CeramTec Overview
Company Headquarters: Marktredwitz, GermanyFounded: 1903
Workforce: ~3,589
Company Working: CeramTec is a leading global manufacturer and supplier of advanced ceramic products. It operates through two business segments—medical and industrial. The medical segment is focused on BIOLOX ceramic components for medical implants due to their biocompatibility, high wear resistance, manufacturing precision, and quality. The industrial segment develops and supplies a broad range of specialized, high-performance critical components for applications in the automotive, aerospace & defense, machinery, electronics, medical, chemical, and other end-use industries. It has 20 production facilities across the Americas, Europe, and Asia. It held assets worth USD 3,376.12 million in 2018.
Strategy
CeramTec aims to achieve profitable growth and strengthen its ceramics business in the international market. The company is focused on application consulting and the development of innovative, competitive, and sustainable processes to expand its customer base globally. Further, the company strives to manufacture and market high-quality products that are cost-effective, sustainable, safe, and eco-friendly.
