October 1, 2015
CoorsTek KK

Japanese and American Firm Combine to Create Global Ceramics Powerhouse
Covalent Materials becomes CoorsTek and changes its name and headquarters
Covalent Materials Corporation, formerly Toshiba Ceramics, will change its name to “CoorsTek
KK” and move its headquarters on October 1, 2015. John K. Coors will remain Board Chairmanof CoorsTek KK, and Toshio Nagahama will remain President and Chief Executive Officer ofCoorsTek KK.
Since CoorsTek, the world’s largest engineered ceramics manufacturer, acquired Covalent inDecember 2014, the businesses have integrated and enhanced their operations. The
transformation of Covalent to CoorsTek KK and its integration into the CoorsTek enables anexpanded presence for the company, making it a major player in Asia.
CoorsTek is a global company with over 50 manufacturing locations in 14 countries, more than
6,000 employees and an annual revenue of US$1.25 billion (approximately ￥150 billion).
“Since the acquisition in December of last year, our companies have worked to integrate inAsia and worldwide, and as the final step we are changing our name to CoorsTek KK. We willcontinue to maintain the management policies that the Covalent Group cultivated—customerfirst, improving corporate values, contributing to society, fair corporate activities and individualrespect—and do our utmost to provide new value to our customers as a leading global
ceramics group,” said Toshio Nagahama.
“Covalent and CoorsTek each have 100 years of complementary history and accumulated
expertise which makes us stronger together,” explains Jonathan Coors, Chief Executive Officerof the CoorsTek Semiconductor and Medical Group. “The combination expands our customerand technical support base in Japan and Asia, deepens our technology innovation, and extends
our brand value and recognition worldwide. Moving forward, CoorsTek is leveraging ourcombined strengths to help technology and manufacturing customers solve the world’s mostdifficult challenges in semiconductor and medical industries, among others.”

Osaki Wiz Tower., 11-1, Osaki 2-chome,
Shinagawa-ku, Tokyo 141-0032, JapanT+81 3 5437 8411

F+81 3 5437 7172

About CoorsTek
CoorsTek makes the world measurably better as the partner of choice for technology andmanufacturing companies worldwide whose success requires the unique, high-performance
properties of products manufactured from engineering ceramics and advanced materials.
CoorsTek products and components touch people’s lives through amazing solutions to global
challenges in energy, transportation, information technology, healthcare, and defense, amongothers. For more information about CoorsTek, including production information, its history
since 1910, and locations throughout North America, South America, Europe and Asia, visit
coorstek.com.
About CoorsTek KK’s New Headquarters
Start of Operations: October 1, 2015
Address: Osaki Wiz Tower, 11-1 Osaki 2-chome, Shinagawa-ku, Tokyo, 141-0032(4 minute walk from Osaki Station)
Phone: +81 3-5437-8411
Web Site: coorstek.co.jp

Contact:CoorsTek KK
Shiro Inoue, Head of Legal Group+81 3-5437-6265
Shiro_Inoue@coorstek.co.jp

Osaki Wiz Tower., 11-1, Osaki 2-chome,Shinagawa-ku, Tokyo 141-0032, Japan

T+81 3 5437 8411

F+81 3 5437 7172