Materion and EDRO Announce Exclusive Distribution Agreement for Materion’s MoldMAX® Plastics Tooling Alloys
March 15 2018 - 2:38PM
Business Wire
EDRO GmbH to become the exclusive distributor
of MoldMAX® alloys in Europe and EDRO Specialty Steels, a key
distributor in North America
Materion Corporation (NYSE:MTRN) announced a distribution
agreement with EDRO GmbH in Europe and EDRO Specialty Steels, Inc.
in North America for Materion’s MoldMAX® plastics tooling alloys.
EDRO GmbH will become the exclusive distributor of high performance
MoldMAX alloys in Europe. EDRO Specialty Steels, Inc. will join
ThyssenKrupp Copper and Brass Sales as exclusive distributors of
MoldMAX alloy products in North America.
EDRO GmbH is part of the voestalpine organization which has a
network of distributors throughout Europe that will stock and
supply the full line of MoldMAX alloy products, including five
alloys that meet specific property requirements. The stocking
location for EDRO GmbH will be Appenweier, Germany, a centralized
operation that will allow for faster delivery times to tool makers
across Europe.
In North America, the distribution agreement will provide
customers increased product availability supported by excellent
service as EDRO Specialty Steels will be stocking all of Materion’s
alloys for injection, blow molding and other plastic tooling
segments.
"Our goal is to align with a strategic distribution partner
committed to investing, servicing and growing the MoldMAX alloy
brand amongst plastics processors and mold makers," said Clive
Grannum, President, Materion Performance Alloys and Composites. “We
look forward to working with EDRO as they are specifically focused
on the plastics tooling industries and can provide our end users
with a number of cost saving and performance sharing benefits.”
MoldMAX® is a registered trademark of Materion Corporation.
About Materion:
Materion Corporation is headquartered in Mayfield
Heights, Ohio. The Company, through its wholly owned
subsidiaries, supplies highly engineered advanced enabling
materials to global markets. Our unique product portfolio
includes high performance alloys, beryllium
products, clad metal strip, composite metals,
ceramics, inorganic chemicals, microelectronics packaging
materials, precision optics, thin film
coatings and thin film deposition materials.
Learn more about Materion at
(https://materion.com/About).
About EDRO:
EDRO is headquartered in Walnut, California, and is a
member of the voestalpine group. The Company is a leading
manufacturer of custom mold bases and specialty steels for the
plastics and rubber tooling industries. EDRO distributes a
comprehensive line of premium tool steel, aluminum and copper alloy
products, including unique and innovative grades such as RoyAlloy™
stainless steel, QC-10™ aluminum, B�hler tool steels, and now the
Materion MoldMAX tooling alloys. EDRO’s steel, aluminum, and
Materion’s MoldMAX products are offered from local stocks in the
saw-cut or machined condition with quick delivery times.
Learn more about EDRO at (www.edro.com).
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version on businesswire.com: http://www.businesswire.com/news/home/20180315006254/en/
Materion CorporationInvestor Contact:Stephen F. Shamrock,
216-383-4010stephen.shamrock@materion.comorMedia Contact:John
McCloskey,
216-218-6835john.mccloskey@materion.comhttps://materion.comMayfield
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