Ceramic Industry News

Ceradyne Shares Acquired by Needham & Co.

January 20, 2003
/ Print / Reprints /
/ Text Size+
Ceradyne, Inc. recently announced that approximately 927,000 shares of Ceradyne common stock have been acquired by mutual funds and private investment funds associated with Needham & Co., Inc. The shares were formerly held by the Ford Motor Co. "We are very pleased with the acquisition of Ceradyne shares by mutual funds and private investment funds associated with Needham & Company, Inc., since it reflects their confidence in Ceradyne's growth potential," said Joel Moskowitz, Ceradyne's chief executive officer. "Since 1986, Ford and Ceradyne have had a technical, development and business relationship that Ceradyne anticipates will continue. From an immediate perspective, this transaction, involving more than 10% of Ceradyne's outstanding shares, removes an overhang of a large block of shares."

Additional information on Ceradyne can be found at http://www.ceradyne.com .

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

May 2014 Issue Highlights

Our May 2014 issue is now available!


Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

Ceramic Industry Magazine

CI August 2014 cover

2014 August

Explore technical ceramics, glasses and refractories in our August issue!

Table Of Contents Subscribe


M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!


facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px