2002 News Releases

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General
DateTitle  
Nov. 20, 2002Minerals Technologies Announces Changes in Management Team; Bouruet-Aubertot Joins Company; Sorel and Crabtree Assume New Roles
NEW YORK--(BUSINESS WIRE)--Nov. 20, 2002--Minerals Technologies Inc. (NYSE: MTX) today announced the following changes in its senior management that are effective immediately: Alain Bouruet-Aubertot has joined the company as senior vice president and managing director, MINTEQ International Inc. John A. Sorel has been appointed senior vice president-Finance, chief financial officer and treasurer. Howard R. Crabtree has been appo... 
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Nov. 14, 2002Minerals Technologies Inc. to Build a Satellite PCC Plant for Sabah Forest Industries in Malaysia
NEW YORK--(BUSINESS WIRE)--Nov. 14, 2002--Minerals Technologies Inc. (NYSE: MTX) announced today that its wholly owned subsidiary, Specialty Minerals Malaysia Sdn. Bhd., will construct a satellite precipitated calcium carbonate (PCC) plant at Sipitang, Sabah, Malyasia at a paper mill owned by Sabah Forest Industries Sdn.Bhd (SFI). The satellite PCC plant, which is expected to be operational by the fourth quarter of 2003, will produce filler-grade PCC for the pap... 
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Oct. 24, 2002Minerals Technologies Inc. Declares Regular Quarterly Dividend
NEW YORK, Oct 24, 2002 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.025 (two and one-half cents) a share on the company's common stock. The dividend is payable on December 18, 2002 to stockholders of record on November 5, 2002. Minerals Technologies Inc. is a global resource- and technology-based growth company that develops and produces performance enhancing mineral, mineral-based and synthetic mineral products for the ... 
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Oct. 11, 2002Minerals Technologies Inc. Announces Third Quarter Earnings Conference Call
NEW YORK, Oct 11, 2002 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday October 18, 2002, at 11:00 a.m. Eastern Time to discuss third quarter 2002 financial results. The company will release its financial results on October 17, 2002 and will host the conference call at 11 a.m. EST the following day. The call is open to the public but active participation will be limited to investors and analysts. This call is being webcast by CCBN and ... 
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Sep. 09, 2002Minerals Technologies Acquires Polar Minerals
NEW YORK, Sep 9, 2002 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE: MTX) announced today that its wholly owned subsidiary, Barretts Minerals Inc. (BMI), has acquired the business and assets of Polar Minerals Inc., a privately owned producer of industrial minerals in the Midwest United States. Polar Minerals operations will be incorporated into the company's Specialty Minerals Segment. The purchase price was $22.5 million. Polar Minerals has mineral processing plants in Wellsvi... 
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Jul. 12, 2002Minerals Technologies Inc. Announces Second Quarter Earnings Conference Call
NEW YORK, Jul 12, 2002 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday July 19, 2002, at 11:00 a.m. Eastern Time to discuss second quarter 2002 financial results. The company will release its financial results on July 18, 2002 and will host the conference call at 11 a.m. EST the following day. The call is open to the public but active participation will be limited to investors and analysts. This call is being webcast by CCBN and can b... 
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Apr. 12, 2002Minerals Technologies Inc. Announces First Quarter Earnings Conference Call
NEW YORK, Apr 12, 2002 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE:MTX) will hold its quarterly conference call to discuss first quarter results on Friday, April 19, 2002, at 11:00 a.m. Eastern Time (10 a.m. Central Time). This call is being webcast by CCBN and can be accessed at Minerals Technologie's web site at www.mineralstech.com. The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual inv... 
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Feb. 06, 2002Minerals Technologies Acquires a Merchant PCC Facility in Belgium; Facility Will Produce Coating Grade PCC for Immediate Entry into European Market
NEW YORK, Feb 6, 2002 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE:MTX) announced today that it has purchased from the J.M. Huber Corporation of Edison, N.J. a facility in Hermalle-sous-Huy, Belgium, that manufactures precipitated calcium carbonate (PCC). The facility, which will be operated by Specialty Minerals Inc., a wholly owned subsidiary, has the capacity initially to produce approximately 60,000 tons of PCC per year. The purchase price was not disclosed. "The acquisit... 
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Jan. 24, 2002Minerals Technologies Inc. Declares Regular Quarterly Dividend
NEW YORK, Jan 24, 2002 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.025 (two and one-half cents) a share on the company's common stock. The dividend is payable on March 15, 2002 to stockholders of record on March 6, 2002. Minerals Technologies Inc. is a global resource- and technology-based organization that develops and produces performance-enhancing minerals, mineral-based and synthetic mineral products for the paper, stee... 
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Jan. 22, 2002Minerals Technologies Inc. to Sponsor Conference Call On January 23 to Discuss Fourth Quarter 2001 Financial Results
NEW YORK, Jan 22, 2002 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Wednesday, January 23, 2002, at 11:00 a.m. Eastern Time to discuss fourth quarter 2001 financial results. The company will release its financial results on January 22 and will host the conference call at 11 a.m. EST the following day. The call is open to the public but active participation will be limited to investors and analysts. This call is being webcast by CCBN and c... 
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Dividends
DateTitle  
Oct. 24, 2002Minerals Technologies Inc. Declares Regular Quarterly Dividend
NEW YORK, October 24—Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.025 (two and one-half cents) a share on the company's common stock. The dividend is payable on December 18, 2002 to stockholders of record on November 5, 2002. Minerals Technologies Inc. is a global resource- and technology-based growth company that develops and produces performance enhancing mineral, mineral-based and synthetic mineral products for the paper, steel, polymer and othe... 
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Jul. 25, 2002Minerals Technologies Inc. Declares Regular Quarterly Dividend
NEW YORK, July 25—Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.025 (two and one-half cents) a share on the company's common stock. The dividend is payable on September 18, 2002 to stockholders of record on September 6, 2002. Minerals Technologies Inc. is a global resource- and technology-based organization that develops and produces performance-enhancing minerals, mineral-based and synthetic mineral products for the paper, steel, polymer and other ... 
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Apr. 25, 2002Minerals Technologies Inc. Declares Regular Quarterly Dividend
NEW YORK, April 25—Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.025 (two and one-half cents) a share on the company's common stock. The dividend is payable on June 14, 2002 to stockholders of record on May 24, 2002. Minerals Technologies Inc. is a global resource- and technology-based organization that develops and produces performance-enhancing minerals, mineral-based and synthetic mineral products for the paper, steel, polymer and other manufa... 
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Earnings
DateTitle  
Oct. 17, 2002Minerals Technologies Reports Diluted Earnings Per Share of $0.70 for the Third Quarter; Net Sales Increased 10 Percent to $192.1 Million
NEW YORK, Oct 17, 2002 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE: MTX) today reported third quarter net income of $14.2 million, a 5-percent increase over the $13.6 million reported in the third quarter of 2001. Diluted earnings per common share increased 3 percent to $0.70 from $0.68 in the same period last year. Worldwide sales in the quarter were up 10 percent to $192.1 million from $174.9 million in the previous year. Foreign exchange had a favorable impact on sales of app... 
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Jul. 18, 2002Minerals Technologies Inc. Reports Second Quarter Diluted Earnings Per Share of $0.67; Sales Increase 9 percent to $186.8 Million
NEW YORK, Jul 18, 2002 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE: MTX) today reported second quarter net income of $14.0 million, a 35-percent increase over the $10.3 million reported in the second quarter of 2001. Diluted earnings per common share were $0.67 compared with $0.52 in the same period last year, a 29-percent increase. In the second quarter of 2001, the company recorded a pre-tax restructuring charge of $3.4 million, or $0.10 in diluted earnings per share. "Becau... 
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Apr. 18, 2002Minerals Technologies Inc. Reports First Quarter Net Income Growth of 16 Percent; Diluted Earnings Per Share Rose 14 Percent to $0.66
NEW YORK, Apr 18, 2002 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE: MTX) today reported first quarter diluted earnings per common share of $0.66, a 14-percent increase from the $0.58 reported in the first quarter of 2001. Worldwide sales were $179.0 million compared with $164.0 million in the first quarter of 2001, a 9-percent increase. Foreign exchange had a negative impact on sales of approximately $3.4 million, or 2 percentage points of growth. For the quarter, operating incom... 
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Jan. 22, 2002Minerals Technologies Inc. Reports $0.71 in Diluted Earnings Per Share for Fourth Quarter
NEW YORK, Jan 22, 2002 (BUSINESS WIRE) --Full Year 2001 Diluted Earnings per Share Were $2.48, After $0.10 Restructuring Charge In the Second Quarter; Full Year Sales Were $684.4 Million Minerals Technologies Inc. (NYSE: MTX) today reported net income of $14.2 million for the fourth quarter of 2001, a 106-percent increase from the $6.9 million for the fourth quarter of 2000. Operating income increased 107 percent to $21.8 million from $10.6 million for the fourth quarter in 2000. Dilu... 
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