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Formerly | The Morgan Crucible Company |
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Type | Public |
LSE: MGAM | |
Industry | Manufacturing |
Founded | 1856 |
Headquarters | York House, Sheet Street, , United Kingdom[1] |
Key people | Douglas Caster, Chairman Pete Raby, CEO |
Revenue | ![]() |
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Number of employees | 7,500 (2020)[3] |
Subsidiaries | Morgan Technical Ceramics Ltd; Morgan Thermal Ceramics UK Ltd[1] |
Website | www |
Morgan Advanced Materials (LSE: MGAM) is a company which manufactures specialist products, using carbon, advanced ceramics and composites. The company is headquartered in Windsor, United Kingdom, and has 85 sites across 30 countries.[4] A public limited company, it is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
Origins
The company was founded in Battersea in South London by the six Morgan brothers (viz. William, Thomas, Walter, Edward, Octavius & Septimus) in 1856 as The Patent Plumbago Syndicate Limited to make graphite crucibles. The Morgan Crucible Company was adopted as the name in 1881 and it diversified into carbon brushes in 1904.[5]
Morganite
In 1939 the company's subsidiary Morganite Crucible opened its works at Norton in Worcestershire.[6] During the Second World War this facility employed European Voluntary Workers who were accommodated at Bowbrook House in nearby Peopleton.[7] In 2010 the site, which had recently been closed, was sold for use as an industrial estate; in part of the site, Molten Metal Products Ltd was set up by former Morgan employees Dave Hill and Jim Ritchie, to distribute Morganite products and manufacture Morgan furnaces under licence.[8]
Early adopter of computers
In 1954 the company became one of the first businesses in the UK to computerise its financial records, with the first order of a HEC4 computer, operational in 1955.[9] In 1964 the first commercial sale of the ICT 1900 series computer was to the company.[10]
Late 20th century
The company relocated its Battersea manufacturing operations to Morriston in Wales in 1971.[5]
A joint venture of Morgan's Thermal Ceramics division and the Carborundum Universal company, part of the Indian industrial conglomerate Murugappa Group, has existed since 1982.[11]
21st century
The company changed its name to Morgan Advanced Materials in February 2013 to reflect the fact that it produces a variety of different products and supplies to many different industries.[12]
In September 2020 the company's headquarters moved from the Quadrant to York House, also in the centre of Windsor.[1]
References
- ^ a b c "Morgan Advanced Materials". Companies House. Retrieved 7 November 2020.
- ^ a b c "Preliminary Results 2019". Morgan Advanced Materials. Retrieved 3 March 2020.
- ^ "Business Overview". Morgan Advanced Materials. Retrieved 27 March 2018.
- ^ "Business overview". Morgan Advanced Materials. Retrieved 22 April 2017.
- ^ a b "History". morganadvancedmaterials.com. Retrieved 31 March 2015.
- ^ "Help for staff to find new jobs". BBC. 21 September 2007. Retrieved 3 March 2020.
- ^ "Peopleton". Retrieved 4 June 2013.
- ^ "Disused factory unit proves to be sound investment". 3 March 2011. Retrieved 4 June 2013.
- ^ "HEC4 at Morgan Crucible". vk2bv.org. Archived from the original on 19 April 2014. Retrieved 31 March 2015.
- ^ "Some Customers Details". ICT Archive. Retrieved 2 March 2021.
- ^ Murugappa Morgan
- ^ Morgan Crucible no more FT.com, 14 February 2013