XNYS
MTRN
Market cap5.76bUSD
Oct 08, Last price
277.11USD
1D
-4.68%
1Q
7.55%
Jan 2017
599.77%
Name
Materion Corp
Chart & performance
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Profile
Materion Corporation, originally founded in 1931 as Brush Engineered Materials Inc. before adopting its current name in 2011, is an Ohio-based company headquartered in Mayfield Heights. Through its various subsidiaries, the company is a global manufacturer of highly specialized engineered materials. These materials are crucial for numerous high-tech sectors, including semiconductor fabrication, general industrial applications, aerospace and defense, the automotive industry, energy production, consumer electronics, and telecom and data center infrastructure, with its reach extending across the United States, Asia, Europe, and other international regions. The company's operations are divided into three core segments: Performance Alloys and Composites, Advanced Materials, and Precision Optics. The Performance Alloys and Composites division offers sophisticated engineered solutions, which include both beryllium-based and non-beryllium alloy systems, as well as custom-fabricated parts. These components are supplied in diverse forms such as strips, bulk materials, rods, plates, bars, tubes, and other tailored shapes. This segment strategically operates a bertrandite ore mine and refinery in Utah, ensuring a reliable supply of feedstock hydroxide for its beryllium businesses and for external sale. Materion's Advanced Materials segment is responsible for creating a variety of specialized chemicals, microelectronics packaging, and an extensive selection of precious, non-precious, and specialty metal products. Key offerings from this segment encompass items like vapor deposition targets, frame lid assemblies, clad and precious metal pre-forms, high-temperature braze materials, and ultra-pure wire. Products from this division are distributed directly from the company's facilities, as well as through its direct sales offices and a network of independent sales representatives. Lastly, the Precision Optics segment specializes in the development and manufacturing of highly accurate thin film coatings, optical filters, and integrated assemblies. Similar to the Advanced Materials segment, its offerings are sold worldwide directly from its production sites, through dedicated sales offices, and by independent sales representatives.
Related entities
Subsidiaries
Optics Balzers AG
Key people
Non-Executive Chairman of the Board · since 2018
President, Chief Executive Officer, Director · since 2017
Chief Financial Officer, Chief Accounting Officer, Vice President - Finance, Principal Financial and Accounting Officer · since 2020
Ian Tribick
Chief Technology and Marketing Officer · since 2017
Gregory R. Chemnitz
Vice President, General Counsel and Secretary · since 2017
Independent Director · since 2020
Robert J. Phillippy
Independent Director
N. Mohan Reddy
Independent Director · since 2000
Craig S. Shular
Independent Director · since 2008
Darlene J. S. Solomon
Independent Director · since 2011
Independent Director · since 2013
Legal address
C/O CT CORPORATION SYSTEM
4400 EASTON COMMONS WAY
SUITE 125
COLUMBUS, OH 43219
US
4400 EASTON COMMONS WAY
SUITE 125
COLUMBUS, OH 43219
US
Headquarters
4400 EASTON COMMONS WAY
SUITE 125
COLUMBUS, OH 43219
US
SUITE 125
COLUMBUS, OH 43219
US
Previous name
Brush Engineered Materials Inc.
Valuation
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