2009 MTI Releases

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General
DateTitle 
Dec. 01, 2009Minerals Technologies Elects Robert L. Clark, Ph.D. to Board of Directors
NEW YORK--(BUSINESS WIRE)--Dec. 1, 2009-- Minerals Technologies Inc. (NYSE: MTX) announced today that its Board of Directors has elected Robert L. Clark, Ph.D., Dean of the Hajim School of Engineering and Applied Sciences at the University of Rochester, a member of the board. “We are very pleased to have someone of Dr. Clark’s caliber on our Board of Directors,” said Joseph C. Muscari, Chairman and Chief Executive Officer. “He will bring a wealth of knowledge and expertise—particularly in nano... 
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Oct. 22, 2009Minerals Technologies Inc. to Expand Satellite PCC Facility at Paper Mill Owned by Companhia Suzano Papel é Celulose, S.A., in Brazil
NEW YORK, Oct 22, 2009 (BUSINESS WIRE) -- Minerals Technologies Inc. (NYSE: MTX) announced today that it will expand its satellite precipitated calcium carbonate (PCC) plant at a paper mill owned by Suzano Papel é Celulose, S.A. in Suzano, Brazil. The facility, which was originally constructed in 1996, is operated by Minerals Technologies do Brasil Comercia é Industria de Minerais Ltda. The satellite PCC plant that produces filler material for Suzano's un... 
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Oct. 01, 2009Minerals Technologies Third Quarter 2009 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--Oct. 1, 2009-- Minerals Technologies Inc. (NYSE:MTX) will sponsor a conference call on Friday, October 23, 2009, at 11:00 a.m. Eastern Standard Time to discuss its third quarter and financial results. The company will release its financial results on October 22, 2009 and will host the conference call at 11 a.m. EDT the following day. The call is open to the public but active participation will be limited to i... 
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Aug. 13, 2009Thomas J. Meek Named Vice President, General Counsel and Secretary of Minerals Technologies Inc.
NEW YORK--(BUSINESS WIRE)--Aug. 13, 2009-- Minerals Technologies Inc. (NYSE: MTX) announced today that Thomas J. Meek has been named Vice President, General Counsel and Secretary of the company, effective September 1. Mr. Meek joins Minerals Technologies from Alcoa Inc., where he served as Deputy General Counsel. In that position he was Chief Litigation Counsel for all global litigation, claims, governmental investigations and subpoenas. In ad... 
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Jul. 23, 2009Minerals Technologies Inc. Announces Restructuring of Refractories Segment to Stem Losses
NEW YORK--(BUSINESS WIRE)--Jul. 23, 2009-- Minerals Technologies Inc. (NYSE: MTX) announced today a restructuring program that will focus on its Refractories business but also includes other select operations. As a result, the company will curtail significant losses in the business segment most deeply affected by the ongoing worldwide economic recession and improve near-term performance. This restructuring program reflects the company’s on-goin... 
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May. 19, 2009Kristina M. Johnson Withdraws Candidacy for Reelection to the Board of Directors of Minerals Technologies Inc.
NEW YORK--(BUSINESS WIRE)--May. 19, 2009-- Minerals Technologies Inc. (NYSE:MTX) announced today that Kristina M. Johnson, a member of the company’s Board of Directors since 2000, has withdrawn her candidacy for reelection after being nominated for the office of Under Secretary of the Department of Energy. “Kristina Johnson has been an influential member of our board for a number of years, and we will miss her knowledge and insi... 
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Apr. 23, 2009Minerals Technologies to Build a Satellite PCC Plant in India for Ballarpur Industries Limited
NEW YORK--(BUSINESS WIRE)--Apr. 23, 2009-- Minerals Technologies Inc. (NYSE: MTX) announced today that its wholly owned subsidiary, Specialty Minerals Inc., has entered into an agreement with Ballarpur Industries Limited (BILT) to construct a satellite precipitated calcium carbonate (PCC) facility at BILT’s Ballarshah Unit in the state of Maharashtra, India. The facility will produce approximately 65,000 metric tons of PCC per year and supply t... 
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Dividends
DateTitle 
Nov. 18, 2009Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK--(BUSINESS WIRE)--Nov. 18, 2009-- 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 17, 2009 to stockholders of record on December 1, 2009. Minerals Technologies Inc. is a global resource- and technology-based growth company that develops produces and markets the highest quality performance-enhancing minerals ... 
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May. 21, 2009Minerals Technologies Inc. Declares Quarterly Dividend
NEW YORK--(BUSINESS WIRE)--May. 21, 2009-- Minerals Technologies Inc. (NYSE: MTX) yesterday declared a regular quarterly dividend of $0.05 per share on the company’s common stock. The dividend is payable on June 17, 2009 to stockholders of record on June 2, 2009. Minerals Technologies Inc. is a global resource- and technology-based growth company that develops, produces and markets worldwide a broad range of specialty mineral, mineral-... 
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Earnings
DateTitle 
Oct. 22, 2009Minerals Technologies Reports Third Quarter Earnings Per Share of $0.53, Excluding Special Items; Reported Earnings Were $0.47 Per Share
Company Records Sales of $234 Million, a 12-Percent Sequential Increase; Operating Income Increased 158 Percent over Second Quarter, Excluding Special Items Highlights: Sequential improvement in sales in all major product lines - Refractories Segment sales increased 27 percent Processed Minerals product line returns to profitability ... 
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Apr. 23, 2009Minerals Technologies' First Quarter Diluted Earnings Per Share Were $0.25, Excluding Special Items; Reported Earnings Were $0.22 Per Share
Highlights: NEW YORK--(BUSINESS WIRE)--Apr. 23, 2009-- Minerals Technologies Inc. (NYSE: MTX) today reported net income of $4.2 million, or $0.22 per share, for the first quarter 2009, compared with $5.7 million, or $0.31 per share in the fourth quarter of 2008. Excluding special items, earnings per share were $0.25 compared with $0.41 per share in the fourth quarter of 2008. “Demand in our end markets—primarily the paper, steel, constructio... 
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Feb. 05, 2009Minerals Technologies' Fourth Quarter Diluted Earnings Per Share Were $0.41, Excluding Special Items, Reported Earnings Were $0.31 Per Share
NEW YORK--(BUSINESS WIRE)-- Minerals Technologies Inc.: Full Year 2008 Earnings Per Share Were a Record $3.44 Board Declares Regular Quarterly Dividend of $0.05 Per Share Highlights: Record Earnings for Full Year Despite Steep Fourth Quarter Decline Return on Capital of 8.0 Percent for 2008 Precipitous Fourth Quarter Drop in End Market Demand ... 
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