Carpenter Technology Corporation ( CRS)

F1Q 2012 Earnings Conference Call

October 25, 2011 10:00 ET

Executives

Mike Hajost – Vice President, Investor Relations and Treasurer

Bill Wulfsohn – President and Chief Executive Officer

Doug Ralph – Senior Vice President and Chief Financial Officer

Dave Strobel – Senior Vice President, Global Operations

Mark Hayman – Senior Vice President, Specialty Alloys Operations

Analysts

Mark Hokanson – Cowen & Co.

Edward Marshall – Sidoti & Company

Mark Parr – KeyBanc

Tim Hayes – Davenport & Company

Chris Olin – Cleveland Research

Stephen Levenson – Stifel, Nicolaus

Presentation

Operator

Good morning and welcome to Carpenter Technology’s First Quarter Earnings Conference Call. My name is (Katrina) and I’ll be your coordinator for today. At this time, all participants are in a listen-only mode. After the speakers’ remarks, you’ll be invited to participate in the question-and-answer session. (Operator Instructions)

I would now like to turn the call over to your host for today, Mr. Mike Hajost, Vice President of Investor Relations and Treasurer. Please proceed.

Mike Hajost – Vice President, Investor Relations and Treasurer

Thank you, (Katrina). Good morning, everyone, and welcome to Carpenter’s earnings conference call for the first quarter ended September 30, 2011. This call is also being broadcast over the Internet.

With us today are Bill Wulfsohn, President and Chief Executive Officer; and Doug Ralph, Senior Vice President and Chief Financial Officer. Also participating on the call are Dave Strobel, Senior Vice President, Global Operations; Mark Hayman, Senior Vice President, Specialty Alloys Operations as well as other members of the management team.

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