Strengthens Supply Chain and Enables Uninterrupted Product Delivery
Ticer Technologies, a manufacturer and marketer of TCR® thin film embedded resistor foil, announced today that it has reached an agreement with Materion Corporation to acquire certain manufacturing assets from Materion’s Large Area Coatings (LAC) Division in Windsor, CT, effective January 1, 2021.
Ticer will own and operate the vacuum deposition/sputtering production equipment, which will remain in place and continue to be operated by former staff of the Materion LAC operations, to be hired by Ticer. Processes, equipment and raw materials will continue to be the same during the ownership transition. The high quality TCR® Thin-Film Resistor copper foil products offered by Ticer will remain unchanged.
“This is a significant improvement in capacity and supply leadership long sought by Ticer. We believe our global customers will benefit from the flexibility and supply chain control afforded Ticer with this change. We very much appreciate the long-term supply assistance Materion gave to Ticer over the years and their willingness to work with us to make this acquisition a reality,” said Ticer President David Burgess.
TCR Price Quotation
Ticer had previously announced a potential supply chain disruption due to the planned divestiture of the Materion’s LAC Division. With this asset acquisition, the potential disruption is avoided, and product requalification and an 18- to 24-month inventory build is unnecessary.
About Ticer Technologies
Ticer Technologies manufactures thin film resistor materials uniquely suited to meet the challenges posed with new designs, low loss dielectrics, and increased performance requirements for current and future digital and RF designs. More information, including design aids, can be found at www.ticertechnologies.com.
Materion Corporation is headquartered in Mayfield Heights, Ohio. The Company, through its wholly owned subsidiaries, supplies highly engineered advanced enabling materials to global markets. Products include precious and non-precious specialty metals, inorganic chemicals and powders, specialty coatings, specialty engineered beryllium alloys, beryllium and beryllium composites, and engineered clad and plated metal systems.