Van do a little digging here- I don't think they make chips....
In addition to our organic growth investments, we are extremely excited to highlight the completion of the HCS Electronic Materials acquisition.
This highly strategic and transformative addition significantly increases our access to the high-growth semiconductor market and aligns us with the top semiconductor manufacturers globally. We announced the close of the transaction yesterday, and we're even more confident in the combined power of Materion and HCS Electronic Materials as we move forward as one company. As a reminder, HCS Electronic Materials is a leading provider of high-purity pendulum thin-film materials used in the semiconductor industry, as well as leading-edge tantalum and niobium applications for the industrial and aerospace and defense markets. With a state-of-the-art center of excellence with highly skilled and technical talent, HCS Electronic Materials serves all of the top semiconductor manufacturers globally. With this end market comprising 80% of their sales, there is no market more compelling to us, given the massive growth of chip demand and usage, driven by new technologies we're all exposed to every day.
Materion Corporation (NYSE: MTRN), a world leader in high performing advanced materials, announced today that it has completed its previously announced acquisition of H.C. Starck Solutions’ industry-leading electronic materials business, located in Newton, Massachusetts (HCS-Electronic Materials). HCS-Electronic Materials utilizes proprietary technology and extensive material science know-how to deliver tantalum- and niobium-based premium products and services for the semiconductor, industrial, and aerospace & defense markets.
Never the less could benefit from Fabs ramping up after chip shortage?