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 | £911.8 million (2015)[1] |
£98.9 million (2015)[1] | |
£38.1 million (2015)[1] | |
Website |
www |
Morgan Advanced Materials (LSE: MGAM) is a global manufacturer of specialist products, utilising carbon, advanced ceramics and composites for a broad range of markets. A constituent of the FTSE 250 index and now headquartered in Windsor, Berkshire, United Kingdom.
History
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]
References
- 1 2 3 "Annual Report 2015" (PDF). Morgan Advanced Materials. Retrieved 10 April 2016.
- 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. Retrieved 31 March 2015.
- ↑ Morgan Crucible no more FT.com, 14 February 2013