Materion (NYSE:MTRN) Inc (NYSE: MTRN) is a global advanced materials company that designs, manufactures and distributes high-performance engineered materials and specialty products. The company’s portfolio spans beryllium and beryllium copper alloys, specialty metal strips and foils, precision optical components, thin film deposition materials and advanced coatings. These products find application across a wide range of end markets, including telecommunications, aerospace and defense, electronics, automotive, medical and energy, where durability, conductivity, corrosion resistance and precision are essential.
Founded in 1931 as Brush Development Company and later known as Brush Wellman, the firm adopted the Materion name in 2011 to reflect its broader focus on materials science and innovation. Over the decades, Materion has built its expertise through targeted investments in research and development, strategic acquisitions and partnerships with academic and industry leaders. The company operates through three primary segments—Performance Alloys & Composites, Advanced Materials, and Precision Optics—each supported by proprietary processes, specialized manufacturing facilities and a global network of technical service centers.
Headquartered in Mayfield Heights, Ohio, Materion maintains a presence in North America, Europe and the Asia-Pacific region, serving customers in over 60 countries. Its production sites and laboratories are strategically located to ensure proximity to key markets and to facilitate collaboration on custom solutions. Under the leadership of President and Chief Executive Officer Scott T. Harris, Materion continues to emphasize sustainable practices, operational excellence and customer-focused innovation to address evolving material challenges and support growth across diverse industries.
