Private | |
Traded as | : OMG |
Industry | Specialty Chemicals |
Fate | Acquired by Apollo Global Management |
Headquarters | Cleveland, Ohio, United States |
Area served
|
Worldwide |
Key people
|
Joseph Scaminace (Chairman and CEO) |
Products | Specialty chemicals |
Revenue | US$1.64 billion(FY 2012) |
US$36.5 million (FY 2011) | |
US$42.0 (FY 2011) | |
Total assets | US$2.5 billion (FY 2012) |
Total equity | US$1.2 billion (FY 2012) |
Number of employees
|
6,800 |
Website | www |
Footnotes / references |
OM Group Incorporated is a metal-based chemistry firm based in Cleveland, Ohio, United States. It is a provider of speciality chemicals, advanced materials and technologies. The company was listed on the prior to being privatized by Apollo Global Management in June 2015.
OM Group employs approximately 6,000 people and has locations in Canada, China, D.R. Congo, France, Finland, Germany, India, Japan, Malaysia, Singapore, Taiwan, the United Kingdom and the United States.
OMG has six business units:
Of these six units, its three main business platforms are: magnetic technologies, battery technologies and speciality chemicals.
OM Group supplies more than 4,000 customers, serving more than 50 industries worldwide, including automotive systems, electronic devices, aerospace, industrial and renewable energy.
The roots of the company date back to the 1940s when the company’s predecessor Mooney Chemical Company was founded in 1946 in Cleveland by namesake James Mooney and his partner Carl A. Reusser. Forging strong ties with copper and nickel miners in Zaire and Zambia, Mooney quickly became key supplier of the metals, helping maintain some of the highest levels of productivity in the cobalt specialty-chemicals industry. In the mid-1990s, for example, OM Group's sales per employee were more than double the industry average, at $850,000 compared with less than $300,000.