UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                        Date of Report - January 11, 2006
                      ------------------------------------
                        (Date of Earliest Event Reported)


                        Carpenter Technology Corporation
                        --------------------------------
             (Exact Name of Registrant as specified in its charter)

       Delaware                         1-5828                      23-0458500
       --------                         ------                      ----------
(State of Incorporation)          (Commission File No.)            (IRS Employer
                                                                      I.D. No.)


                   P.O. Box 14662, Reading Pennsylvania, 19612
               ---------------------------------------------------
                    (Address of principal executive offices)

        Registrant's telephone number, including area code (610)208-2000
        ----------------------------------------------------------------

Check the 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:

[ ] Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c)





Item 5.02 Departure of Directors or Principal Officers: Election of Directors:
          Appointment of Principal Officers

(d)  Effective on January 11, 2006, the Board of Directors of Carpenter
     Technology Corporation elected Dr. Jeffrey Wadsworth as a director. Dr.
     Wadsworth will stand for election for a full three year term at the annual
     stockholders meeting to be held in 2006. The Board determined that Dr.
     Wadsworth is an independent director and appointed him to serve on the
     Board's Corporate Governance Committee and its Human Resources Committee.

Item 7.01 Regulation FD Disclosure

     Carpenter Technology Corporation issued a press release on January 11, 2006
     discussing the election of Dr. Jeffrey Wadsworth as a director. The press
     release, attached as Exhibit 99 hereto and incorporated herein by
     reference, is being furnished pursuant to Item 7.01 and shall not be deemed
     to be "filed" for any purpose.

Item 9.01 Financial Statements and Exhibits.

     (a) and (b) None.

     (c) Exhibit:

     Exhibit 99. Press Release dated January 11, 2006





                                   SIGNATURES
                                   ----------

     Pursuant 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.



Date:  January 11, 2006         CARPENTER TECHNOLOGY CORPORATION
                                (Registrant)


                                By:/s/ David A. Christiansen
                                   -------------------------
                                   David A. Christiansen
                                   Vice President, General
                                   Counsel and Secretary





                       EXHIBIT INDEX

Exhibit               Description

99.              Press release dated January 11, 2006