Minerals Technologies Inc - Company Profile
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Minerals Technologies Inc (MTI) is a technology-driven specialty minerals company that develops, produces, and markets a wide range of mineral and mineral-based products, systems, and services. The company's main activities include providing mineral-to-market finished products and specialty mineral-based solutions. MTI's notable brands include Premium Choice, VitaLife, Sivocat, Sivo, Rafinol, and Enersol. The company's products serve various consumer and industrial markets, including household and personal care, paper and packaging, food and pharmaceutical, automotive, construction, steel and foundry, environmental, and infrastructure. It operates through a network of satellite plants and distribution channels to deliver its products efficiently. MTI is headquartered in New York, the US.
Headquarters
United States of America
Address
622 3rd Avenue, New York, 10017-6707
Website
www.mineralstech.com
Telephone
1 212 8781800
No of Employees
3,782
Industry
Chemicals
Ticker Symbol & Exchange
MTX (NYSE)
Revenue (2024)
$2.1B
-2.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-111%
(2024 vs 2023)
Market Cap*
$2.5B
Net Profit Margin (2024)
XYZ
-111.3%
(2024 vs 2023)
* As of and is in US$
Minerals Technologies Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Paper PCC | Additrol |
| Refractory Products | Bentomat |
| Metallurgical Products | Coreflex |
| 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 | Others | In July, the company and Cisco Systems to be acquired by Metals One in a 75% stake deal from Thor Energy. |
| 2024 | Contracts/Agreements | In October, the company expanded its partnership with AIM Intelligent Machines to implement AI technology in mining operations. |
| 2024 | Corporate Changes/Expansions | In September, the company launched the SIVO brand. |
Competitor Comparison
| Key Parameters | Minerals Technologies Inc | 3M Co | Lhoist Group | Imerys SA | Oil-Dri Corporation of America |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Belgium | France | United States of America |
| City | New York | Saint Paul | Limelette | Paris | Chicago |
| State/Province | New York | Minnesota | Brabant Wallon | Ile-de-France | Illinois |
| No. of Employees | 3,782 | 60,500 | 6,650 | 12,445 | 928 |
| Entity Type | Public | Public | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Douglas T. Dietrich | Chairman; Chief Executive Officer; Director | Executive Board | 2021 | 56 |
| Erik C. Aldag | Chief Financial Officer; Senior Vice President - Finance; Treasurer | Senior Management | 2022 | 40 |
| Michael A. Cipolla | Chief Accounting Officer; Controller; Vice President | Senior Management | 2003 | 67 |
| Timothy J. Jordan | Chief Compliance Officer; General Counsel; Secretary; Vice President | Senior Management | 2023 | 50 |
| Brett Argirakis | President - Engineered Solutions | Senior Management | 2019 | 60 |
| 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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