Can CRS's Brownfield Expansion Project Fuel Long-Term Growth?

Key Takeaways CRS is investing $400M to add 9,000 tons of melt capacity via a brownfield expansion in Athens.The project was on schedule in 2Q26, with commissioning targeted for early FY28.Carpenter Technology expects earnings growth, but no material impact on the supply-demand imbalance.Carpenter Technology Corporation (CRS) is investing in a $400-million brownfield expansion project based in Athens. The project is aimed at adding high-purity primary and secondary melt capacity to the company’s existing do ...