Materion

Cleveland, United States Founded: 1931 • Age: 95 yrs
Advanced materials and precision components are manufactured for diverse sectors.

About Materion

Materion is a company based in Cleveland (United States) founded in 1931. It operates as a B2B2C, and Professional Services. The company has 3,040 employees as of December 31, 2024. Materion has completed 2 acquisitions, including EIS Optics and Optics Balzers. Materion offers products and services including Performance Materials, Electronic Materials, and Precision Optics.

  • Headquarter Cleveland, United States
  • Employees 3040 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Materion Corporation
Operational Areas
Industrial Goods & Manufacturing → Industrial Materials & Resources
Key Metrics
  • Annual Revenue
    $1.69 B
    1.19
    as on Dec 31, 2024
  • Net Profit
    $5.89 M
    -93.85
    as on Dec 31, 2024
  • EBITDA
    $201.27 M
    0.25
    as on Dec 31, 2024
  • Latest Funding Round
    $31.98 M (USD), Grant

    Jan 07, 2011

  • Investors
  • Employee Count
    3040

    as on Dec 31, 2024

  • Investments & Acquisitions
    EIS Optics

    & 1 more

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IPO & Listings of Materion

Materion is a publicly listed company on the NYSE with ticker symbol MTRN in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: MTRN . Sector: Electronic technology · USA

Products & Services of Materion

Materion offers a comprehensive portfolio of products and services, including Performance Materials, Electronic Materials, and Precision Optics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Performance materials are developed for high-tech industrial applications.

Electronic materials are produced for semiconductor and microelectronics use.

Precision optics are crafted for advanced imaging and sensing.

People of Materion
Headcount 1000-5000
Employee Profiles 181
Board Members and Advisors 8
Employee Profiles
People
Leo Linehan
President, Advanced Materials
People
Rich Oliveri
Vp, General Manager - Premium Targets
People
Gregory R. Chemnitz
VP, General Counsel & Secretary
People
Jugal K. Vijayvargiya
President & CEO

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Board Members and Advisors
people
Emily Liggett
Director
people
Vinod M. Khilnani
Chairman
people
Robert J. Phillippy
Director

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Funding Insights of Materion

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $32.0M
  • First Round

    (22 Feb 2006)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2011 Amount Grant - Materion Valuation

investors

Feb, 2006 Amount Grant - Materion Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Materion

Materion has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Military Health. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Administers health care and support for military personnel and operations.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Materion

Materion has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EIS Optics and Optics Balzers. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Optical components and systems are developed for various applications.
2016
Optical coatings and components are developed for photonic applications.
1946
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Materion

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Materion Comparisons

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Competitors of Materion

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Materion

Frequently Asked Questions about Materion

When was Materion founded?

Materion was founded in 1931 and raised its 1st funding round 75 years after it was founded.

Where is Materion located?

Materion is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.

How many employees does Materion have?

As of Dec 31, 2024, the latest employee count at Materion is 3,040.

What is the annual revenue of Materion?

Annual revenue of Materion is $1.69B as on Dec 31, 2024.

What does Materion do?

Materion is established as a leader in advanced materials solutions, serving diverse high-growth markets such as aerospace, defense, semiconductor, energy, automotive, and consumer electronics. Innovative products including performance materials, electronic materials, and precision optics are developed to drive technological advancements. Partnerships with organizations like NASA are maintained to enable groundbreaking projects such as space telescope technologies and the Europa Clipper mission. Sustainability efforts are prioritized, with recognition for reducing greenhouse gas emissions and contributions to clean energy initiatives like the MARVEL Microreactor Project. Comprehensive support through research, development, and material processing is provided to ensure customer success in competitive industries.

What products or services does Materion offer?

Materion offers Performance Materials, Electronic Materials, and Precision Optics.

Is Materion publicly traded?

Yes, Materion is publicly traded on NYSE under the ticker symbol MTRN.

How many acquisitions has Materion made?

Materion has made 2 acquisitions, including EIS Optics, and Optics Balzers.

Who are Materion's investors?

Materion has 1 investor. Key investors include Military Health.

What is Materion's ticker symbol?

The ticker symbol of Materion is MTRN on NYSE.

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