Materion Completes Acquisition to Expand Semiconductor Footprint and Capabilities in Asia

MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion (NYSE: MTRN) reported today that it has completed its previously announced acquisition of manufacturing assets for tantalum solutions in Dangjin City, South Korea, serving the semiconductor market.

This strategic investment expands Materion’s global footprint with a facility in Asia to better support and service global Tier I semiconductor customers and strengthens Materion’s position as a leading supplier of deposition materials.

About Materion

Materion Corporation is a global leader in advanced materials solutions for high-performance industries including semiconductor, industrial, aerospace & defense, energy and automotive. With nearly 100 years of expertise in specialty engineered alloy systems, inorganic chemicals and powders, precious and non-precious metals, beryllium and beryllium composites, and precision filters and optical coatings, Materion partners with customers to enable breakthrough solutions that move the world forward. Headquartered in Mayfield Heights, Ohio, the company employs more than 3,000 people worldwide, serving customers in more than 60 countries.