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Materion
-4.78%
Cutting-edge materials / Advanced materials and performance alloys
At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebMaterion Corporation is a global leader in advanced materials solutions, at the forefront of delivering technologies that enable innovative products. Our value proposition is simple: We are as broad an advanced materials (AM) solution provider as there is in the marketplace. We do business in a number of key markets and applications.
There are several things that make Materion a special and unique company:
1. A long history of innovation and expertise: Materion has been in business for over 100 years and has a long history of pioneering and developing new materials and technologies. From producing the first commercially viable aluminum alloy in the early 1900s to developing high-tech materials for use in space exploration, Materion has a strong tradition of innovation and expertise.
2. A focus on advanced materials: Materion is a global leader in the production of advanced materials, including precious and non-precious metals, specialty coatings, and microelectronic components. These materials are used in a wide range of applications, from aerospace and defense to medical devices and consumer electronics.
3. Environmentally responsible practices: Materion is committed to sustainability and has implemented environmentally responsible practices in its operations. This includes reducing its carbon footprint, conserving resources, and constantly seeking ways to improve its processes and products to minimize their impact on the environment.
4. Strong customer relationships: Materion values its customers and strives to build strong relationships with them. The company works closely with its customers to understand their needs and develop customized solutions that meet their specific requirements.
5. Diverse and inclusive culture: Materion values diversity and inclusion and is committed to creating a workplace where all employees feel valued and respected. The company actively promotes a culture of inclusion, and its workforce includes people of different backgrounds, experiences, and perspectives.
6. Emphasis on employee development: Materion invests in its employees and provides them with opportunities for growth and development. The company offers a variety of training and development programs to help employees enhance their skills and advance their careers.
Materion is a global advanced materials company that produces and supplies high-performance materials, products, and services for a wide range of industries and applications. Their business model focuses on innovation, customer collaboration, and sustainability. They work closely with their customers to understand their needs and develop customized solutions to meet their specific requirements.
Materion's business model is built on four key elements:
1. Advanced Materials Production: Materion uses its expertise in metallurgy, chemical synthesis, and manufacturing to produce a diverse range of advanced materials, including alloys, beryllium products, and specialty coatings.
2. Customized Solutions: They work closely with their customers to develop customized solutions that meet their unique needs and specifications. This may involve modifying existing materials or developing new ones to achieve specific properties or applications.
3. Collaborative Partnership: Materion believes in building long-term partnerships with its customers. They work closely with them to understand their business goals and develop solutions that help them achieve success.
4. Sustainable Practices: Materion is committed to sustainable practices, both in terms of their business operations and the materials they produce. They continuously strive to improve their processes and products to minimize their environmental impact and promote a circular economy.
In summary, Materion's business model is centered on providing innovative and customized materials solutions to a diverse range of industries, while also prioritizing collaboration with customers and sustainability.
1. The company now known as Materion was founded in 1931 as the Brush Beryllium Company. It was initially a joint venture between the Charles F. Brush Company and the American Beryllium Company.
2. The company’s first major product was beryllium-copper alloy, which was used to make high-strength, non-sparking tools for the aviation industry.
3. In 1937, the company developed a process for producing pure beryllium metal, making it the first company to do so in the United States.
4. During World War II, Materion played a crucial role in the development of the atomic bomb. Its beryllium was used in the production of the bomb’s triggers.
5. The company has been involved in the space industry since the 1960s, providing materials and components for spacecraft and satellites.
6. In 2000, the company changed its name from Brush Wellman to Materion Corporation, reflecting its expanded product range and global presence.
7. Materion is a Fortune 1000 company, with annual revenues of over $1.2 billion.
8. The company has over 3,000 employees and operates in 20 locations around the world.
9. Materion is known for its expertise in specialty materials, particularly in the fields of beryllium, precious metals, and engineered material solutions.
10. The company has a strong commitment to environmental sustainability and has implemented several initiatives to reduce its environmental footprint, including a goal to reduce greenhouse gas emissions by 30% by 2030.