Morgan Advanced Materials

Morgan Advanced Materials plc
Public
Traded as LSE: MGAM
Industry Manufacturing
Founded 1856
Headquarters Windsor, Berkshire, UK
Key people
Andrew Shilston, Chairman
Pete Raby, CEO
Revenue £989.2 million (2016)[1]
£109.0 million (2016)[1]
£58.5 million (2016)[1]
Number of employees
8,850 (2016)[1]
Website www.morganadvancedmaterials.com

Morgan Advanced Materials (LSE: MGAM) is a global manufacturer of specialist products, utilising 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

Morgan Advanced Materials's head office at the Quadrant in Windsor

The company was founded in Battersea in South London by the 6 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.[2]

In 1939 the company's subsidiary Morganite Crucible opened its works at Norton in Worcestershire.[3] During the Second World War this facility employed European Voluntary Workers who were accommodated at Bowbrook House in nearby Peopleton.[4] 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.[5]

In 1954 the company became one of the first businesses in the UK to computerise its financial records.[6] The company relocated its Battersea manufacturing operations to Morriston in Wales in 1971.[2] 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.[7]

Operations

The company has 85 sites across 30 countries.[8]

References

  1. 1 2 3 4 "Annual Report 2016" (PDF). Morgan Advanced Materials. Retrieved 22 April 2017.
  2. 1 2 "History". morganadvancedmaterials.com. Retrieved 31 March 2015.
  3. "Morganite Crucible Inc. Company Profile". Retrieved 2013-06-04.
  4. "Peopleton". Retrieved 2013-06-04.
  5. "Disused factory unit proves to be sound investment". 2011-03-03. Retrieved 2013-06-04.
  6. "HEC4 at Morgan Crucible". vk2bv.org. Retrieved 31 March 2015.
  7. Morgan Crucible no more FT.com, 14 February 2013
  8. "Business overview". Morgan Advanced Materials. Retrieved 22 April 2017.
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