CoorsTek

CoorsTek

Global supplier of engineered ceramic components

Overview

CoorsTek is a global leader in engineered ceramics. It makes ceramic components and materials used in electronics, medical implants, vehicle armor, and other industrial applications. These products are created from advanced ceramic compounds and engineered into parts that offer high temperature resistance, wear resistance, electrical insulation, and durability. The company differentiates itself by its large global footprint, extensive manufacturing capabilities, and a history of strategic acquisitions (e.g., Covalent Materials) that broaden its materials portfolio and geographic reach, backed by a longstanding family leadership. Its goal is to provide reliable, high-performance ceramic solutions at scale for diverse industries while expanding its global presence and capabilities.

About CoorsTek

Simplify's Rating
Why CoorsTek is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Defense

Healthcare

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$1.3B

Headquarters

Golden, Colorado

Founded

1910

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Simplify's Take

What believers are saying

  • Electronics ceramics market growing 5.3% CAGR to $19.3B by 2029, supporting Thailand expansion.
  • Defense sector consolidation through Avon Protection armor asset acquisition strengthens market position.
  • Workforce development partnership with $23M state grant secures aerospace talent pipeline for growth.

What critics are saying

  • Morgan Advanced Materials captures 25% US armor market share via aggressive silicon carbide pricing.
  • Kyocera's semiconductor-grade alumina seizes 15% electronics market with superior thermal conductivity.
  • Saint-Gobain's CeramTec acquisition consolidates 35% medical implant ceramics, blocking CoorsTek expansion.

What makes CoorsTek unique

  • Family-owned ceramics leader with 116-year heritage and vertical integration capabilities.
  • Diversified across aerospace, defense, electronics, and medical implants with $50M+ recent defense investments.
  • Strategic acquisitions including Covalent Materials and Dynamic-Ceramic expanded global manufacturing footprint significantly.

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Funding

Total Funding

$1.3B

Above

Industry Average

Funded Over

2 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Company News

Jeff Colegends
Feb 14th, 2025
CoorsTek Names Chad Brenneise as CFO

CoorsTek Inc., a Golden-based provider of engineered ceramics and advanced materials, appointed Chad Brenneise as...

Polar Performance Materials
Sep 9th, 2024
Polar Performance Materials Welcomes Kyle Finleon as Vice President of Semiconductor Sales

Kyle Finleon joins Polar from CoorsTek, Inc., where he most recently served as the Senior Manager of Semiconductor Sales.

GlobeNewswire
Apr 25th, 2024
Intermountain Health Receives Colorado Grant to Hire Frontline Healthcare Job Seekers and Guide Them to Higher-Level Jobs and Provide Upfront Tuition

Denver, April 25, 2024 (GLOBE NEWSWIRE) -- Intermountain Health is the recipient of a $1.9 million seed grant from the Opportunity Now Colorado grant...

The Prowers Journal
Apr 19th, 2024
Community College Workforce Partnerships Receive $23 Million n State Grant - LCC will benefit

To support Colorado's growing aerospace industry, Red Rocks Community College will partner with CoorsTek, Inc. and the Education Design Lab to create four micro-credentials that scaffold into an associate of applied science degree.

bjrfzcscl.com
Dec 8th, 2023
Electronics Ceramics & Electrical Ceramics Market is Probable to Influence the Value of USD 19.3 billion by 2029, Growing at a 5.3% CAGR

In February 2021, CoorsTek Inc. expanded its manufacturing capacity across Southeast Asia by initiating construction of a 400,000 sq. ft. engineered ceramics facility in Rayong, Thailand.

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