Welcome to our dedicated page for Materion news (Ticker: MTRN), a resource for investors and traders seeking the latest updates and insights on Materion stock.
Overview of Materion Corp
Materion Corp (NYSE: MTRN) is a globally recognized provider of advanced materials solutions that serve multiple high-technology industries. With a comprehensive product portfolio that incorporates specialty engineered alloys, inorganic chemicals, and precision optical elements, the company is intricately involved in the development, manufacturing, and marketing of high-performance materials.
Core Business Segments and Offerings
Materion Corp operates across several distinct yet interrelated segments:
- Performance Materials: Focused on engineered alloy systems, including both beryllium and non-beryllium solutions, this segment specializes in creating custom-engineered parts tailored to specific industrial needs.
- Electronic Materials: Catering to the microelectronics packaging and electronics manufacturing space, this division produces a range of specialty products such as vapor deposition targets, precious, non-precious, and specialty metal products, as well as chemical formulations.
- Precision Optics: Dedicated to the production of optical filters and specialty thin film coatings, this segment addresses the stringent requirements of precision optics applicable in consumer electronics and scientific instruments.
- Others: An ancillary segment that complements their specialized material solutions by addressing niche market requirements.
Advanced Materials and Market Significance
The company leverages a vast global manufacturing network and robust service capabilities to deliver products that support innovation across diverse industries such as consumer electronics, telecommunications infrastructure, defense, industrial, aerospace, and automotive electronics. Materion's extensive expertise in advanced materials ensures it acts as a critical supplier to technology-driven applications, contributing to the development of durable, high-performance products that empower its global clientele.
Industry-Specific Capabilities
Materion distinguishes itself through:
- Innovative Materials Engineering: Utilizing both traditional and novel approaches in materials science, the company offers a broad spectrum of engineered products designed to meet stringent performance standards.
- Global Manufacturing Strength: With manufacturing operations spanning multiple regions, Materion provides localized service while leveraging global expertise, ensuring quality and precision in every product.
- Customized Solutions: The firm’s ability to tailor products to meet specific customer requirements allows it to support technologically complex projects that span diverse market sectors.
Applications Across Industries
The importance of Materion Corp is particularly evident in industries where material properties are critical to product success:
- Consumer Electronics: High-performance materials for smartphones, tablets, and other devices rely on the precision and durability of Materion's engineered solutions.
- Defense and Aerospace: Advanced materials and alloys provided by the company are integral to systems requiring reliability under extreme conditions.
- Automotive Electronics: The integration of specialty metal systems into automotive applications enhances efficiency and longevity of electronic components.
- Medical and Energy: The firm’s materials contribute to innovations in medical devices and energy-efficient applications, underscoring its broad industrial reach.
Technological Expertise and Research Foundations
The science behind Materion's offerings is rooted in decades of research and advanced engineering practices. The company consistently applies industry-specific methodologies to maintain high quality and functionality across its product range. The multilayered expertise not only allows for the creation of intricate material solutions but also supports a continuous improvement culture that adapts to the evolving requirements of modern technology.
Competitive Landscape and Differentiation
Within a competitive market that includes other advanced materials specialists, Materion differentiates itself by offering a uniquely diverse product range combined with a strong heritage in materials science and engineering. Its strategic approach to customized manufacturing and rigorous quality control helps the company maintain a robust market presence in multiple high-tech sectors.
Summary
Materion Corp remains a cornerstone in the advanced materials sector, blending deep engineering expertise with practical manufacturing experience. The company supports a wide range of industries by providing essential materials that are the backbone of modern technological applications. Investors and industry observers alike recognize the company for its commitment to quality, innovation, and its ability to address complex technical challenges through a diversified portfolio of specialized products.
Materion Corporation (NYSE: MTRN) has declared a fourth quarter 2021 dividend of $0.12 per share, set to be paid on December 3, 2021. Shareholders of record by the close of business on November 12, 2021 will be eligible for the dividend. The company, based in Mayfield Heights, Ohio, specializes in providing advanced materials, including specialty metals and engineered alloys, to global markets.
Materion Corporation (NYSE: MTRN) will hold its quarterly conference call on November 2, 2021, at 9:00 a.m. Eastern Time, to discuss third quarter results. Key executives participating include Jugal Vijayvargiya (CEO), Shelly Chadwick (CFO), and John Zaranec (VP, Investor Relations). Interested parties can join by calling (877) 407-0778 or via a live webcast on the company's website. A replay will be available until November 16, 2021.
Materion supplies advanced engineered materials including specialty metals and inorganic chemicals across global markets.
Materion Corporation (NYSE: MTRN) has announced an agreement to acquire H.C. Starck Solutions’ electronic materials business for $380 million. This acquisition targets strategic entry into the high-growth semiconductor market by adding advanced manufacturing capabilities and premium products such as tantalum sputtering targets. The deal is expected to generate approximately $145 million in revenue and $29 million in adjusted EBITDA for 2021. The transaction is anticipated to enhance EBITDA margins by 100 basis points and provide long-term synergies, while bolstering Materion’s existing portfolio and market presence.
Materion Corporation (NYSE-MTRN) has declared a dividend of $0.12 per share for Q3 2021. This dividend will be payable on September 3, 2021 to shareholders on record as of the close of business on August 20, 2021. Materion, based in Mayfield Heights, Ohio, specializes in advanced enabling materials across various industries, offering products such as high-performance alloys, beryllium products, and microelectronics packaging materials.
Materion Corporation (NYSE: MTRN) reported robust second quarter results, achieving net sales of $371.0 million, up from $271.5 million year-over-year. Value-added sales reached a record $207.9 million, a 31% increase. Operating profit stood at $20.7 million, with adjusted EBIT at $22.1 million, reflecting a 73% year-over-year rise. Net income per diluted share was $0.87, an impressive 91% increase. The full-year outlook has been raised to $3.25 to $3.45 per share, indicating a 65% increase from the previous year.
Materion Corporation (NYSE: MTRN) has launched the ToughMet 2 CX90 alloy, a new cost-optimized solution aimed at heavy equipment bushings and bearings. This high-performance alloy addresses high friction and wear issues faced by manufacturers in industries such as construction and mining. With cost comparable to lower strength bronzes, ToughMet 2 offers enhanced load capacity and reduced maintenance needs, contributing to operational efficiency. The heavy equipment market is poised for recovery, providing opportunities for Materion as companies seek durable materials to meet increasing demands.
Materion Corporation (NYSE: MTRN) will attend the Jefferies Virtual Industrials Conference on August 4, 2021. Jugal Vijayvargiya, CEO, and Shelly Chadwick, CFO, will be available for virtual one-on-one meetings with investors. To schedule a meeting, contact your Jefferies institutional sales representative or Materion's investor relations team.
Materion, based in Mayfield Heights, Ohio, specializes in providing advanced materials including specialty metals, chemicals, coatings, and engineered alloys.
Materion Corporation (NYSE: MTRN) will conduct its quarterly conference call on August 3, 2021, at 9:00 a.m. Eastern Time to discuss its second quarter 2021 results. Executives including Jugal Vijayvargiya, CEO, and Shelly Chadwick, CFO, will be present to provide insights. Participants can join the call by dialing (877) 407-0778 or (201) 689-8565 internationally. A live webcast will be available on the Company’s website. The recorded playback will be accessible until August 17, 2021.
Materion Corporation (NYSE: MTRN) will participate in the Sidoti Virtual Investor Conference on June 23, 2021. Jugal Vijayvargiya, President and CEO, along with Shelly Chadwick, VP of Finance and CFO, will host a virtual fireside chat at 10 a.m. EDT. The company will also hold virtual one-on-one meetings with investors throughout the day.
Headquartered in Mayfield Heights, Ohio, Materion provides advanced enabling materials, including specialty metals and engineered alloys, to global markets through its subsidiaries.
Materion Corporation (NYSE:MTRN) partners with The Vera C. Rubin Observatory to create a custom optical filter set for the Legacy Survey of Space and Time Telescope (LSST) under construction in Chile. The LSST Camera will feature the world’s largest precision optical filters, enabling advanced spectral mapping. Materion's advanced materials expertise supports optical metrology, data capture, and vacuum coating. This initiative enhances Materion’s long-standing involvement in space exploration, including recent support for NASA’s Perseverance mission.
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