| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
31 |
| Employees |
6,200 |
| Revenues (TTM) (Millions $) |
985 |
| Net Income (TTM) (Millions $) |
-185 |
| Cash Flow (TTM) (Millions $) |
-78 |
| Capital Exp. (TTM) (Millions $) |
34 |
Business Description
Om Group Inc. (OMG) is a global specialty chemicals and materials company based in Cleveland, Ohio. OMG is a publicly traded company on the NYSE and has operations in over 30 countries worldwide. The company focuses on the production and sale of high-performance materials and chemicals that are used in a variety of industries, including aerospace, electronics, automotive, and energy.
OMG operates in three main business segments: Advanced Materials, Magnetic Technologies, and Specialty Chemicals. Within the Advanced Materials segment, OMG produces materials used in the production of advanced electronic devices, such as smartphones and tablets, as well as materials used in aerospace and defense applications. The Magnetic Technologies segment focuses on the production of specialized magnetic materials used in a variety of industrial applications, including power generation, transportation, and medical diagnostics. The Specialty Chemicals segment produces a range of chemical compounds and additives used in the production of plastics, coatings, and other industrial materials.
OMG has a long history of innovation and has invested heavily in research and development to stay at the forefront of materials science. The company has a team of over 1,500 scientists and engineers working to develop new materials and manufacturing processes that can satisfy the needs of its global customer base.
In addition to its technical expertise, OMG has a strong reputation for quality and customer service. The company's materials are used in critical applications where failure is not an option, and as such, its customers demand the highest levels of performance and reliability. OMG has implemented rigorous quality control procedures at all stages of its manufacturing process to ensure that its materials meet or exceed customer specifications.
OMG has grown significantly over the past several decades through both organic growth and strategic acquisitions. The company's acquisition strategy has focused on acquiring complementary businesses that can expand its product offerings and geographic reach. Some of its more significant acquisitions include the purchase of Electronic Materials Inc. (EMI) in 2009, which expanded OMG's presence in the electronics market, and VACUUMSCHMELZE GmbH & Co. KG (VAC) in 2011, which gave OMG a strong foothold in Europe.
Overall, OMG is a global leader in the production of high-performance materials and chemicals. The company's technical expertise, commitment to quality, and strategic acquisitions have allowed it to maintain a strong position in the markets it serves. As a result, OMG is well-positioned to continue to grow and provide value to its shareholders in the years to come.
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