Crucible Industries
| Company type | Limited liability company |
|---|---|
| Industry | Steel |
| Founded | 1900 |
| Defunct | 2025 |
| Headquarters | Solvay, New York, a suburb of Syracuse |
Area served | Global |
Key people | John Shiesley, President |
| Products | Specialty steels: CPM High Speed Steel CPM Stainless Tool Steel CPM Tool Steel High-speed steel Stainless steel Tool steel |
Number of employees | 550 (2009) |
| Website | CrucibleIndustries.com |
Crucible Industries, commonly known as Crucible, was an American company which developed and manufactured specialty steels, and was the sole producer of a line of sintered steels known as Crucible Particle Metallurgy (CPM) steels. The company produced high speed, stainless and tool steels for the automotive, cutlery, aerospace, and machine tool industries.
Crucible's history spanned over 100 years, and the company inherited some of its ability to produce high-grade steel from England beginning in the late 1800s. Thirteen crucible-steel companies merged in 1900 to become the largest producer of crucible steel in the United States, and this company evolved into a corporation with 1,400 employees in several states.
Crucible declined in tandem with the automotive industry during the 1980s, recovering over the next decade. Although the company entered bankruptcy in 2009, JP Industries of Cleveland revived it as Crucible Specialty Metals Division to continue producing specialty steels at its original site.
Some of Crucible's products were manufactured using a powder metallurgy process (their CPM process), resulting in steels with superior mechanical properties. These steels found specialized scientific and industrial applications and were also favored by knife makers for the production of blades which are tough, hard and corrosion resistant.