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29.05.25 - 12:51
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Materion Expands Semiconductor Footprint and Capabilities in Asia Through Key Acquisition (Business Wire)
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MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion (NYSE: MTRN) announced today that it has agreed to purchase manufacturing assets for tantalum solutions in Dangjin City, South Korea, from Konasol, a Korean manufacturer serving the semiconductor and adjacent markets.
This strategic investment expands Materion's global footprint with a facility in Asia to better serve semiconductor customers in that region. The transaction includes a newly constructed, state-of-the-art facility with specialized equipment used to produce fully finished tantalum sputtering targets.
This acquisition strengthens Materion's position as a leading supplier of tantalum targets, increasing capacity to supply high growth critical deposition materials used in leading-edge semiconductor chips, including those used in high-performance computing and artificial intelligence applications.
“Materion has been a strategic partner to the global semiconductor industry for nearly four decades,” said Jugal Vijayvargiya, President and Chief...
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22.05.25 - 22:36
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Materion Appoints Melissa Fashinpaur Chief Accounting Officer (Business Wire)
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MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) announced today that Melissa Fashinpaur has been appointed chief accounting officer, effective June 1, 2025.
In her new role, Ms. Fashinpaur will be responsible for all accounting-related functions within the company, ensuring the completeness and accuracy of internal and external financial reporting, developing and implementing global accounting policies and procedures, maintaining a robust framework of internal controls, and developing an appropriate organizational structure to support the company's growth objectives. In addition, Melissa will oversee the global shared services function and lead the company's finance transformation initiatives. She will continue to report to Shelly Chadwick, Vice President and Chief Financial Officer.
“Melissa's extensive background in financial oversight, risk management and compliance, combined with her strong leadership skills and focus on people and process development make her an excell...
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07.05.25 - 22:36
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Materion Corporation Increases Quarterly Cash Dividend (Business Wire)
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MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) announced today that its Board of Directors declared a second quarter 2025 dividend of $0.14 per share of common stock, an increase of $0.005 per share. The dividend is payable on June 13, 2025, to shareholders of record at the close of business on May 29, 2025.
About Materion
Materion Corporation is a global leader in advanced materials solutions for high-performance industries including semiconductor, industrial, aerospace & defense, energy and automotive. With nearly 100 years of expertise in specialty engineered alloy systems, inorganic chemicals and powders, precious and non-precious metals, beryllium and beryllium composites, and precision filters and optical coatings, Materion partners with customers to enable breakthrough solutions that move the world forward. Headquartered in Mayfield Heights, Ohio, the company employs more than 3,000 people worldwide, serving customers in more than 60 countries.
Contacts
FOR FURTHER INF...
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01.05.25 - 12:48
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Materion Corporation Reports First Quarter 2025 Financial Results (Business Wire)
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MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) today reported first quarter 2025 financial results and provided an update to the full year outlook.
Financial Summary
Net sales were $420.3 million; value-added sales1 were $259.3 million
Net income of $17.7 million, or $0.85 per share, diluted, versus net income of $13.4 million, or $0.64 per share, in the prior year quarter; adjusted earnings of $1.13 per share versus $0.96 in the prior year quarter
Operating profit of $27.2 million versus operating profit of $22.2 million in the prior year quarter; adjusted EBITDA2 of $48.7 million versus $45.2 million in the prior year quarter
Business Highlights
Delivered 130 basis points of margin improvement year over year with record first quarter adjusted EBITDA margins
$35 million free cash flow3 improvement year over year on reduced working capital
Secured a multi-year agreement with Idaho National Lab to supply materials in support of nuclear energy research and development
“I am ple...
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28.04.25 - 14:06
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Phaseshift Technologies Appoints Mark Comerford to Board of Directors (Business Wire)
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TORONTO--(BUSINESS WIRE)--Phaseshift Technologies (“Phaseshift”), an advanced materials company specializing in the development and commercialization of next-generation alloys and composites through its proprietary AI-powered computational platform, Rapid Alloy Design (RAD)™, announced the appointment of Mark Comerford to its Board of Directors.
“We welcome Mark to the Board,” commented Fazal Mahmood, CEO & Co-Founder of Phaseshift. “Mark's operational and commercial experience in specialty alloys manufacturing and applications will increase the Company's velocity of efficiently moving our key products to market.”
Mr. Comerford brings over 40 years of experience in specialty alloys having retired as Director, President & CEO of Haynes International (nickel and cobalt alloys). Prior to Haynes, he was President of both the Alloy and International Divisions of Materion (advanced beryllium alloys), and he currently serves on the Boards of Global Advanced Metals (tantalum and niobium) with oper...
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17.04.25 - 22:33
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Materion Corporation to Announce First Quarter 2025 Financial Results on May 1 (Business Wire)
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MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) is scheduled to release its first quarter 2025 financial results on May 1, 2025, before the opening of the New York Stock Exchange. The company will hold a conference call with investors at 10:00 AM ET that morning.
Jugal Vijayvargiya, President and Chief Executive Officer, and Shelly Chadwick, Vice President, Finance and Chief Financial Officer, will represent Materion Corporation on the call.
Conference Call and Slide Presentation
To participate, please dial (888) 506-0062 or (973) 528-0011 for international participants and enter participant passcode 241119. Please be sure to dial in 10 minutes before the scheduled start time.
A live webcast will be available on the company's website (www.materion.com). To access the webcast, click on Events & Presentations under the Investor Relations page.
A recorded playback of the call will be available until May 15, 2025, at (877) 481-4010 or (919) 882-2331 for international calls; replay ...
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25.03.25 - 13:00
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Rockland Resources Acquires the Claybank Beryllium Project Near the Spor Mountain Beryllium Mine (The Newswire)
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Vancouver, British Columbia – TheNewswire - March 25, 2025, Rockland Resources Ltd. (the “Company” or "Rockland") (CSE: RKL), is pleased to announce the acquisition of the Claybank Beryllium Project in Juab County, Utah, located five kilometers northeast of Spor Mountain, the largest global beryllium producer operated by Materion Corp. (NYSE: MTRN)(1). Claybank connects via a 4.5km spur to the paved Brush Highway that is used to ship ore from Spor Mountain's mining operations to their treatment plant located 15 kilometers northeast of Delta, Utah. The location of Claybank relative to Spor Mountain and to Rockland's Beryllium Butte Project is provided below.
Click Image To View Full Size
“We are very excited to acquire Claybank which along with our Beryllium Butte Project to the west, strengthens our mandate to become a force in the niche global beryllium market.” stated Mike England, CEO of Rockland. “The global demand for beryllium is growing and Utah is the home of the larges...
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03.03.25 - 15:01
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Rockland Resources Announces Appointment of Chris Dorn to Advisory Board (The Newswire)
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Vancouver, British Columbia – TheNewswire - March 3, 2025, Rockland Resources Ltd. (the “Company” or "Rockland") (CSE: RKL), an exploration company focussed on advancing its Beryllium Butte project in Utah, is pleased to welcome Mr. Chris Dorn to its Advisory Board.
After graduating from MIT with two degrees and completing four years of active-duty military service, Chris joined Brush Wellman Engineered Materials Inc. which went on to become Materion Corp. (MTRN – US Equity), then and to this day the world's largest beryllium company. His tenure spanned over 28 years at Brush and Materion working in many different capacities: Materials Engineer, Sales Engineer, Managing Director of a beryllium-foil manufacturing and fabrication facility, Director of International Sales & Marketing, and Vice President of Beryllium Sales & Marketing.
Chris comments, “I am honored to have been offered this opportunity to be a part of Rockland's Advisory Board, and I am excited to have a chance t...
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27.02.25 - 22:18
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Materion Corporation to Hold Annual Shareholder′s Meeting May 7 (Business Wire)
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MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion Corporation (NYSE: MTRN) will hold its annual shareholder's meeting (the Annual Meeting) on May 7, 2025, at 8 a.m. EDT at the Atlanta Airport Marriott Gateway, 2020 Convention Center Concourse, Atlanta, Georgia.
About Materion
Materion Corporation is a global leader in advanced materials solutions for high-performance industries including semiconductor, industrial, aerospace & defense, energy and automotive. With nearly 100 years of expertise in specialty engineered alloy systems, inorganic chemicals and powders, precious and non-precious metals, beryllium and beryllium composites, and precision filters and optical coatings, Materion partners with customers to enable breakthrough solutions that move the world forward. Headquartered in Mayfield Heights, Ohio, the company employs more than 3,000 people worldwide, serving customers in more than 60 countries. Contacts
FOR FURTHER INFORMATION, PLEASE CONTACT:
Investors:Kyle Kelleher
(216) 383-4931
kyle.kelleh...
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