Morgan Advanced Materials
|Traded as||LSE: MGAM|
|Headquarters||Windsor, Berkshire, UK|
|Andrew Shilston, Chairman
Pete Raby, CEO
|Revenue||£989.2 million (2016)|
|£109.0 million (2016)|
|£58.5 million (2016)|
Number of employees
Morgan Advanced Materials (LSE: MGAM) is a global manufacturer of specialist products, utilising 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.
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.
In 1939 the company's subsidiary Morganite Crucible opened its works at Norton in Worcestershire. During the Second World War this facility employed European Voluntary Workers who were accommodated at Bowbrook House in nearby Peopleton. 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.
In 1954 the company became one of the first businesses in the UK to computerise its financial records. The company relocated its Battersea manufacturing operations to Morriston in Wales in 1971. 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.
The company has 85 sites across 30 countries.
- "Annual Report 2016" (PDF). Morgan Advanced Materials. Retrieved 22 April 2017.
- "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
- "Business overview". Morgan Advanced Materials. Retrieved 22 April 2017.