MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--
Materion Performance Alloys, a Materion Corporation (NYSE: MTRN)
business, announced today that it will increase list prices worldwide on
premium grades of its rod, bar, tube and wire copper beryllium and
ToughMet® alloys. Fabrication prices will increase 3-5 percent effective
November 11, 2016.
The price increase is necessary to offset costs associated with mining
and processing beryllium as well as increases in manufacturing and
transportation costs.
Materion, founded in 1931, is one of the world's premier advanced
materials solutions providers committed to developing, manufacturing and
marketing highly engineered advanced materials for global customers
across a wide range of markets. Materion serves customers in more than
50 countries with operating, service centers and major office locations
throughout North America, Europe and Asia. For more information, visit: www.materion.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161013006400/en/
Materion Corporation
Investor Contact:
Michael
C. Hasychak, 216-383-6823
mike.hasychak@materion.com
or
Media
Contact:
Karen Ducatman, 216-383-4090
karen.ducatman@materion.com
or
http://www.materion.com
Mayfield
Hts-g
Source: Materion Corporation
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