Materion Corporation (MTRN) NYSE

Currency In USD

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Materion Corporation

Address

6070 Parkland Boulevard

Mayfield Heights, OH 44124

United States of America (the)

Phone

216 486 4200

Sector

Basic Materials

Industry

Industrial Materials

Employees

2880

First IPO Date

March 17, 1980

Key Executives

NameTitlePayYear Born
Jugal K. VijayvargiyaChief Executive Officer, President & Director1.05M1968
Alfonso T. LubranoPresident & Chief Executive Officer of Technical Materials Inc0N/A
Gregory R. ChemnitzVice President, General Counsel & Secretary521,9521958
Shelly ChadwickChief Financial Officer & Vice President of Finance555,3721972
Sam FultonVice President of Strategy & Corporate Development0N/A
Melissa A. FashinpaurChief Accounting Officer01979
Jason MoorePresident of Precision Optics0N/A
Pankaj LahotiChief Information Officer0N/A
Allen F. ReidChief Human Resources Officer0N/A
Kyle KelleherDirector of Investor Relations & Corporate FP&A0N/A
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Description

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.

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