OM Group, Inc. operates as a technology-driven industrial company worldwide. The company serves markets, including automotive systems, electronic devices, aerospace, industrial and renewable energy. It has operations in North America, Europe and Asia, with the majority of its operations located outside of the United States. Segments The company’s segments include Magnetic Technologies, Battery Technologies, and Specialty Chemicals. Magnetic Technologies segment The Magnetic Technologies segment develops, manufactures and distributes industrial-use magnetic materials and related products with differentiated magnetic and/or other performance properties. A majority of its products are specially designed and manufactured for specific customers. The company offers a range of magnetic technology products, from magnetically soft products to some of the permanent magnets. The company’s products are sold in an array of end markets, including automotive systems, electrical installation technology, industrial, retail and renewable energy. The company sells the majority of its products directly to original equipment manufacturers who incorporate them into their sub-assemblies and final assemblies. Battery Technologies segment The Battery Technologies segment provides advanced batteries, battery management systems, and energetic devices for defense, space and medical markets. The company sells these products directly to customers who incorporate them into sub-assemblies. The business also develops and commercializes products, technologies and applications for emerging markets, including commercial aerospace, alternative energy storage, and oil and gas. The segment is a prime contractor or subcontractor for various U.S. Government programs, including U.S. Government customers. Specialty Chemicals segment The Specialty Chemicals segment develops, produces and supplies chemicals for electronic applications, and industrial applications including coatings, composites and tire, and photomasks used by customers to produce semiconductors and related products. The majority of its sales are directly to customers. Strategy The company’s strategy is to grow organically through product innovation and new market and customer development; to grow strategically through synergistic acquisitions; and to maximize total stockholder return through a combination of business growth, financial discipline, optimal deployment of capital and continued operational excellence. Research and Development The company’s research and development expenses were approximately $26.3 million in 2013. History OM Group, Inc. was founded in 1991.
om group inc (OMG:New York)
950 Main Avenue
Cleveland, OH 44113
|A Schulman Inc||$40.84 USD||-0.96|
|Alent PLC||377.50 GBp||+3.70|
|Cytec Industries Inc||$52.09 USD||-0.10|
|Ferro Corp||$12.75 USD||+0.04|
|Olin Corp||$30.24 USD||-0.015|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
Sponsored Financial Commentaries
To contact OM GROUP INC, please visit www.omgi.com. Company data is provided by Capital IQ. Please use this form to report any data issues.