ELMORE, Ohio--(BUSINESS WIRE)--
Materion Brush Beryllium & Composites, a Materion Corporation (NYSE:
MTRN) business, announced that it qualified and entered into a strategic
manufacturing and marketing partnership with Aristo Cast Inc. (Almont,
Michigan) for its proprietary AlBeCast® aluminum-beryllium investment
castings product line. The two companies initiated their partnership in
October 2013.
Aristo Cast is a recognized global leader in complex castings from
lightweight materials, especially magnesium alloy investment casting.
Aristo Cast has received numerous awards for best in class magnesium
castings from the American Foundry Society, the Investment Casting
Institute, and the International Magnesium Association.
Leveraging off its lightweight alloy investment casting experience,
Aristo Cast provides Materion with a breakthrough shell technology that
in qualification proved not only to improve casting quality, but
dramatically reduce production costs of aluminum-beryllium investment
castings. Shell technology refers to the process of producing the hollow
ceramic shells into which molten metal is poured to make the castings.
"Aristo Cast technology represents a game-changing development for the
production of AlBeCast," said Lawrence Ryczek, Vice President and
General Manager of Materion Brush Beryllium & Composites.
"With the Aristo Cast shell technology, our expanded capability and
world class casting team, we are confident AlBeCast will capture new
applications that weren't possible even two years ago," he continued.
"We are in qualification with a number of aerospace, defense and
semiconductor firms seeking to capitalize on this alloy system and
casting technology breakthrough. As previously announced, we are in
qualification with Lockheed as a supplier for the F-35 Lightning II's
Electro-Optical Targeting System."
Jack Ziemba, President and Owner of Aristo Cast said, "When Materion
approached us about partnering with them, we immediately embraced this
win-win opportunity. Aristo Cast investment casting technology is
recognized as industry leading, and its use with aluminum-beryllium
material has been demonstrated to be a great fit. Materion has the
resources to grow the reinvigorated AlBeCast product line, and we look
forward to working side by side with them to do it."
The Aristo Cast partnership coincides with Materion's own new investment
in casting technology, equipment and upgrades at its Elmore facility.
The operation offers customers rapid prototyping and solidification
modeling to provide investment cast parts with short lead times and
competitive pricing. Aluminum-beryllium castings provide favorable
cost/benefit advantages for technically demanding applications requiring
a combination of ultra-light weight, stiffness, mechanical stability and
thermal properties.
Materion Corporation is headquartered in Mayfield Heights, Ohio. The
Company, through its wholly owned subsidiaries, supplies highly
engineered advanced enabling materials to global markets. Products
include precious and non-precious specialty metals, inorganic chemicals
and powders, specialty coatings, specialty engineered beryllium alloys,
beryllium and beryllium composites, and engineered clad and plated metal
systems.
Materion Corporation
Investor Contact:
Michael
C. Hasychak, 216-383-6823
mike.hasychak@materion.com
or
Media
Contact:
Patrick S. Carpenter, 216-383-6835
patrick.carpenter@materion.com
or
http://www.materion.com
Mayfield
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Source: Materion Corporation
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