09.19.14 Corporate Profile
New York-based Minerals Technologies Inc. is a resource- and technology-based growth company that develops, produces and markets worldwide a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. MTI serves the paper, foundry, steel, environmental, energy, polymer and consumer products industries.
On May 9, 2014, Minerals Technologies acquired AMCOL International Corporation, doubling the company’s size to more than $2 billion in revenue to establish a stronger foundation for future growth.
The Company has five reportable segments:
Specialty Minerals: The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC) and the processed mineral product quicklime (lime), and mines, processes and sells other natural mineral products, primarily limestone and talc. This segment’s products are used principally in the paper, building materials, paint and coatings, glass, ceramic, polymer, food and pharmaceutical industries. Minerals Technologies is the largest supplier of PCC to the worldwide paper industry.
|Oct. 23, 2014||Minerals Technologies Achieves Record Third Quarter Earnings per Share of $1.25, Excluding Special Items, A 98% Increase Over Prior Year|
|Reported Earnings per Share Were $1.06, Including Special Items Associated with the Acquisition of AMCOL International---------- Highlights: Acquisition Highly Accretive to Earnings Synergies from Integration Tracking Ahead of Target Operating Income Margin-14.1% of Sales Double-Digit Operating Margins in All Segments Debt Repayment of $38 Million in Third Quarter Strong Cash Flows of $87 Million in Third Quarter NEW YORK, October 23, 2014-Minerals Technologies Inc. (NYSE... |
|Oct. 10, 2014||Advisory: Minerals Technologies Inc. Third Quarter 2014 Conference Call|
|NEW YORK, October 10, 2014-Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, October 24, 2014 at 11 a.m. Eastern Daylight Time to discuss its third quarter 2014 financial results. The call is open to the public but active participation will be limited to investors and analysts. The conference call is being webcast by Nasdaq OMX and can be accessed at Minerals Technologies Inc.'s web site at http://www.mineralstech.com. To listen to the call, go to the MTI web site ... |
|Sep. 17, 2014||Minerals Technologies Subsidiary, Minteq International, Acquires Cost per Tundish-Full Maintenance Contract for Tundish Refractories at Tata Steel Europe, Scunthorpe Works, UK|
|NEW YORK, NY, September 17, 2014-Minerals Technologies Inc. (NYSE: MTX) announced today that Minteq UK Ltd., a wholly owned subsidiary, has signed an agreement with Tata Steel Europe for the Cost per Tundish Maintenance of its continuous casting, tundish maintenance program at the Scunthorpe site in the United Kingdom. Tata Steel Europe is part of the Indian-based Tata Steel, and is the second largest steel producer in Europe with integrated steel manufacturing sites in Scunthorpe and Port Tal... |
|Sep. 03, 2014||Advisory: Minerals Technologies Inc. to Present at 2014 KeyBanc Capital Markets Basic Materials & Packaging Conference in Boston on September 10 |
|NEW YORK, September 3-Minerals Technologies Inc. (NYSE:MTX) will attend the 2014 KeyBanc Capital Markets Basic Materials & Packaging Conference at the InterContinental Boston Hotel on September 10. Joseph C. Muscari, chairman and chief executive officer, and Douglas T. Dietrich, Senior Vice President and Chief Financial Officer, will make a presentation to investors at 11 a.m. Eastern Time. The presentation is being webcast at: http://cc.talkpoint.com/keyb001/090814a_ae/?entity=15_QRHBTEH... |
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