Materion

Materion Corp. is a multinational company specializing in high-performance advanced materials. Among its products are beryllium, specialty engineered beryllium, beryllium copper alloys, tantalum, niobium, other precious and non-precious metals, inorganic chemicals, specialty coatings, ceramics, and engineered clad and plated metal systems.

Materion

Formerly	Brush Engineered Materials Inc.
Traded as	NYSE: MTRN S&P 600 component
Industry	Aerospace Automotive Consumer Electronics Data Center Defense Energy Industrial Semiconductor Telecommunications
Predecessor	Brush Beryllium Company
Founded	January 9, 1931; 94 years ago (1931-01-09) in Cleveland, Ohio
Founder	Charles Baldwin Sawyer Bengt Kjellgren
Headquarters	Mayfield Heights  , United States
Number of locations	32 [1] (2024)
Area served	Global
Number of employees	3,037 [1] (2024)
Website	materion.com

The company serves the aerospace, automotive, consumer electronics, data center, defense, energy, industrial, semiconductor, and telecommunications markets.^[2]

History

Beginning in the 1940s, Brush Wellman Inc. produced large amounts of beryllium for the United States government.^[3]

Brush Engineered Materials Inc. changed its name to Materion Corporation on March 8, 2011, and now trades under the symbol MTRN.^[4]

In March, 2017 Jugal K. Vijayvargiya was appointed president and chief executive officer of Materion Corporation, replacing Richard J. Hipple, who had served in that position for 11 years. Vijayvargiya was also named a director of the corporation. A graduate of the Ohio State University, Vijayvargiya spent 26 years at Delphi Corporation in a variety of management positions. Hipple will become executive chairman.^[5]