Materials Research Corporation Explained

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Materials Research Corporation (MRC) was a global manufacturer and supplier of highly specialized semiconductor materials and equipment.

Timeline

1957: Materials Research Corporation founded by Dr. Sheldon Weinig and Dr. Josef Intrater at 47 Buena Vista Ave., Yonkers, NY

for the purification and characterization of materials to be used in controlled research

1970: IPO, listed on the American Stock Exchange. Businesses included sputtering systems, high purity materials for sputtering and evaporation thin film metal processes, ultra high purity fine grande alumina substrates for telecommunication devices.
1975: Introduced 902/903 Batch
1980: Introduced 603 Batch
1981: Moved company from Yonkers, New York to Route 303, Orangeburg, NY 10962
1988: Introduced the Eclipse
1989: MRC acquires CVD division in Phoenix, AZ
1989: Acquired by Sony Corporation of America (for $58 million) ^[1]
1992: Garrett Pierce becomes President and CEO
1993: Tom Marmen becomes President and CEO
1996: Dr. Robert Foster becomes CEO
1997: Moved operations from NY to Gilbert, AZ, as part of a company reorganization

Outsourced manufacturing of the Eclipse Mark II, Eclipse Star, and Solaces PVD to Derlan, Inc.

Veeco Instruments Inc., Plainview, N.Y. acquired MRC Media & Magnetics Applications (MMA) division in Orangeburg, N.Y

KDF acquired the MRC batch and etch product lines from Tokyo Electron

1999: Praxair Surface Technologies, Inc., a wholly owned subsidiary of Praxair, Inc. acquired the business of Materials Research Corporation (MRC), a wholly owned subsidiary of Sony Corporation of America.