Brush Wellman Inc (MTRN) 26.02 $MTRN
Materion Corporation Reports Second Quarter 2016 Financial Results and Updated Outlook for 2016
BusinessWire - Thu Jul 28, 7:07AM CDT
Materion Corporation (NYSE:MTRN) today reported second quarter 2016 financial results.
MTRN: 26.02 (-0.43)
Investor Calendar Invites You to the Materion Corporation Second Quarter 2016 Earnings Conference Call and Webcast Live on Thursday, July 28, 2016
ACCESSWIRE - Wed Jul 27, 3:16PM CDT
MAYFIELD HEIGHTS, OH / ACCESSWIRE / July 27, 2016 / Materion Corporation (NYSE: MTRN) will host a conference call and live webcast to discuss the results of second quarter 2016, to be held Thursday, July 28, 2016 at 9:00 AM Eastern Time.
MTRN: 26.02 (-0.43)
Mining Stocks Earnings Preview for Jul 28: AUY, ASM & More
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 9:36AM CDT
We take a peek at five mining companies that are slated to report their quarterly earnings numbers on Jul 28.
EGO: 4.07 (-0.06), MTRN: 26.02 (-0.43), ASM: 2.59 (-0.09), AUY: 5.72 (-0.12), NSU: 3.33 (+0.04)
Materion's SupremEX(R) Used in New Line of High Security, Luxury Smartphones
BusinessWire - Thu Jun 02, 9:00AM CDT
As an advanced materials provider, Materion Corporation (NYSE:MTRN) has been at the forefront of the consumer electronics market, helping enable new technologies and meet the demand for ever-increasing functionality of hand-held devices with its high performance alloys, composites and other specialized materials. When SIRIN LABS set out to design SOLARIN, a military-grade smartphone, the company selected SupremEX(R), a high strength, lightweight metal matrix composite, for the chassis. The new SIRIN LABS smartphone went on sale on May 31, 2016.
MTRN: 26.02 (-0.43)
Materion Receives Best Supplier Award
BusinessWire - Thu May 19, 9:00AM CDT
The Advanced Materials group of Materion Corporation (NYSE:MTRN) was recently honored as "Best Supplier" by WuXi ZhongWei Microchips Co. Ltd., a manufacturer and supplier of a range of electronic components based in Wuxi, Jiangsu, China. The award was in acknowledgement of Materion's outstanding products and service.
MTRN: 26.02 (-0.43)
Materion Corporation Announces Discussions with Heraeus Group Regarding an Acquisition by Materion of Heraeus' Target Materials Business
BusinessWire - Thu May 12, 8:00AM CDT
Materion Corporation (NYSE: MTRN) announced today that its Advanced Materials business segment is currently in discussions with Heraeus Group of Hanau, Germany regarding an acquisition by Materion of the Heraeus high-performance target materials business.
MTRN: 26.02 (-0.43)
Materion Corporation Increases Quarterly Cash Dividend
BusinessWire - Wed May 04, 9:34AM CDT
Materion Corporation (NYSE-MTRN) announced today that its Board of Directors declared a second quarter 2016 dividend of $0.095 per share of common stock, an increase of $0.005 per share, or approximately 6%. The dividend is payable on June 1, 2016 to shareholders of record at the close of business on May 18, 2016.
MTRN: 26.02 (-0.43)
Materion Introduces New ToughMet(R) Products
BusinessWire - Mon May 02, 8:05AM CDT
Materion Corporation (NYSE: MTRN), an advanced materials solutions provider, has introduced two new ToughMet(R) products engineered to improve the reach, reliability and accuracy of oil and gas equipment components. The new products offer greater design flexibility and versatility for use in more demanding oil and gas applications.
MTRN: 26.02 (-0.43)
Materion posts 1Q profit
Automated Insights - Fri Apr 29, 7:11AM CDT
MAYFIELD HTS., Ohio (AP) _ Materion Corp. (MTRN) on Friday reported first-quarter profit of $5.4 million.
MTRN: 26.02 (-0.43)
Materion Corporation Reports First Quarter 2016 Financial Results and Confirms Outlook for 2016
BusinessWire - Fri Apr 29, 7:00AM CDT
Materion Corporation (NYSE:MTRN) today reported first quarter 2016 financial results.
MTRN: 26.02 (-0.43)
Materion Recognized for Excellence
BusinessWire - Mon Apr 25, 9:10AM CDT
The Advanced Materials group of Materion Corporation (NYSE:MTRN) has been honored for "Supplier Excellence" by Analog Devices, Inc. (ADI), a world leader in high-performance signal processing technology. This is the second consecutive year that Materion was presented the award for consistently high-quality products and support. The award is presented to outstanding suppliers who work with ADI on the further development and improvement of products and manufacturing processes.
MTRN: 26.02 (-0.43)
Materion Corporation Conference Call Scheduled
BusinessWire - Thu Apr 21, 2:40PM CDT
Materion Corporation (NYSE:MTRN) will hold its quarterly conference call on Friday, April 29, 2016 at 9:00 a.m. Eastern Time to review first quarter 2016 results.
MTRN: 26.02 (-0.43)
Materion sets date of annual meeting and announces dividend of USD0.090 per share for Q1 2016
M2 - Thu Feb 04, 5:43AM CST
Materion Corporation (NYSE:MTRN) disclosed on Thursday that at its annual shareholders' meeting on 4 May 2016 at Boston, Massachusetts, all shareholders of record date on 7 March 2016 will be eligible to vote.
MTRN: 26.02 (-0.43)
Global Beryllium Market - Segmented by Type, End-User Industry & Geography - Trends & Forecasts (2015-2020)
M2 - Thu Jan 21, 10:28AM CST
Research and Markets (http://www.researchandmarkets.com/research/pkxfw3/global_beryllium) has announced the addition of the "Global Beryllium Market - Segmented by Type, End-User Industry, and Geography - Trends and Forecasts (2015-2020)" report to their offering. In 2012, the world beryllium production reached more than 228.41 tonnes. The US is by far the leader in the world beryllium market, with more than 85% share of the world beryllium output. Other important beryllium producing countries in the world include China, Mozambique, Brazil and Madagascar. Demand fluctuates as we have seen as the level of US government stockpiling is a key swing factor. An uptrend is expected through over coming years with rising consumption from the telecommunications, automotive, electronics and computer industries. The report predicts a considerable increase in beryllium consumption in Latin America and Asia in the upcoming years. On the technological side the applications employing beryllium-containing alloys could make a significant contribution to the world beryllium market growth. Rising security concerns, new telecom and aerospace technologies, automotive electronics advancements make up a large-scale driver for the world beryllium market. Environmental concerns provide the major restraint for the Beryllium market. The main negative is that inhalation of beryllium particulates may cause a potential health risk for a lung disease, Chronic Beryllium Disease, but reasonable industrial control practices can easily protect workers. Key Topics Covered: 1. Introduction 2. Executive Summary 3. Beryllium Market 4. Market Dynamics 5. Market Segmentation and Analysis 6. Global Market Analysis 7. Future of Beryllium Market 8. Competitive Landscape 9. Company Profiles - American Beryllia Inc. - Applied Materials - Belmont Metals - Changhong Group - Changxing Yifeng Specified Ceramics Kiln Industrial - Emei Zhongshan New Material Technology - Esmeralda de Conquista Ltda - Fhbi - Fuyun Hengsheng Beryllium Industry Co. - Grizzly Mining Ltd. - Hunan Nonferrous Beryllium Industry - IBC Advanced Alloys Corp. - Materion Corp. - NGK Metals Corp. - Ningxia Orient Tantalum Industry Co. Ltd. - Shanghai Feixing Special Ceramics Factory - Ulba Metallurgical Plant Jsc - Xinjiang Nonferrous Metal Industry Group - Zhuzhou Sinotech Industries For more information visit http://www.researchandmarkets.com/research/pk..._beryllium
AMAT: 26.09 (+0.12), MTRN: 26.02 (-0.43)
New Strong Sell Stocks for December 31st
Zacks Equity Research - Zacks Investment Research - Thu Dec 31, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
LPL: 13.71 (+0.09), ARCW: 2.47 (+0.05), BCH: 66.68 (+0.48), MTRN: 26.02 (-0.43), LXU: 11.17 (-0.19)
Global Orthopedic Biomaterial Market Report - Analysis, Technologies, Materials & Forecasts
M2 - Thu Dec 31, 6:44AM CST
Research and Markets (http://www.researchandmarkets.com/research/kxpg3x/global_orthopedic) has announced the addition of the "Global Orthopedic Biomaterial Market" report to their offering. Orthopedics is one of the most prominent applications of biomaterials. Orthopedic biomaterials are being increasingly used for treating various musculoskeletal and joint related disorders. This upsurge in the demand of orthopedic biomaterials is driven by augmenting hip and knee replacement surgeries, growing geriatric population, and rising aging population. Furthermore, rising awareness regarding orthopedic disorders and its treatment has also propelled the demand of orthopedic biomaterials. Moreover, citing the demand and potentials of orthopedic biomaterials, the governments of various countries are also providing funds and grants for developing new and advanced biomaterials. However, rising failure of joint implants and high cost of production of biomaterials are some factors which can hinder the growth of the market up to some extent. Metals are most widely used orthopedic biomaterial and find wide application in arthroplasty and fracture fixation devices. However, ceramics, polymers, and orthobiologics segments are poised to witness high double digit growth in the coming five years. The report provides comprehensive view about the orthopedic biomaterials market. The reports includes four types of biomaterials: Metals - Stainless Steel - Titanium Alloy - Cobalt and Chromium Alloys - Precious Metals - Medical Ceramics Alumina - Zirconium dioxide - Calcium Phosphate - Calcium Sulphate - Carbon - Bioactive Glass Ceramics - Medical Polymers Polyethylene - Polymethylmethacrylate (PMMA) - Silicone - Polyester - Polyetheretherketone (PEEK) Natural Biomaterials - Collagen - Chitin & Chitosan - Hyaluronic Acid - Orthobiologics - Demineralised Bone Matrix (DBM) - Growth Factor Proteins - Bone Morphogenetic Proteins - Stem Cells Companies Mentioned: - Carpenter Technology Corporation - Ceramtec - Collagen Matrix, Inc. - DSM N.V - Heraeus Medical Components, Inc - Landec Corporation - Materion Corporation - Purac Biomaterials - Sigma Aldrich - Ulbrich Stainless Steels & Special Metals, Inc. Report Structure: 1 Introduction 2 Research Methodology 3 Report Excerpt 4 Forecast Indicators 5 Market Analysis 6 Orthopedic Biomaterials Market, By Type 7 Orthopedic Biomaterials Market, By Application 8 Geographical Exploration 9 Competitive Analysis 10 Company Profiles 11 Appendix For more information visit http://www.researchandmarkets.com/research/kx...orthopedic
CRS: 37.97 (-0.10), LNDC: 11.59 (-0.07), MTRN: 26.02 (-0.43)
Materion Down 11.8% Since SmarTrend Downtrend Call (MTRN)
Comtex SmarTrend(R) - Tue Dec 22, 5:35PM CST
SmarTrend identified a Downtrend for Materion (NYSE:MTRN) on October 27th, 2015 at $32.09. In approximately 2 months, Materion has returned 11.78% as of today's recent price of $28.31.
MTRN: 26.02 (-0.43)
Materion Announces Publication of SAE-AMS Specification for SupremEX(R) 225XE
BusinessWire - Tue Dec 22, 8:00AM CST
Materion Corporation (NYSE:MTRN) announced that the Society of Automotive Engineers - Aerospace Material Specification Nonferrous Alloys Committee (SAE-AMS) has approved and published aerospace specification AMS4355 for Materion's SupremEX(R) 225XE, a particle-reinforced aerospace-grade aluminum metal matrix composite. Publication of a SAE-AMS specification offers design engineers a new lightweight material, facilitates use by manufacturers and helps ensure a supply base to meet demand.
MTRN: 26.02 (-0.43)
Materion Corporation Enters into an Amendment to Its Credit Agreement
BusinessWire - Mon Dec 21, 8:14AM CST
Materion Corporation (NYSE: MTRN) announced today that the Company entered into an amendment to its $375.0 million credit agreement on December 18, 2015. The amendment extends the maturity date of the credit agreement from June 20, 2018 to December 18, 2020 and provides more favorable pricing. In addition, the amendment provides the Company and its subsidiaries with additional capacity to enter into facilities for the consignment, borrowing or leasing of precious metals and copper, and provides enhanced flexibility to finance acquisitions and other strategic initiatives. The amended agreement includes an increase in the credit agreement's expansion option for additional uncommitted lines from $100.0 million to up to $300.0 million.
MTRN: 26.02 (-0.43)
Materion Corporation Reports Second Quarter 2016 Financial Results and Updated Outlook for 2016
BusinessWire - Thu Jul 28, 7:07AM CDT
Materion Corporation (NYSE:MTRN) today reported second quarter 2016 financial results.
MTRN: 26.02 (-0.43)
Investor Calendar Invites You to the Materion Corporation Second Quarter 2016 Earnings Conference Call and Webcast Live on Thursday, July 28, 2016
ACCESSWIRE - Wed Jul 27, 3:16PM CDT
MAYFIELD HEIGHTS, OH / ACCESSWIRE / July 27, 2016 / Materion Corporation (NYSE: MTRN) will host a conference call and live webcast to discuss the results of second quarter 2016, to be held Thursday, July 28, 2016 at 9:00 AM Eastern Time.
MTRN: 26.02 (-0.43)
Mining Stocks Earnings Preview for Jul 28: AUY, ASM & More
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 9:36AM CDT
We take a peek at five mining companies that are slated to report their quarterly earnings numbers on Jul 28.
EGO: 4.07 (-0.06), MTRN: 26.02 (-0.43), ASM: 2.59 (-0.09), AUY: 5.72 (-0.12), NSU: 3.33 (+0.04)
Materion's SupremEX(R) Used in New Line of High Security, Luxury Smartphones
BusinessWire - Thu Jun 02, 9:00AM CDT
As an advanced materials provider, Materion Corporation (NYSE:MTRN) has been at the forefront of the consumer electronics market, helping enable new technologies and meet the demand for ever-increasing functionality of hand-held devices with its high performance alloys, composites and other specialized materials. When SIRIN LABS set out to design SOLARIN, a military-grade smartphone, the company selected SupremEX(R), a high strength, lightweight metal matrix composite, for the chassis. The new SIRIN LABS smartphone went on sale on May 31, 2016.
MTRN: 26.02 (-0.43)
Materion Receives Best Supplier Award
BusinessWire - Thu May 19, 9:00AM CDT
The Advanced Materials group of Materion Corporation (NYSE:MTRN) was recently honored as "Best Supplier" by WuXi ZhongWei Microchips Co. Ltd., a manufacturer and supplier of a range of electronic components based in Wuxi, Jiangsu, China. The award was in acknowledgement of Materion's outstanding products and service.
MTRN: 26.02 (-0.43)
Materion Corporation Announces Discussions with Heraeus Group Regarding an Acquisition by Materion of Heraeus' Target Materials Business
BusinessWire - Thu May 12, 8:00AM CDT
Materion Corporation (NYSE: MTRN) announced today that its Advanced Materials business segment is currently in discussions with Heraeus Group of Hanau, Germany regarding an acquisition by Materion of the Heraeus high-performance target materials business.
MTRN: 26.02 (-0.43)
Materion Corporation Increases Quarterly Cash Dividend
BusinessWire - Wed May 04, 9:34AM CDT
Materion Corporation (NYSE-MTRN) announced today that its Board of Directors declared a second quarter 2016 dividend of $0.095 per share of common stock, an increase of $0.005 per share, or approximately 6%. The dividend is payable on June 1, 2016 to shareholders of record at the close of business on May 18, 2016.
MTRN: 26.02 (-0.43)
Materion Introduces New ToughMet(R) Products
BusinessWire - Mon May 02, 8:05AM CDT
Materion Corporation (NYSE: MTRN), an advanced materials solutions provider, has introduced two new ToughMet(R) products engineered to improve the reach, reliability and accuracy of oil and gas equipment components. The new products offer greater design flexibility and versatility for use in more demanding oil and gas applications.
MTRN: 26.02 (-0.43)
Materion posts 1Q profit
Automated Insights - Fri Apr 29, 7:11AM CDT
MAYFIELD HTS., Ohio (AP) _ Materion Corp. (MTRN) on Friday reported first-quarter profit of $5.4 million.
MTRN: 26.02 (-0.43)
Materion Corporation Reports First Quarter 2016 Financial Results and Confirms Outlook for 2016
BusinessWire - Fri Apr 29, 7:00AM CDT
Materion Corporation (NYSE:MTRN) today reported first quarter 2016 financial results.
MTRN: 26.02 (-0.43)
Materion Recognized for Excellence
BusinessWire - Mon Apr 25, 9:10AM CDT
The Advanced Materials group of Materion Corporation (NYSE:MTRN) has been honored for "Supplier Excellence" by Analog Devices, Inc. (ADI), a world leader in high-performance signal processing technology. This is the second consecutive year that Materion was presented the award for consistently high-quality products and support. The award is presented to outstanding suppliers who work with ADI on the further development and improvement of products and manufacturing processes.
MTRN: 26.02 (-0.43)
Materion Corporation Conference Call Scheduled
BusinessWire - Thu Apr 21, 2:40PM CDT
Materion Corporation (NYSE:MTRN) will hold its quarterly conference call on Friday, April 29, 2016 at 9:00 a.m. Eastern Time to review first quarter 2016 results.
MTRN: 26.02 (-0.43)
Materion sets date of annual meeting and announces dividend of USD0.090 per share for Q1 2016
M2 - Thu Feb 04, 5:43AM CST
Materion Corporation (NYSE:MTRN) disclosed on Thursday that at its annual shareholders' meeting on 4 May 2016 at Boston, Massachusetts, all shareholders of record date on 7 March 2016 will be eligible to vote.
MTRN: 26.02 (-0.43)
Global Beryllium Market - Segmented by Type, End-User Industry & Geography - Trends & Forecasts (2015-2020)
M2 - Thu Jan 21, 10:28AM CST
Research and Markets (http://www.researchandmarkets.com/research/pkxfw3/global_beryllium) has announced the addition of the "Global Beryllium Market - Segmented by Type, End-User Industry, and Geography - Trends and Forecasts (2015-2020)" report to their offering. In 2012, the world beryllium production reached more than 228.41 tonnes. The US is by far the leader in the world beryllium market, with more than 85% share of the world beryllium output. Other important beryllium producing countries in the world include China, Mozambique, Brazil and Madagascar. Demand fluctuates as we have seen as the level of US government stockpiling is a key swing factor. An uptrend is expected through over coming years with rising consumption from the telecommunications, automotive, electronics and computer industries. The report predicts a considerable increase in beryllium consumption in Latin America and Asia in the upcoming years. On the technological side the applications employing beryllium-containing alloys could make a significant contribution to the world beryllium market growth. Rising security concerns, new telecom and aerospace technologies, automotive electronics advancements make up a large-scale driver for the world beryllium market. Environmental concerns provide the major restraint for the Beryllium market. The main negative is that inhalation of beryllium particulates may cause a potential health risk for a lung disease, Chronic Beryllium Disease, but reasonable industrial control practices can easily protect workers. Key Topics Covered: 1. Introduction 2. Executive Summary 3. Beryllium Market 4. Market Dynamics 5. Market Segmentation and Analysis 6. Global Market Analysis 7. Future of Beryllium Market 8. Competitive Landscape 9. Company Profiles - American Beryllia Inc. - Applied Materials - Belmont Metals - Changhong Group - Changxing Yifeng Specified Ceramics Kiln Industrial - Emei Zhongshan New Material Technology - Esmeralda de Conquista Ltda - Fhbi - Fuyun Hengsheng Beryllium Industry Co. - Grizzly Mining Ltd. - Hunan Nonferrous Beryllium Industry - IBC Advanced Alloys Corp. - Materion Corp. - NGK Metals Corp. - Ningxia Orient Tantalum Industry Co. Ltd. - Shanghai Feixing Special Ceramics Factory - Ulba Metallurgical Plant Jsc - Xinjiang Nonferrous Metal Industry Group - Zhuzhou Sinotech Industries For more information visit http://www.researchandmarkets.com/research/pk..._beryllium
AMAT: 26.09 (+0.12), MTRN: 26.02 (-0.43)
New Strong Sell Stocks for December 31st
Zacks Equity Research - Zacks Investment Research - Thu Dec 31, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Thursday
LPL: 13.71 (+0.09), ARCW: 2.47 (+0.05), BCH: 66.68 (+0.48), MTRN: 26.02 (-0.43), LXU: 11.17 (-0.19)
Global Orthopedic Biomaterial Market Report - Analysis, Technologies, Materials & Forecasts
M2 - Thu Dec 31, 6:44AM CST
Research and Markets (http://www.researchandmarkets.com/research/kxpg3x/global_orthopedic) has announced the addition of the "Global Orthopedic Biomaterial Market" report to their offering. Orthopedics is one of the most prominent applications of biomaterials. Orthopedic biomaterials are being increasingly used for treating various musculoskeletal and joint related disorders. This upsurge in the demand of orthopedic biomaterials is driven by augmenting hip and knee replacement surgeries, growing geriatric population, and rising aging population. Furthermore, rising awareness regarding orthopedic disorders and its treatment has also propelled the demand of orthopedic biomaterials. Moreover, citing the demand and potentials of orthopedic biomaterials, the governments of various countries are also providing funds and grants for developing new and advanced biomaterials. However, rising failure of joint implants and high cost of production of biomaterials are some factors which can hinder the growth of the market up to some extent. Metals are most widely used orthopedic biomaterial and find wide application in arthroplasty and fracture fixation devices. However, ceramics, polymers, and orthobiologics segments are poised to witness high double digit growth in the coming five years. The report provides comprehensive view about the orthopedic biomaterials market. The reports includes four types of biomaterials: Metals - Stainless Steel - Titanium Alloy - Cobalt and Chromium Alloys - Precious Metals - Medical Ceramics Alumina - Zirconium dioxide - Calcium Phosphate - Calcium Sulphate - Carbon - Bioactive Glass Ceramics - Medical Polymers Polyethylene - Polymethylmethacrylate (PMMA) - Silicone - Polyester - Polyetheretherketone (PEEK) Natural Biomaterials - Collagen - Chitin & Chitosan - Hyaluronic Acid - Orthobiologics - Demineralised Bone Matrix (DBM) - Growth Factor Proteins - Bone Morphogenetic Proteins - Stem Cells Companies Mentioned: - Carpenter Technology Corporation - Ceramtec - Collagen Matrix, Inc. - DSM N.V - Heraeus Medical Components, Inc - Landec Corporation - Materion Corporation - Purac Biomaterials - Sigma Aldrich - Ulbrich Stainless Steels & Special Metals, Inc. Report Structure: 1 Introduction 2 Research Methodology 3 Report Excerpt 4 Forecast Indicators 5 Market Analysis 6 Orthopedic Biomaterials Market, By Type 7 Orthopedic Biomaterials Market, By Application 8 Geographical Exploration 9 Competitive Analysis 10 Company Profiles 11 Appendix For more information visit http://www.researchandmarkets.com/research/kx...orthopedic
CRS: 37.97 (-0.10), LNDC: 11.59 (-0.07), MTRN: 26.02 (-0.43)
Materion Down 11.8% Since SmarTrend Downtrend Call (MTRN)
Comtex SmarTrend(R) - Tue Dec 22, 5:35PM CST
SmarTrend identified a Downtrend for Materion (NYSE:MTRN) on October 27th, 2015 at $32.09. In approximately 2 months, Materion has returned 11.78% as of today's recent price of $28.31.
MTRN: 26.02 (-0.43)
Materion Announces Publication of SAE-AMS Specification for SupremEX(R) 225XE
BusinessWire - Tue Dec 22, 8:00AM CST
Materion Corporation (NYSE:MTRN) announced that the Society of Automotive Engineers - Aerospace Material Specification Nonferrous Alloys Committee (SAE-AMS) has approved and published aerospace specification AMS4355 for Materion's SupremEX(R) 225XE, a particle-reinforced aerospace-grade aluminum metal matrix composite. Publication of a SAE-AMS specification offers design engineers a new lightweight material, facilitates use by manufacturers and helps ensure a supply base to meet demand.
MTRN: 26.02 (-0.43)
Materion Corporation Enters into an Amendment to Its Credit Agreement
BusinessWire - Mon Dec 21, 8:14AM CST
Materion Corporation (NYSE: MTRN) announced today that the Company entered into an amendment to its $375.0 million credit agreement on December 18, 2015. The amendment extends the maturity date of the credit agreement from June 20, 2018 to December 18, 2020 and provides more favorable pricing. In addition, the amendment provides the Company and its subsidiaries with additional capacity to enter into facilities for the consignment, borrowing or leasing of precious metals and copper, and provides enhanced flexibility to finance acquisitions and other strategic initiatives. The amended agreement includes an increase in the credit agreement's expansion option for additional uncommitted lines from $100.0 million to up to $300.0 million.
MTRN: 26.02 (-0.43)
