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Morgan Crucible has acquired Certech and Carpenter Advanced Ceramics, the US technical ceramics manufacturers, for £73m. 24-Dec-2007 Morgan Crucible is to acquire a 49% stake in NP Aerospace, the Coventry-based mouldings company with 200 staff, for £41m. 02-Aug-2007 Morgan Crucible is to acquire the ceramic fibres business of Cookson for £13m, including production sites in Poland and the US. 23-Feb-2006 Morgan Crucible is to sell Magnetics, its magnetic materials business with 4,000 staff, to One Equity Partners for £300m. 03-Oct-2005 Morgan Crucible is to acquire a 70% stake in Hubei Kailong Chemical, the Chinese ceramic fibres company, for £2m. 16-Feb-2005 Morgan Crucible is to sell the auto and consumer business of its electrical carbon division to Energy Conversion Systems of the US for £33m. 16-Jun-2004 Morgan Crucible is to raise £54m in a share issue to fund the restructuring of its carbon, ceramic and magnetic engineering operations. 20-Feb-2004 Morgan Crucible is planning to sell more non-core businesses and further reduce its 14,000-strong workforce, in order to make cost savings of up to £50m a year. 10-Sep-2003 Morgan Crucible has sold its Compressor Technology division to Hoerbiger Compression of the US for £6.6m. 05-Sep-2003 Morgan Crucible is to close its research and development base in Stourport later this year with the loss of 50 jobs. 13-Jun-2003 Morgan Crucible is to sell six of its US-based Engineered Soft Coatings facilities to a subsidiary of Curtiss-Wright for £13m. 24-Mar-2003 Morgan Crucible is to create up to 70 jobs at its Morganite Electrical Carbon plant in Swansea, with work being relocated from a sister facility in Hampshire. 14-Jan-2003 Morgan Crucible is planning to close its Morganite Special Carbons factory in Gosport, which makes washers, bearings and seals, with the loss of 90 jobs. 12-Sep-2002 Morgan Crucible has announced plans to shed 1,000 jobs over the next two years, while a further 1,000 will be transferred to lower-cost manufacturing sites outside the UK and US. 06-Feb-2002 Morgan Crucible is selling Emblem Group, the manufacturer of computing devices for the defence sector, to a management buy-out for undisclosed terms. 12-Oct-2000 Morgan Crucible is selling its Laser Diode subsidiary, which makes equipment for the fibre-optic communications industry, to Tyco International for £16m. 07-Apr-2000 Morgan Crucible is looking to spend up to £100m on another major acquisition, in order to help it focus on ceramic and carbon-based engineering products. 15-Mar-2000 Morgan Crucible is to sell its power industry products business to Tyco International of the US for £44m. 17-Feb-2000 Morgan Crucible is acquiring VAC, the high-performance magnets company, from Siemens of Germany for £114m, as part of a strategy to reinvest the proceeds of the £180m sale of its chemical products business. 02-Nov-1999 Morgan Crucible is selling its Isomor engineering business to Vesuvius Scotland for undisclosed terms, which will result in the loss of 48 jobs at its Morganite Thermal Ceramics plant in Norton. 30-Apr-1999 Morgan Crucible is to step up its rationalisation programme with a further 1,100 job cuts this year at a cost of £17m, and non-core businesses with turnover of about £80m will be sold off. 23-Mar-1999 Morgan Crucible is to sell its chemical products business to Illinois Tool Works of the US for £174m. 15-Mar-1999 Morgan Crucible is to cut 1,000 jobs in a £15m reorganisation, with the focus of attention being on the European thermal ceramic fibres business and an insulating fibre bricks plant in the US. 14-Jan-1999 Morgan Crucible is looking to sell its speciality materials division in order to focus on its core ceramics and carbon operations. 15-Sep-1998 Morgan Crucible is forming an Australian joint venture with Shinagawa Refractories of Japan to be called Shinagawa Thermal Ceramics, which will acquire refractory businesses from BHP and from Morgan. 30-Apr-1998 Morgan Crucible is acquiring four bolt-on acquisitions for £32m, including a German manufacturer of engineered ceramics, a Texas-based supplier of piston rings, an Italian ceramics distributor, and a 51% stake in a refractories company in Argentina. 12-Dec-1997 Morgan Crucible has acquired four companies for a total £10m - MH Detrick, the high temperature insulating products company, ETS Schaefer, Reineke's fine graphite operation, and Ringsdorff Carbon's electrical carbon business. 23-Oct-1997 Morgan Crucible is planning to spend £40m on bolt-on acquisitions this year, and is still considering plans to sell or float its Emblem engineering division. 16-Sep-1997 Morgan Crucible, the industrial carbons and ceramics company, is making four acquisitions for a total £12.4m - AGS of the US, Cupex of France, DR Energy of the UK, and Ash Fibre of the UK - and is also setting up a thermal ceramics joint venture in Japan with Nippon Steel Chemical. 02-May-1997 Morgan Crucible, the speciality materials and engineering company, is planning to announce a joint venture in Japan and two in China, as it believes that sales in Asia and the Pacific Rim could exceed sales in continental Europe. 31-Dec-1996 Morgan Crucible is to float eight engineering businesses, which it has combined into a new company called Emblem Technology, in order to reduce gearing. 22-Nov-1996 Morgan Crucible has acquired EM Corporation, the lubricants supplier, from Great Lakes Chemical Corp for £16m. 14-Nov-1996 Morgan Crucible, the speciality materials and engineering concern, plans to dispose of non-core operations and make further acquisitions in eastern Europe and south east Asia. 26-Mar-1996 Morgan Crucible has bought a 80% stake in Magna Industrial Company, the Hong Kong-based speciality chemicals concern. 08-Feb-1996 Morgan Crucible plans to cut costs by moving manufacturing from Western Europe to Eastern Europe, China and Vietnam. 12-Sep-1995
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