Materion Corp - Company Profile
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Materion Corp (Materion) is a developer of specialty engineered alloy systems, inorganic chemicals and powders, and both precious and non-precious metals. it also produces beryllium and beryllium composites, precision filters, optical coatings, advanced chemicals, microelectronics packaging, and specialty metal products. Materion provides advanced engineered solutions, including beryllium and non-beryllium containing alloy systems and custom engineered parts in various forms. Its products are used in various industries, including semiconductor, industrial, aerospace and defense, energy, automotive, telecommunications and data center, and consumer electronics. The company's products are manufactured in facilities located throughout the US and Europe and are sold through distribution hubs worldwide. Materion is headquartered in Mayfield Heights, Ohio, the US.
Materion Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Microelectronics Packaging Materials | Material Recycling and Reclamation |
| Precision Optics | Metal and Inventory Management |
| Technical Ceramics | Research and Development |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In October, the company entered into a partnership with Commonwealth Fusion Systems to deliver beryllium fluoride for use in fusion power plants. |
| 2025 | Plans/Strategy | In May, the company announced its plans to acquire manufacturing assets for tantalum solutions in Dangjin City, South Korea from Konasol. |
| 2025 | Plans/Strategy | In April, the company announced plans to deliver its SupremEX composite for components on Bell Textron’s US Army FLRAA prototypes. |
Competitor Comparison
| Key Parameters | Materion Corp | NGK Insulators Ltd | Ningxia Orient Tantalum Industry Co Ltd | IBC Advanced Alloys Corp | AMI Doduco, Inc. |
|---|---|---|---|---|---|
| Headquarters | United States of America | Japan | China | United States of America | United States of America |
| City | Mayfield Heights | Nagoya-Shi | Shizuishan | Franklin | Export |
| State/Province | Ohio | Aichi | Ningxia | Indiana | Pennsylvania |
| No. of Employees | 2,880 | 19,931 | 1,160 | 39 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jugal K. Vijayvargiya | President; Chief Executive Officer | Senior Management | 2017 | 57 |
| Shelly M. Chadwick | Chief Financial Officer; Vice President - Finance | Senior Management | 2020 | 52 |
| Allen F. Reid | Chief Human Resources Officer | Senior Management | 2020 | - |
| Vinod M. Khilnani | Chairman | Non Executive Board | 2018 | 72 |
| Pankaj Lahoti | Chief Information Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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