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Materion history
Materion company history timeline
1931 - Capitalized with $500, Brush Beryllium Company was incorporated on January 9, 1931 in Cleveland, Ohio.
1933 - With the first sale of beryllium oxide materials for use in radio tubes and other applications, the company recorded sales of $12,241.
1934 - The first sale of copper beryllium was made to the American Brass Company.
1936 – Sales of copper beryllium grow to $65,000; Sales of copper beryllium enabled Brush to work on perfecting production of pure beryllium.
1970 – Sales reach $40.9 million as Brush begins to target the auto industry and the mainframe computer industry for ceramics and copper-based alloys.
1971 – Brush Beryllium makes its first major acquisition and purchases Wellman division of Abex Corp. (producer of friction materials) and forms S.K. Wellman; Shareholders vote to change the Brush Beryllium name to Brush Wellman.
1972 – Brush listed on the New York Stock Exchange.
1974 – Automakers in North America, Europe and Japan begin using beryllia ceramics in electronic ignition systems which led to a 20% improvement in vehicle fuel economy.
Ever ExpandingIn 1998, WAM acquired the Wheatfield, New York facility.
To further the expansion of microelectronic packaging offerings, in 2001 WAM acquired a company with locations in Mount Vernon, New York and Subic Bay, Philippines.
Global DevelopmentContinuing their quest to be a truly global company, a location in Taiwan was added in 2004 to serve key Taiwanese markets and provide an entry into mainland China.
WAM expanded the shield cleaning business to Limerick, Ireland in 2005.
In 2006, CERAC, Inc. of Milwaukee, Wisconsin was acquired and broadened WAM’s technology reach.
2010 – New beryllium pebble plant opens at the Elmore facility completed under an innovative private-public, cost-sharing partnership with the United States Department of Defense.
2011 – Materion acquires Shanghai-based EIS Optics.
Incorporated as a public company in 2011(NYSE: MTRN), it combines the expertise and resources of Williams Advanced Materials, CERAC, Academy Corporation, OMC and Zentrix Technologies.
Shares begin trading on the New York Stock Exchange under the new symbol: MTRN. 2012 – Materion acquired Aerospace Metal Composites Limited (AMC) of Farnborough, England.
2017 – Materion acquired the target materials business of the Heraeus Group, of Hanau, Germany.
5 Insights on the Future of Technical Ceramics from Ceramics Expo 2019
2020 - Materion acquired Optics Balzers, maker of thin-film optical coatings.
2021 – Materion acquired the Electronic Materials business of H.C. Starck Solutions in Newton, MA.
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Zippia gives an in-depth look into the details of Materion, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Materion. The employee data is based on information from people who have self-reported their past or current employments at Materion. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Materion. The data presented on this page does not represent the view of Materion and its employees or that of Zippia.
Materion may also be known as or be related to MATERION CORP, Materion, Materion Advanced Materials Te, Materion Corporation and Materion Technical Materials, Inc.