td>
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      </font></td>
              <td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
              <td valign="top" width="22%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
              <td valign="top" width="25%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
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      Oliver C. Mitchell, Jr.</font></td>
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      </font></td>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Oliver
      C. Mitchell, Jr.</font></div>
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      </font></td>
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      </font></td>
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              </td>
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      </font></td>
              <td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
      </font></td>
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4, 200<a name="id_0_3" /><a name="id_0_4" /><a name="id_0_5" /><a name="id_0_6">8</a></font></div>
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<TYPE>EX-99.1
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<TEXT>
<html>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">Investor and Media
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      A Christiansen</font></div>
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">610-208-3065</font></div>
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      </font></td>
              <td align="left" valign="top" width="30%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; TEXT-DECORATION: underline">dchristiansen@cartech.com</font></font></div>
              </td>
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      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">CARPENTER
COMPLETES DIVESTITURE</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">OF
CERAMICS BUSINESSES</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 2; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font>Wyomissing, PA., (April 1, 2008) &#8211;
Carpenter Technology Corporation (NYSE:CRS), today announced completion of the
sale of its&#160;ceramics businesses, Certech and Carpenter Advanced
Ceramics,&#160;to the Morgan Crucible Company plc.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 2; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The sale
of the businesses occurred on March 31, 2008 and concluded the transaction
previously announced December 21, 2007.&#160;&#160;The businesses were sold on a
cash and debt-free basis for approximately $145 million.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 2; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Carpenter
Technology produces and distributes specialty alloys, including stainless
steels, titanium alloys and superalloys, and various engineered products.
Detailed information about Carpenter Technology can be accessed at our website:
<font style="DISPLAY: inline; TEXT-DECORATION: underline">www.cartech.com</font>.</font></div>
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Carpenter Technology</font><br></font></div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Except
for historical information, all other information in this news release consists
of forward-looking statements within the meaning of the Private Securities
Litigation Act of 1995.&#160;&#160;These forward-looking statements are subject
to risks and uncertainties that could cause actual results to differ from those
projected, anticipated or implied.&#160;&#160;The most significant of these
uncertainties are described in Carpenter's filings with the Securities and
Exchange Commission including its annual report on Form 10-K for the year ended
June 30, 2007, its subsequent Form 10-Q, and the exhibits attached to those
filings.&#160;They include&#160;but are not limited to: 1) the cyclical nature
of the specialty materials business and certain end-use markets, including
aerospace, industrial, automotive, consumer, medical, and energy including power
generation, or other influences on Carpenter&#8217;s business such as new competitors,
the consolidation of customers and suppliers or the transfer of manufacturing
capacity from the United States to foreign countries; 2) the ability of
Carpenter to achieve cost savings, productivity improvements or process changes;
3)&#160;the ability to recoup increases in the cost of energy and raw materials
or other factors;&#160;&#160;4)&#160;domestic and foreign excess manufacturing
capacity for certain metals; 5)&#160;fluctuations in currency exchange rates; 6)
the degree of success of government trade actions; 7)&#160;the valuation of the
assets and liabilities in Carpenter&#8217;s pension trusts and the accounting for
pension plans; 8)&#160;possible labor disputes or work stoppages;&#160;&#160;9)
the potential that our customers may substitute alternate materials or adopt
different manufacturing practices that replace or limit the suitability of our
products; 10) the ability to successfully acquire and integrate acquisitions;
11) the ability of Carpenter to implement and manage material capital expansion
projects in a timely and efficient manner; and (12) the pending sale of its
ceramics operations.&#160;&#160;Any of these factors could have an adverse
and/or fluctuating effect on Carpenter's results of operations.&#160;&#160;The
forward-looking statements in this document are intended to be subject to the
safe harbor protection provided by Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
Carpenter undertakes no obligation to update or revise any forward-looking
statements.</font></div>
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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
