42 unchanged sentences
Our ToughMet TM alloys provide extended life for industrial bushings and bearings and tremendous wear resistance in oil and gas rig components.
−Removed: Our SupremEX TM products offer the industry’s highest quality aluminum silicon carbide metal matrix composite formulation, well suited for a wide range of applications from high performance engine components and aerospace structural components to high-stiffness consumer electronic components.
+Added: Our SupremEX TM products offer the industry a high quality aluminum silicon carbide metal matrix composite formulation, well suited for a wide range of applications from high performance engine components and aerospace structural components to high-stiffness consumer electronic components.
Direct competitors include IBC Advanced Alloys, NGK Metals, ATI Specialty Metals, CBL Ceramics Limited, and CoorsTek, Inc.
33 unchanged sentences
Approximately 800 customers purchase our products throughout the semiconductor, industrial, aerospace and defense, automotive, energy, consumer electronics, and life sciences end markets.
−Removed: In fiscal year 2024 and 2023, one customer in our Performance Materials segment accounted for approximately ten percent of our net sales.
+Added: In fiscal year 2025, there were no customers that accounted for greater than ten percent of our net sales.
+Added: In 2024 and 2023, one customer in our Performance Materials segment accounted for approximately ten percent of our net sales.
Prior to this, no single customer accounted for ten percent or more of our net sales.
11 unchanged sentences
For decades, we have operated our facilities under applicable standards of inplant and outplant emissions and releases.
−Removed: The inhalation of airborne beryllium particulate may present a health hazard to certain individuals.
−Removed: In 2018, the U.S.
−Removed: Occupational Safety and Health Administration (OSHA) published a final standard for workplace exposure to beryllium that, among other things, lowered the permissible exposure by a factor of ten and established new requirements for respiratory protection, personal protective clothing and equipment, medical surveillance, hazard communication, and record-keeping.
−Removed: Materion was a participant in the development of the new standards, which fundamentally represents our current health and safety operating practices.
−Removed: Other government and standard-setting organizations are also reviewing beryllium-related worker safety rules and standards, and may make them more stringent.
+Added: The inhalation of airborne beryllium
+Added: particulate may present a health hazard to certain individuals, and the U.S.
+Added: Occupational Safety and Health Administration (OSHA) has established standards for workplace exposure to beryllium, which fundamentally represent our current health and safety operating practices.
+Added: Other government and standard-setting organizations, however, may also review beryllium-related worker safety rules and standards, and may make them more stringent.
The development, proposal, or adoption of more stringent standards may affect the buying decisions of the users of beryllium-containing products.
16 unchanged sentences
The environment, health, safety, and well-being of our employees is our highest priority and is a Materion core value.
−Removed: We have a strong and mature Environmental, Health, and Safety (EHS) program based on the 45001 standard.
+Added: Our Environmental, Health, and Safety (EHS) systems are mature and largely based on the ISO 45001 standard.
We began a new chapter in Materion’s longstanding effort to reduce the risk of injuries in 2023 with the integration of human operating performance concepts and a concerted focus on identifying and controlling high energy sources such as electrical, hydraulic, steam and chemical energy.
−Removed: All factory leadership received detailed training on the model as well as the operations staff receiving basic training on the concepts last year.
−Removed: In 2024, we experienced a 20 percent improvement in our injury frequency rate and lowered our severity rate to one of the lowest in the primary nonferrous industry.
−Removed: A new interactive learning management system increasing operator hazard recognition skills was deployed as well.
−Removed: Performance improvement was also due in part to a large increase in safety conversations between operators and supervision as well as a campaign to dramatically increase near miss reporting.
To ensure sustainability, we conduct self-audits of our processes and systems to create an environment where our colleagues leave their workplace safely every day.
11 unchanged sentences
Our employee resource groups (ERGs) are Company-sponsored groups of global employees that support and promote the specific mutual objectives of both the employees and the Company.
+Added: At Materion we take a holistic approach to employee engagement and inclusion.
+Added: Our ERGs are open to participation by any employee, regardless of background.
The ERGs serve as platforms for employees to network, learn, develop, and grow in a supportive environment that emphasizes our commitment to diversity and inclusion.
3 unchanged sentences
and United Voices of Materion (all ethnic backgrounds).
+Added: In 2026, we will introduce a Young Professionals Employee Resource Group to support early-career employees.
Talent Development
1 unchanged sentence
By providing employees with wide-ranging development opportunities and paths to success, we empower them to realize their full potential.
−Removed: Our development activities support our goal to develop and retain employees while building a strong foundation on their critical capabilities.
−Removed: We strongly encourage employees to build development plans in partnership with their managers and supervisors, providing both ongoing and specific opportunities for two-way communication and corresponding action.
−Removed: We offer formalized mentoring, development plans, and stretch assignments for employees who are engaged in career development programs.
−Removed: Apprenticeship programs have been implemented in some of our largest plant sites, and we continue to develop a path for apprenticeship program expansion throughout the Company.
−Removed: Likewise, we have implemented career development programs and tools in other key professional functional areas.
+Added: Our development activities support our goal to develop and retain employees while building their critical capabilities on an ongoing basis.
+Added: We strongly encourage employees to build development plans in partnership with their managers and supervisors, providing ongoing opportunities for two-way communication and corresponding action.
+Added: We offer formalized mentoring and stretch assignments for employees who are engaged in career development programs.
+Added: Apprenticeship programs have been implemented in some of our largest plant sites, and we continue to evaluate opportunities to expand the apprenticeship program throughout the Company.
+Added: Likewise, we have implemented career pathways in other key professional functional areas.
We are committed to identifying and developing the talents of our next generation of leaders.
Our robust and fully integrated talent and succession-planning process supports the development of our talent pipeline for critical roles in operations management, commercial excellence, and engineering.
−Removed: We have maintained our campus recruitment initiatives to ensure a strong pipeline of talent into the organization.
−Removed: Additionally, Company development programs have been designed to target and accelerate key leadership and functional skill sets.
−Removed: On an annual basis, we conduct organizational reviews with our Chief Executive Officer and all business unit and function senior leaders to identify and evaluate our high potential, diverse talent and create succession plans for our most critical roles.
+Added: These activities include identifying successors for key roles and initiating individual development plans designed to build, retain, and expand key skills within the company.
+Added: We have also maintained our campus recruitment initiatives to ensure a strong pipeline of talent into the organization and have a record of converting student interns into full-time hires.
+Added: Additionally, Company development programs have been designed to target and accelerate key leadership skills.
+Added: We regularly evaluate and implement new development approaches, including classroom and online training opportunities.
+Added: On an annual basis, we conduct organizational reviews with our Chief Executive Officer and all business unit and function senior leaders to identify and evaluate our high potential talent and create succession plans for our most critical roles.
Available Information
−Removed: We are subject to the informational requirements of the Securities Exchange Act of 1934.
+Added: We are subject to the informational requirements of the Securities Exchange Act of 1934 (Exchange Act).
Therefore, we file periodic reports, proxy statements, and other information with the Securities and Exchange Commission (SEC).
5 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.