In early 2011 the ultimate parent company of Cerac Inc. changed its name to Materion Corporation to promote a unified organisational structure to its worldwide market. Cerac Inc. has become part of the Materion Advanced Materials Business Group and still retains the manufacturing facility in Milwaukee producing speciality inorganic compunds and physical vapour deposition materials. Compounds are produced by a wide range of preparatory techniques ranging from classical wet chemical processes to high temperature vacuum and reactive gas synthesis. Key consuming industries include Semiconductors, LED Lighting, Energy storage devices, Phosphors and Aerospace.