Morgan Advanced Materials
 | |
| Company type | Public |
|---|---|
| LSE: MGAM | |
| Industry | Manufacturing |
| Founded | 1856 |
| Headquarters | Windsor, Berkshire, UK |
Key people | Douglas Caster, Chairman Pete Raby, CEO |
| Revenue | £1,049.5 million (2019)[1] |
| £126.1 million (2019)[1] | |
| £81.3 million (2019)[1] | |
Number of employees | 8,600 (2019)[2] |
| Website | www |
Morgan Advanced Materials (LSE: MGAM) is a global manufacturer of specialist products, using 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
The company was founded in Battersea in South London by the six 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.[3]
In 1939 the company's subsidiary Morganite Crucible opened its works at Norton in Worcestershire.[4] During the Second World War this facility employed European Voluntary Workers who were accommodated at Bowbrook House in nearby Peopleton.[5] 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.[6]
In 1954 the company became one of the first businesses in the UK to computerise its financial records.[7] The company relocated its Battersea manufacturing operations to Morriston in Wales in 1971.[3] 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.[8]
Operations
The company has 85 sites across 30 countries.[9]
References
- ^ a b c "Preliminary Results 2019". Morgan Advanced Materials. Retrieved 3 March 2020.
- ^ "Business Overview". Morgan Advanced Materials. Retrieved 27 March 2018.
- ^ a b "History". morganadvancedmaterials.com. Retrieved 31 March 2015.
- ^ "Help for staff to find new jobs". BBC. 21 September 2007. Retrieved 3 March 2020.
- ^ "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. Archived from the original on 19 April 2014. Retrieved 31 March 2015.
- ^ Morgan Crucible no more FT.com, 14 February 2013
- ^ "Business overview". Morgan Advanced Materials. Retrieved 22 April 2017.