II-VI Incorporated

II-VI Incorporated is a manufacturer of optical materials and semiconductors. As of 2020, the company had 22,969 employees and their stock is listed at Nasdaq under the ticker symbol IIVI.[1]

II-VI Incorporated
NASDAQ: IIVI
Industry
Founded1971[1]
FounderCarl Johnson
Headquarters
Saxonburg, Pennsylvania
,
United States
Number of locations
69[1] (2020)
Revenue2,380,071,000 USD[1] (2020)
Total assets5,234,714,000 USD[1] (2020)
Total equity2,076,803,000 USD[1] (2020)
Number of employees
22,969[1] (2020)
SubsidiariesMarlow Industries

History

II-VI Incorporated was founded in 1971 by Carl Johnson.[2] The name II-VI Incorporated is a reference to the groups II and VI in the periodic table, since the company started its business by producing cadmium telluride consisting of cadmium which belongs to group II and tellurium which belongs to group VI.[3] In 2004, II-VI Incorporated acquired Marlow Industries.[4]

Locations and facilities

II-VI Incorporated is headquartered in Saxonburg, Pennsylvania.[5] The company also maintains additional manufacturing facilities in New Jersey[6] and Champaign, Illinois[7]

References
  1. FORM 10-K Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended June 30, 2020
  2. "Ranking". money.usnews.com. Retrieved 2019-09-12.
  3. "About Us | II-VI Incorporated".
  5. "Local laser optics company introduces new systems". www.bizjournals.com. June 4, 2019. Retrieved 2019-09-12.
  6. Silverstein, Ken. "Are Microgrids Powered By On Site Green Energy The Next Big Thing?". Forbes.
  7. Desk, Area Development News (May 17, 2018). "II-VI EpiWorks Expands Champaign, Illinois, Center of Manufacturing Excellence". Area Development.
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