CLEVELAND, Aug 12, 2008 (BUSINESS WIRE) --
Brush Wellman Inc. announced today that it has entered into a licensing agreement with Mafco Inc. of Largo, Florida to acquire corrosion protection coating technology as applied to beryllium materials.
Terms were not disclosed.
The technology will be utilized on select beryllium metal and aluminum beryllium composite products manufactured by Brush Wellman's Beryllium Products unit. The acquired Mafco technology includes anodization and chemical film coating.
Protective and low emissivity coatings are often desirable for optical, structural and electronic applications for beryllium metal and aluminum beryllium composite products. These coatings provide a barrier to oxidation which enhances performance, reliability and useful life.
The Beryllium Products unit manufactures and markets beryllium metal-based products including AlBeMet(R) for high performance
defense, aerospace, medical, scientific and industrial applications.
Brush Wellman, the largest subsidiary of Brush Engineered Materials Inc. (NYSE:BW), is the only fully integrated producer of beryllium, beryllium alloys and beryllia ceramic in the world.
Through its subsidiaries, Brush Engineered Materials supplies worldwide markets with beryllium products, alloy products, electronic products, precious metal products, and engineered material systems. Around the world, the Company's engineered materials can be found in technically demanding end-use products with the telecommunications and computer, data storage, aerospace and defense, industrial components, medical and appliance markets.
SOURCE: Brush Wellman Inc.
Brush Engineered Materials Inc.
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Michael C. Hasychak, 216-383-6823
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Patrick S. Carpenter, 216-383-6835
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