Item 2. Properties
Item 2. PROPERTIES
We operate manufacturing plants, service and distribution centers, and other facilities throughout the world. During 2025, we made effective use of our productive capacities at our principal facilities. We believe that the quality and production capacity of our facilities is sufficient to maintain our competitive position for the foreseeable future. Information as of December 31, 2025, with respect to our facilities that are owned or leased, and the respective segments in which they are included, is set forth below:
Location Owned or Leased Approximate Number of
Square Feet
Corporate and Administrative Offices
Mayfield Heights, Ohio (1)(2)
Leased 79,100
Manufacturing Facilities
Albuquerque, New Mexico (2)
Leased 23,460
Alzenau, Germany (2)
Leased 136,400
Balzers, Lichtenstein (3)
Leased 83,400
Brewster, New York (2)
Leased 75,000
Buffalo, New York (2)
Owned 110,000
Dangjin, Korea (2)
Leased 31,538
Delta, Utah (1)
Owned 100,800
Elmore, Ohio (1)
Owned/Leased 681,000/191,000
Farnborough, England (1)
Leased 10,000
Jena, Germany (3)
Owned 102,700
Limerick, Ireland (2)
Leased 23,000
Lincoln, Rhode Island (1)
Owned/Leased 166,500/27,100
Lorain, Ohio (1)
Owned 55,000
Milwaukee, Wisconsin (2)
Owned/Leased 106,000/150,000
Newton, MA (1,2)
Owned/Leased 125,000/110,800
Penang, Malaysia (3)
Leased 68,000
Reading, Pennsylvania (1)
Owned/Leased 128,800/287,000
Santa Clara, California (2)
Leased 5,800
Shanghai, China (3)
Leased 101,400
Singapore (1)(2)
Leased 24,500
Subic Bay, Philippines (2)
Leased 5,000
Taoyuan City, Taiwan (2)
Leased 32,500
Tucson, Arizona (1)
Owned 53,000
Tyngsboro, Massachusetts (3)
Leased 38,000
Westford, Massachusetts (3)
Leased 78,000
Wheatfield, New York (2)
Owned 35,000
Service, Sales, and Distribution Centers
Elmhurst, Illinois (1)
Leased 28,000
Eschborn, Germany (3)
Leased 500
Seoul, Korea (2)
Leased 2,200
Shanghai, China (1)
Leased 5,000
Stuttgart, Germany (1)
Leased 49,000
Tokyo, Japan (1)
Leased 5,400
(1) Performance Materials
(2) Electronic Materials
(3) Precision Optics
17
Mine Property
The Company holds certain mineral rights on 7,443.5 acres at the Spor Mountain Mining Properties in Juab County, Utah, from which the beryllium-bearing ore, bertrandite, is mined by the open pit method. The Spor Mountain Mining Properties are a part of the Spor Mountain Mine that is owned by Materion. The Spor Mountain Mining Properties are in Juab County, Utah, west of the Thomas Mountain Range, approximately 47 miles northwest of the Spor Mountain Mill, which is 11.5 miles northeast of Delta, Utah, in Millard County. The land surface of the mining areas is owned by Materion. The mineral rights, exclusive of oil and gas, are held by Materion and the State of Utah through the School and Institutional Trust Lands Administration (TLA). TLA beryllium rights are leased by Materion in nine leasing arrangements with varying acreage and expiration dates ranging from 2025 through 2046. The leases have historically been renewed prior to the expiration dates. Several former owners are paid royalties as part of legacy agreements.
Ore resource and reserve data for the Spor Mountain Mine can be found in Part II, Item 7 "Management's Discussion and Analysis of Financial Condition and Results of Operations". In addition, a Technical Report Summary (TRS) for the Spor Mountain Mine was prepared in 2021, in accordance with Items 1300-1305 of Regulations S-K by qualified persons who have no affiliation with the Company. The TRS, which was filed as Exhibit 96 to our Annual Report on Form 10-K for the year ended December 31, 2021, provides additional details regarding the Spor Mountain Mine, including the technical information and assumptions to support the estimates of mineral resources and mineral reserves.
In accordance with Item 1302 of Regulation S-K, a registrant is required to file a TRS as an exhibit to its Annual Report on Form 10-K when disclosing for the first time ore reserves or resources or when ore reserves or resources have changed materially since the last TRS was filed for the property. Because there have been no material changes to the Company’s reserves or resources in 2025, it is not filing a TRS as an exhibit to this Form 10-K.
Mine Exploration Status
The Spor Mountain Mine has been in production since 1968. Over the years, seven different mining areas have been identified. Development drilling was performed across the site for over 30 years and completed in 2000. Additional details can be found in the TRS.