2013 News Releases

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General
DateTitle  
Dec. 06, 2013Advisory: Minerals Technologies Inc. to Present at J.P. Morgan SMid Cap Conference in Chicago on December 10:
NEW YORK, December 6-Minerals Technologies Inc. (NYSE:MTX) will attend the J.P. Morgan SMid Cap Conference in Chicago on December 10 at the Westin River North Hotel. Douglas Dietrich, Senior Vice President and Chief Financial Officer, will make a presentation to investors at 10:15 a.m. Central Standard Time. The presentation is being webcast at: http://jpmorgan.metameetings.com/confbook/smidcap13/directlink?ticker=MTX. Minerals Technologies Inc. is a global resource- and technology-based growt... 
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Oct. 31, 2013Minerals Technologies Reports Third Quarter Earnings per Share of $0.63, A 17-Percent Increase over Prior Year
Company Achieves Record Operating Income of $32.8 million; Up 15% over Prior Year and 12.9% of Sales ---------- Highlights: Sales Increased 3% over Prior Year-Underlying Sales Increased 4%, excluding Foreign Exchange  Record Operating Income for Specialty Minerals Segment-up 12% over Prior Year; 15.5% Operating Margin  New Satellite PCC Plants Contribute to Record Performance  Two New Satellite Contracts Signed During Quarter  Fulfill(TM) E-325 Technology Commercial Agreement in India... 
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Oct. 29, 2013Minerals Technologies Inc. Signs Commercial Agreement with Papermaker in India to Deploy FulFill® E-325 Technology
Unique High-Filler Technology Provides Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage  ----------Company's Third Commercial Agreement for the FulFill ® Technology in India---------- NEW YORK, October 29, 2013-Minerals Technologies Inc. (NYSE: MTX) announced today that it has signed a commercial agreement with a paper company in India to provide Fulfill® E-325 technology at a paper mill in that country. The papermaker wished to remain unnamed for competit... 
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Sep. 19, 2013Minerals Technologies Board Authorizes $150 Million, Two-Year Share Repurchase Program
NEW YORK, September 19--Minerals Technologies Inc. (NYSE: MTX) announced today that its Board of Directors has authorized a $150 million share repurchase program that it will execute over a two-year period. This authorization will become effective when the current two-year $75 million program is completed in October of this year. "Our Board of Directors has indicated its confidence in the company's strategic direction, high performance and cash-generating ability by authorizing a share rep... 
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Aug. 26, 2013Minerals Technologies Signs Agreement with Nanning Jindaxing Paper for the Construction of a Satellite PCC Facility in China
Satellite Plant Will Be the Company's Sixth in China; Agreement includes Application of FulFill® E-325 Technology---------- NEW YORK, August 26-Minerals Technologies Inc. (NYSE: MTX) announced today it has entered into a joint venture agreement with Nanning Jindaxing Paper Industry Co. Ltd. for the construction of a 45,000-metric ton satellite precipitated calcium carbonate (PCC) plant at Jindaxing Paper's papermaking facility in Guangxi Province, China. Jindaxing Paper, a privately owned pap... 
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Aug. 08, 2013Minerals Technologies Signs Agreement for a New Satellite PCC Plant in Europe
Facility Will Be the Company's Eleventh European Satellite---------- NEW YORK, August 7-Minerals Technologies Inc. (NYSE: MTX) announced today it has signed an agreement for a 14,000-metric ton satellite precipitated calcium carbonate (PCC) plant in Europe. The satellite facility, which will produce PCC as a filler pigment, will become operational in the fourth quarter of 2014. "We are very pleased to have come to an agreement for a satellite PCC plant at a paper mill in Europe for an est... 
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Aug. 05, 2013Minerals Technologies to Present at Jefferies Global Industrials Conference
NEW YORK, August 5-Minerals Technologies Inc. (NYSE: MTX) announced today that Robert S. Wetherbee, president and chief executive officer, will address financial analysts at the Jefferies 2013 Global Industrials Conference on Wednesday, August 14 in New York. Minerals Technologies will host a live webcast of Mr. Wetherbee`s presentation. Details for the webcast are as follows:                    ... 
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Jul. 25, 2013Minerals Technologies Achieves Record Earnings per Share of $0.63 from Continuing Operations, Up 11%, for Second Quarter
Company Reports Record Operating Income of $32.4 million, Up 7% over Prior Year and Achieves Record First Half Earnings-Up 8%---------- Highlights: · Sales Increased 2% over Prior Year - Underlying Sales Increased 4%, excluding Foreign Exchange · Record Operating Income for Specialty Minerals Segment; 15.0% of Sales · Restarted PCC Plant in France Supplying New Paper Mill Owner - Double A Paper · Contribution from FulFill®  Continues on Track for 20... 
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Jul. 22, 2013Minerals Technologies Completes First Phase of Expansion of its Ultrafine Specialty PCC Manufacturing Operation in Adams, Massachusetts
NEW YORK, July 22-Minerals Technologies Inc. (NYSE: MTX) announced today that it has completed Phase I of the 10,000-ton expansion of its production line for ultrafine Specialty precipitated calcium carbonate (PCC) at the company's Adams, Massachusetts, facility, and that Phase II of the expansion will be completed by the first quarter of 2014. Specialty PCCs are used in non-paper end products like food, pharmaceuticals, sealants and adhesives. "We are expanding our manufacturing facility ... 
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May. 29, 2013Minerals Technologies Launches New Product for Polymer Reinforcement Applications
NEW YORK, May 29-Minerals Technologies Inc. (NYSE: MTX) announced today that is has launched a new calcium carbonate product for reinforcement of plastic, called VICRON® FRP, in such applications as Sheet Molding Compound (SMC), Bulk Molding Compound (BMC) and thermoset polyesters. The product was developed by Specialty Minerals Inc., a wholly owned subsidiary of Minerals Technologies that is a leader in mineral additives. VICRON® FRP has been specifically designed with controlled particle size... 
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May. 28, 2013Minerals Technologies Elects J. J. (Jack) Carmola to its Board of Directors
NEW YORK, May 28-Minerals Technologies Inc., (NYSE: MTX) announced today that Jack Carmola has been elected to its Board of Directors. "We are very pleased to have someone of Jack Carmola's abilities and experience join our Board," said Joseph C. Muscari, Executive Chairman of Minerals Technologies. "He is a strong business leader who will bring to our Board a solid background in engineering, manufacturing, general management, supply chain and mergers and acquisitions."     ... 
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Apr. 25, 2013Minerals Technologies Reports First Quarter Earnings of $0.53 per Share, a 4-Percent Increase over 2012
Record First Quarter Earnings for the Company ---------- Highlights:   · Operating Income of $27.1 million, 10.8% of Sales · Record First Quarter Profit in Specialty Minerals Segment · Growth in Asia PCC Volume & Profitability · Company Signs Three New Agreements for FulFill® E-325 Technology · Repurchased $9.5 million in Treasury Stock in Quarter   NEW YORK, April 25-Minerals Technologies Inc. (NYSE: MTX) today reported net income of $... 
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Mar. 13, 2013Minerals Technologies Inc. Signs Commercial Agreement with CMPC Celulose Riograndense to Deploy FulFill(TM) Technology at a Paper Mill in Brazil
Unique High-Filler Technology Provides Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage  ----------First Commercial Agreement for the FulFill(TM) Technology in South America---------- NEW YORK, March 13-Minerals Technologies Inc., (NYSE: MTX) announced today that it has signed a commercial agreement with CMPC Celulose Riograndense to provide Fulfill(TM) E-325 at a paper mill in Guaiba, Brazil. This marks Minerals Technologies' first such agreement in Sout... 
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Mar. 04, 2013Minerals Technologies Inc. Elects Robert S. Wetherbee President and Chief Executive Officer; Joseph C. Muscari Becomes Executive Chairman
NEW YORK, March 4-Minerals Technologies Inc. (NYSE: MTX) announced today that its Board of Directors has elected Robert S. Wetherbee President and Chief Executive Officer, and that Joseph C. Muscari, who has served as Chairman and Chief Executive Officer since 2007, will remain with the company as Executive Chairman. Mr. Wetherbee, who was President of ATI Tungsten Materials in Nashville, Tennessee, a business unit of Allegheny Technologies, Inc., will join the company March 11. "I am ver... 
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Feb. 12, 2013Minerals Technologies Signs Commercial Agreement with North American Paper Company to Deploy FulFill(TM) Technology in Coated Paper
Third Commercial Agreement for the FulFill(TM) Technology in North America---------- NEW YORK, February 12-Minerals Technologies Inc., (NYSE: MTX) announced today that it has signed another commercial agreement with a North American paper company to provide FulFill(TM) E-325 at a paper mill that produces coated woodfree paper. This marks Minerals Technologies' third such agreement in North America for the new, high-filler technology. The paper company wishes to remain unnamed for competitive ... 
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Feb. 04, 2013Minerals Technologies Inc. Signs Commercial Agreement with Major North American Papermaker to Deploy FulFill(TM) E-325 Technology
Unique High-Filler Technology Provides Significant Cost Savings in Reduced Fiber Consumption by Increasing PCC Filler Usage  ---------- NEW YORK, February 4-Minerals Technologies Inc., (NYSE: MTX) announced today that it has signed a commercial agreement with a major North American paper company to provide Fulfill(TM) E-325, a new, high-filler technology, at a paper mill in the United States. This is the company's second commercial agreement with a North American papermaker. Minerals Technol... 
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Jan. 31, 2013Minerals Technologies Inc. Achieves Record Annual Earnings of $2.09 per Share, an 11-Percent Increase
Company Reported Earnings per Share of $0.50 for the Fourth Quarter ---------- Operating Income Grew 9 Percent for 2012 ---------- 2012 Highlights:   · Third consecutive year of record earnings · Signed two new satellite PCC contracts for China · Six commercial agreements for FulFillTM · Two-for-one stock split; quarterly dividend doubled · Repurchased $28 million in shares for 2012; $19 million in fourth quarter   NEW YORK, January 3... 
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Jan. 25, 2013Minerals Technologies Inc. Starts Operation of Second Satellite PCC Facility at a Paper Mill in Thailand Owned by Double A (1991) Public Company Ltd.
NEW YORK, January 25-The Minerals Technologies Inc. (NYSE: MTX) said today that a satellite precipitated calcium carbonate (PCC) plant announced in October of 2011 at a paper mill owned by Double A (1991) Public Company Ltd. in Tha Toom, Thailand, became operational in the fourth quarter of 2012. This joint venture is Minerals Technologies' second satellite PCC plant with Double A at the Tha Toom paper mill. This PCC facility, which will be operated by Double A Specialty Minerals Company Lt... 
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Dividends
DateTitle  
Nov. 13, 2013Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK, November 13-Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.05 per share on the company's common stock. The dividend is payable on December 12, 2013 to stockholders of record on November 29, 2013. Minerals Technologies Inc. is a global resource- and technology-based growth company that develops produces and markets the highest quality performance-enhancing minerals and related products, systems and services. MTI serves the paper, steel, polymer... 
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Oct. 31, 2013Minerals Technologies Reports Third Quarter Earnings per Share of $0.63, A 17-Percent Increase over Prior Year
Company Achieves Record Operating Income of $32.8 million; Up 15% over Prior Year and 12.9% of Sales ---------- Highlights: Sales Increased 3% over Prior Year-Underlying Sales Increased 4%, excluding Foreign Exchange  Record Operating Income for Specialty Minerals Segment-up 12% over Prior Year; 15.5% Operating Margin  New Satellite PCC Plants Contribute to Record Performance  Two New Satellite Contracts Signed During Quarter  Fulfill(TM) E-325 Technology Commercial Agreement in India... 
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Jul. 25, 2013Minerals Technologies Achieves Record Earnings per Share of $0.63 from Continuing Operations, Up 11%, for Second Quarter
Company Reports Record Operating Income of $32.4 million, Up 7% over Prior Year and Achieves Record First Half Earnings-Up 8%---------- Highlights: · Sales Increased 2% over Prior Year - Underlying Sales Increased 4%, excluding Foreign Exchange · Record Operating Income for Specialty Minerals Segment; 15.0% of Sales · Restarted PCC Plant in France Supplying New Paper Mill Owner - Double A Paper · Contribution from FulFill®  Continues on Track for 20... 
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Jul. 17, 2013Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK, July 17-Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.05 per share on the company's common stock. The dividend is payable on September 12, 2013 to stockholders of record on August 29, 2013. Minerals Technologies Inc. is a global resource- and technology-based growth company that develops produces and markets the highest quality performance-enhancing minerals and related products, systems and services. MTI serves the paper, steel, polymer and ... 
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May. 15, 2013Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK, May 15-Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.05 per share on the company's common stock. The dividend is payable on June 12, 2013 to stockholders of record on May 29, 2013. Minerals Technologies Inc. is a global resource- and technology-based growth company that develops produces and markets the highest quality performance-enhancing minerals and related products, systems and services. MTI serves the paper, steel, polymer and other man... 
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Apr. 25, 2013Minerals Technologies Reports First Quarter Earnings of $0.53 per Share, a 4-Percent Increase over 2012
Record First Quarter Earnings for the Company ---------- Highlights:   · Operating Income of $27.1 million, 10.8% of Sales · Record First Quarter Profit in Specialty Minerals Segment · Growth in Asia PCC Volume & Profitability · Company Signs Three New Agreements for FulFill® E-325 Technology · Repurchased $9.5 million in Treasury Stock in Quarter   NEW YORK, April 25-Minerals Technologies Inc. (NYSE: MTX) today reported net income of $... 
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Jan. 31, 2013Minerals Technologies Inc. Achieves Record Annual Earnings of $2.09 per Share, an 11-Percent Increase
Company Reported Earnings per Share of $0.50 for the Fourth Quarter ---------- Operating Income Grew 9 Percent for 2012 ---------- 2012 Highlights:   · Third consecutive year of record earnings · Signed two new satellite PCC contracts for China · Six commercial agreements for FulFillTM · Two-for-one stock split; quarterly dividend doubled · Repurchased $28 million in shares for 2012; $19 million in fourth quarter   NEW YORK, January 3... 
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Jan. 23, 2013Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK, January 23-Minerals Technologies Inc. (NYSE: MTX) today declared a regular quarterly dividend of $0.05 per share on the company's common stock. The dividend is payable on March 13, 2013 to stockholders of record on February 22, 2013. Minerals Technologies Inc. is a global resource- and technology-based growth company that develops, produces and markets the highest quality performance-enhancing minerals and related products, systems and services. MTI serves the paper, steel, polymer a... 
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Earnings
DateTitle  
Oct. 31, 2013Minerals Technologies Reports Third Quarter Earnings per Share of $0.63, A 17-Percent Increase over Prior Year
Company Achieves Record Operating Income of $32.8 million; Up 15% over Prior Year and 12.9% of Sales ---------- Highlights: Sales Increased 3% over Prior Year-Underlying Sales Increased 4%, excluding Foreign Exchange  Record Operating Income for Specialty Minerals Segment-up 12% over Prior Year; 15.5% Operating Margin  New Satellite PCC Plants Contribute to Record Performance  Two New Satellite Contracts Signed During Quarter  Fulfill(TM) E-325 Technology Commercial Agreement in India... 
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Oct. 16, 2013Advisory: Minerals Technologies Inc. Third Quarter 2013 Conference Call
NEW YORK, October 16-Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, November 1 at 11:00 a.m. Eastern Daylight Time to discuss its third quarter 2013 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 and clic... 
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Jul. 25, 2013Minerals Technologies Achieves Record Earnings per Share of $0.63 from Continuing Operations, Up 11%, for Second Quarter
Company Reports Record Operating Income of $32.4 million, Up 7% over Prior Year and Achieves Record First Half Earnings-Up 8%---------- Highlights: · Sales Increased 2% over Prior Year - Underlying Sales Increased 4%, excluding Foreign Exchange · Record Operating Income for Specialty Minerals Segment; 15.0% of Sales · Restarted PCC Plant in France Supplying New Paper Mill Owner - Double A Paper · Contribution from FulFill®  Continues on Track for 20... 
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Jul. 10, 2013Minerals Technologies Inc. Second Quarter 2013 Conference Call
NEW YORK, July 10-Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, July 26 at 11:00 a.m. Eastern Daylight Time to discuss its second quarter 2013 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 Thomson Reuters 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 and clic... 
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Apr. 25, 2013Minerals Technologies Reports First Quarter Earnings of $0.53 per Share, a 4-Percent Increase over 2012
Record First Quarter Earnings for the Company ---------- Highlights:   · Operating Income of $27.1 million, 10.8% of Sales · Record First Quarter Profit in Specialty Minerals Segment · Growth in Asia PCC Volume & Profitability · Company Signs Three New Agreements for FulFill® E-325 Technology · Repurchased $9.5 million in Treasury Stock in Quarter   NEW YORK, April 25-Minerals Technologies Inc. (NYSE: MTX) today reported net income of $... 
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Apr. 11, 2013Minerals Technologies Inc. First Quarter 2013 Conference Call
NEW YORK, April 11-Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, April 26 at 11:00 a.m. Eastern Daylight Time to discuss its first quarter 2013 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 Thomson Reuters 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 and cli... 
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Jan. 31, 2013Minerals Technologies Inc. Achieves Record Annual Earnings of $2.09 per Share, an 11-Percent Increase
Company Reported Earnings per Share of $0.50 for the Fourth Quarter ---------- Operating Income Grew 9 Percent for 2012 ---------- 2012 Highlights:   · Third consecutive year of record earnings · Signed two new satellite PCC contracts for China · Six commercial agreements for FulFillTM · Two-for-one stock split; quarterly dividend doubled · Repurchased $28 million in shares for 2012; $19 million in fourth quarter   NEW YORK, January 3... 
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Jan. 16, 2013Minerals Technologies Inc. to Hold Fourth Quarter 2012 Earnings Conference Call
NEW YORK, January16-Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, February 1, at 11:00 a.m. Eastern Standard Time to discuss its fourth quarter 2012 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 Thomson Reuters 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... 
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