BNET Industries

Ceradyne Inc.

(CRDN) is in the Manufacturing Industry

Market Cap:$422.4M
Last Fiscal Year Sales:$680.1M
  • Public
  • US
Dow Jones Description

Founded in 1967, Ceradyne Thermo Materials produces fused silica ceramic products in its 85,000 sq. ft. (7,900 m2) Georgia facility. Thermo Materials specializes in the manufacture of fused silica ceramic components for industrial markets. Its industrial products serve a wide market where high temperature and thermal shock resistance, as well as low thermal expansion, are required. Thermo Materials has the capability of producing large shapes (often over 100 lbs.) to precision tolerances. Ceradyne Thermo Materials also produces missile radomes for the Patriot, Aegis and Arrow missile systems from its fused silica ceramic. Thermo Material also performs the final grinding for the Pac-3 silicon nitride based radomes. Ceradyne Thermo Materials is an ISO 9002 certified company.

Chairman, President & CEO
Joel Moskowitz
Number of Employees 2,388
Contact Information

3169 Red Hill Ave

Costa Mesa, California 92626-3419

ceradyne.com

(714) 549-0421

NAICS Code All Other Miscellaneous Manufacturing: 339999

Recent Events

  • Wells Fargo Upgrades Ceradyne CRDN to Market Perform; XSAPI Thesis Confirmed

    10/28/09 - Bond / Stock Rating - View Story

  • Ceradyne Posts Lower Q3 Profit; Trims FY09 View; Forecasts FY10 Earnings Above Estimates - Update

    10/27/09 - Financial Announcement - View Story

  • Ceradyne Inc. Live on Latest Version of Kronos Workforce Central Suite

    10/01/09 - Licensing / Contract - View Story

  • UPDATE 1-Ceradyne posts quarterly loss

    7/29/09 - Financial Announcement - View Story

  • Ceradyne Issues Revised Fiscal 2009 Revenue and Earnings Guidance

    6/15/09 - Financial Announcement - View Story

News & Analysis

ceradyne inc. - All News and Analysis

  • Ceradyne: Tremendous Growth with Major Risks

    Seeking Alpha - 2008-08-11

    Barel Karsan submits: Ceradyne CRDN is a manufacturer of advanced ceramic products. One of its major products is ceramic body armor of which the US government has been a major customer. This company has undergone some amazing revenue growth. In the period 1998 to 2002, the company had...

    Tags: Materials/Industrials, Ceradyne Inc.

  • Ceradyne Inc. Q2 2008 Earnings Call Transcript

    Seeking Alpha - 2008-07-25

    Question-and-Answer Session Operator Operator Instructions. And your first question will go through the line of Pierre Maccagno. Pierre Maccagno - Needham & Company& Company Good morning Joel, Jerry, David and Mike. Congratulations on the quarter. You came out above consensus. Joel Moskowitz Thank you, Pierre. Pierre Maccagno -...

    Tags: Ceradyne Inc.

  • Ceradyne, Inc. Acquires Oil Drilling Bearing Technology

    - 2008-06-06

    COSTA MESA, Calif. -- Ceradyne, Inc. (Nasdaq:CRDN) announced today that it has acquired certain patents and intellectual property covering a proprietary technical ceramic bearing solution for "down hole" oil drilling. This intellectual property was acquired from a privately-owned business located in Greenwich, Rhode Island. The manufacturing of this product will...

    Tags: Ceradyne Inc.

  • Ceradyne, Inc. Receives $31.5 Million Ceramic Body Armor Order for U.S. Army

    - 2008-05-14

    COSTA MESA, Calif. -- Ceradyne, Inc. (NASDAQ:CRDN) has received a ceramic body armor delivery order for $31.5 million from the U.S. Army, Aberdeen Proving Ground, Maryland. The order is for Enhanced Side Ballistic Inserts ESBI, which will be delivered from September 2008 through November 2008. This new delivery order will...

    Tags: Ceradyne Inc., U.S. Army

  • Ceradyne Inc. Q1 2008 Earnings Call Transcript

    Seeking Alpha - 2008-04-25

    Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Tim Quillin with Stephens Incorporated. Tim Quillin - Stephens Incorporated Hi, good morning. Joel Moskowitz Good morning, Tim. Tim Quillin - Stephens Incorporated First question is how should we think about the quarterly distribution of armor revenue...

    Tags: Ceradyne Inc.

Decision Makers

Name (plus bio) Position
Dave Reed President, North American Oper
Jerrold J Pellizzon Cfo & Secretary
Bruce Lockhart Vice President
Howard F. George Vice President, Finance
Jeff Waldal Vice President
Kenneth R. Morris Vice President, Operations
Louis R. Falce Vice President
Michael A. Kraft Vice President, Nuclear & Semiconductor Business Units
Thomas A. Cole Vice President, Business Dev
Thomas Juengling Vice President
Dr Alvin Gerk
Marc King Vice President of Armor Operations

Board of Directors

Name (plus bio) Position
Joel Moskowitz Chairman, President & CEO
Frank Edelstein Board of Directors
Milton L Lohr Board of Directors
Richard A. Alliegro Board of Directors
Richard A. Kertson Board of Directors
William C. Lacourse Board of Directors

Organization Position Status
Quest Technology LP Chairman of the Board, Chief Executive Officer and President Current
Ceradyne, Inc. Chairman, President & CEO Current
Ceradyne, Inc. Founder Current
Alfred University Board of Directors Current
University of Southern California M.B.A. Former
Alfred University B.S. In Ceramic Engineering Former

David P. Reed joined Ceradyne in November 1983, and has served as a Vice President since January 1988. In March 2005, Mr. Reed was appointed to the newly created position of President of North American Operations, with responsibility for all the Company's Advanced Ceramic Operations in Costa Mesa, Irvine and San Diego, California, as well as the new plant in Lexington, Kentucky; Ceradyne Thermo Materials, in Scottdale, Georgia; and Ceradyne Semicon Associates, in Lexington, Kentucky. Mr. Reed's focus has been and will continue to be on lightweight ceramic armor systems. Mr. Reed remains General Manager of Advanced Ceramic Operations, Costa Mesa and Irvine, California, responsible for the operations, finances and marketing of the facilities. Prior to joining Ceradyne, Mr. Reed served as Manager, Process Engineering for the Industrial Ceramic Division of Norton Co. from 1980 to 1983. Mr. Reed obtained a B.S. in Ceramic Engineering from Alfred University in 1976 and an M.S. in Ceramic Engineering from the University of Illinois in 1978.

Organization Position Status
Ceradyne, Inc. President, North American Oper Current
Revera, Inc. Chief Technology Officer Current
Quest Technology LP Vice President Current
Physical Electronics Inc. Director of R&D Current
Ceradyne, Inc. Assistant Secretary & President, Vice President, North American Operations Former
University of Illinois Ph.D. Degrees In Materials Science Former
University of Illinois M.S. In Ceramic Engineering Former
Alfred University B.S. In Ceramic Engineering Former
Linfield College Bachelor of Arts Degree In Physics Former

Organization Position Status
Ceradyne, Inc. Cfo & Secretary Current
Quest Technology LP Chief Financial Officer and Corporate Secretary Current
University of California, Los Angeles B.S. In Economics Former

Array

Organization Position Status
Quest Technology LP Vice President and President of Ceradyne Thermo Materials Division Current
Thermal Ceramics Inc. President Former
Clemson University M.B.A. Former

Organization Position Status
Ceradyne, Inc. Vice President, Finance Current

Organization Position Status
Ceradyne, Inc. Vice President Current
Quest Technology LP Vice President and President of Ceradyne Semicon Associates Division Current
Jon-Jay Associates, Inc. Current
Bois d'Arc Energy, Inc. Current
Favrille, Inc. Current
Boston Beer Company, Inc. Current
Mindray Medical International Ltd. Current
Semicon Associates, Inc. President Former
Ceradyne, Inc. Quality Manager Former
Semicon Associates, Inc. quality manager Former
University of Kentucky B.A. In Business Management Former
Ladish Co., Inc. supervisor Former
Eastern Kentucky University M.B.A. Former
University of Kentucky B.A. In Business Management Former

Organization Position Status
Ceradyne, Inc. Vice President, Operations Current
Ceradyne, Inc. Materials Manager Former
Kyocera International, Inc. Former

Louis R. Falce joined the Company in 1985 and has served as Vice President since January 1987, and as Executive Vice President, Cathodes since July 1995.

Organization Position Status
Cathodes Executive Vice President Current
Ceradyne, Inc. Vice President Current

Michael Kraft was appointed Vice President Nuclear and Semiconductor Business Units in June 2007. Mr. Kraft joined Ceradyne in February 2005 in the newly created position of Vice President of Sales, Marketing and Business Development. Prior to joining us, from 2003 through 2005, Mr. Kraft was a Founding Principal of SunGlobal LLC, a business growth consulting group. From 2000 through 2002, Mr. Kraft was President, USA, for Rational AG and from 1993 through 2000, he held business development and marketing positions with Kulicke & Soffa Industries, Inc. Prior to 1993, Mr. Kraft held various management and marketing positions with General Electric Company. He holds degrees with honors from Michigan State University in electrical engineering and a Masters in Management degree from Pennsylvania State University.

Organization Position Status
Quest Technology LP Vice President of Nuclear and Semiconductor Business Units Current
Ceradyne, Inc. Vice President, Nuclear & Semiconductor Business Units Current
Kulicke & Soffa Industries, Inc. President Former
The Pennsylvania State University MBA degree Former
Michigan State University Degrees With Honors Former
The Pennsylvania State University Degree Former

Organization Position Status
Ceradyne, Inc. Vice President, Business Dev Current
Ceradyne, Inc. Board of Directors Current
Corhart Refractories Corp. Former
State University of New York at Buffalo M.B.A. Degree Former
Alfred University B.S. Degree Former

Organization Position Status
Ceradyne, Inc. Vice President Current
Ceradyne, Inc. Cto Former
University of Karlsruhe PH.D. In Engineering and Materials Science Former

Organization Position Status
Ceradyne, Inc. Current
Carborundum Corp Former
University of Illinois Ph.D. degrees in Metallurgical Engineering Former

Mr. Edelstein has served on our Board of Directors since 1984. Mr. Edelstein has been a Vice President of Stone Creek Capital, Inc., an investment banking firm, since November 1986. From 1979 to November 1986, he was Chairman of the Board of International Central Bank & Trust Company, which was acquired by Continental Insurance Co. in July 1983. Mr. Edelstein is currently a director of Arkansas Best Corp. and IHOP Corp. Mr. Edelstein obtained a B.A. degree in Mathematics from NYU in 1948.

Organization Position Status
Delafoil Holdings Inc. Vice President Current
Quest Technology LP Board of Directors Current
Arkansas Best Corporation Board of Directors Current
Ceradyne, Inc. Board of Directors Current
Financial Services Group Senior Vice President Former
Kelso & Company Vice President Former
Arkansas Best Corporation Director Former
New York University B.A. degree in Mathematics Former

Array

Organization Position Status
Quest Technology LP Vice President and President Current
Ceradyne, Inc. Board of Directors Current
Gma Cover Corp President Former
Gichner Systems Group Inc. Vice President Former
Mistral Vice President of Business Development Former

Organization Position Status
Quest Technology LP Board of Directors Current
Ceradyne, Inc. Board of Directors Current
Defense Research LLC CEO Former
Flight Systems, Inc. Executive Vice President Former
Defense Research LLC Founder Former
Co-Defense Board of Directors Former
University of California, Los Angeles M.S. Degree Former

Organization Position Status
Ceradyne, Inc. Board of Directors Current
Quest Technology LP Board of Directors Current
Lanxide Corp Former
Alfred University M.S. Degrees In Ceramic Engineering Former
Alfred University B.S. Former

Organization Position Status
Quest Technology LP Board of Directors Current
Varco International, Inc. Director Current
Ceradyne, Inc. Board of Directors Current
University of California, Berkeley M.B.A. degree in Finance Former
Occidental College A.B. degree in Economics Former

Organization Position Status
Ceradyne, Inc. Board of Directors Current
Rensselaer Polytechnic Institute PH.D. Degree In Materials Engineering Former

Executive News

  • Ceradyne, Inc. Receives $16.4 Million ESAPI Order

    Business Wire - 8/27/09 - View Story

advertisement
Click Here
     CRDN $16.45 +0.03 (0.18% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 246,135
Shares Outstanding 25.68M
Market Cap 422.4M
Year High 27.75
Year Low 14.27
Earnings Per Share 0.60
P/E Ratio 27.42
Dividend N/A
Yield N/A
IndustryTop Rated
advertisement
Click Here