|Type||Public (LSE: MGCR)|
|Key people||Tim Stevenson, Chairman
Mark Robertshaw, CEO
|Revenue||£1,007.5 million (2012)|
|Operating income||£100.5 million (2012)|
|Net income||£80.3 million (2012)|
The company was founded in Battersea in South London by the six Morgan brothers in 1856 as The Patent Plumbago Syndicate Limited to make graphite crucibles. The current name of the company, The Morgan Crucible Company, was adopted in 1881 and it diversified into carbon brushes in 1904.
In 1954 the company became one of the first businesses in the UK to computerise its financial records. The company relocated its manufacturing operations from Battersea to Morriston in Wales and Norton in Worcestershire in 1976.. Recently 'Morgan Crucible Plc' has changed its name to 'Morgan Advanced Materials Plc', as the company now produces a variety of different products and supplies many different industries.
The company has two divisions:
- Morgan Engineered Materials (produces carbon, silicon carbide, oxide-based ceramics and advanced polymeric composites)
- Morgan Ceramics (produces structural ceramic, electro-ceramic and precious metal products)