Morgan Advanced Materials
| |
Public | |
Traded as | LSE: MGAM |
Industry | Manufacturing |
Founded | 1856 |
Headquarters | Windsor, Berkshire, UK |
Key people |
Andrew Shilston, Chairman Pete Raby, CEO |
Revenue | £1,021.5 million (2017)[1] |
£112.4 million (2017)[1] | |
£113.9 million (2017)[1] | |
Number of employees | 8,800 (2018)[2] |
Website |
www |
Morgan Advanced Materials (LSE: MGAM) is a global manufacturer of specialist products, using carbon, advanced ceramics and composites for a broad range of markets. The company is headquartered in Windsor, Berkshire, United Kingdom. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
The company was founded in Battersea in South London by the six Morgan brothers (viz. William, Thomas, Walter, Edward, Octavius & Septimus) in 1856 as The Patent Plumbago Syndicate Limited to make graphite crucibles. The Morgan Crucible Company was adopted as the name in 1881 and it diversified into carbon brushes in 1904.[3]
In 1939 the company's subsidiary Morganite Crucible opened its works at Norton in Worcestershire.[4] During the Second World War this facility employed European Voluntary Workers who were accommodated at Bowbrook House in nearby Peopleton.[5] In 2010 the site, which had recently been closed, was sold for use as an industrial estate, but a Morgan presence remained in the shape of Molten Metals Ltd, a company set up by former Morgan employees Dave Hill and Jim Ritchie to distribute Morganite products and manufacture Morgan furnaces under licence.[6]
In 1954 the company became one of the first businesses in the UK to computerise its financial records.[7] The company relocated its Battersea manufacturing operations to Morriston in Wales in 1971.[3] It changed its name to Morgan Advanced Materials in February 2013 to reflect the fact that it produces a variety of different products and supplies to many different industries.[8]
Operations
The company has 85 sites across 30 countries.[9]
References
- 1 2 3 "Preliminary Results 2017". Morgan Advanced Materials. Retrieved 27 March 2018.
- ↑ "Business Overview". Morgan Advanced Materials. Retrieved 27 March 2018.
- 1 2 "History". morganadvancedmaterials.com. Retrieved 31 March 2015.
- ↑ "Morganite Crucible Inc. Company Profile". Retrieved 2013-06-04.
- ↑ "Peopleton". Retrieved 2013-06-04.
- ↑ "Disused factory unit proves to be sound investment". 2011-03-03. Retrieved 2013-06-04.
- ↑ "HEC4 at Morgan Crucible". vk2bv.org. Archived from the original on 19 April 2014. Retrieved 31 March 2015.
- ↑ Morgan Crucible no more FT.com, 14 February 2013
- ↑ "Business overview". Morgan Advanced Materials. Retrieved 22 April 2017.