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Ceradyne adds space and workers as contracts pick up

Industrial ceramics maker Ceradyne Inc. is nearing the end of a $2.5 million expansion of its Costa Mesa headquarters driven by an expected increase in defense and other work.

“We believe that shortly we’re going to see some significant new orders for U.S. government military applications and also new ceramic components for diesel engines,” Chief Executive Joel Moskowitz said.

Ceradyne makes advanced technical ceramics for industrial and defense uses, as well as for consumer electronics and semiconductor production gear. The company also is seeing stepped up demand for ceramic orthodontic products, according Moskowitz.

The company’s expansion, which aims to boost production capacity, is adding 10,000 square feet to Ceradyne’s Costa Mesa facility for a total of 100,000 square feet. The company expects to complete the project by month’s end.

Ceradyne employs about 300 people in OC with plans to add about 30 more within a year, according to Moskowitz.

For the first quarter, Ceradyne said its sales reached a three-month company record of $11.9 million, which was up 7% from the year-ago period.

“This year’s first quarter was about in line with what we’ve been doing,” Moskowitz said.

Ceradyne’s revenue last year was $45.9 million, with the Costa Mesa operation accounting for about $32 million of that, Moskowitz said. Projects from the OC office currently are driving most of the company’s growth, he said.

Earlier this year, Ceradyne opened its first office in China,a Beijing sales and marketing office that marks the company’s first operational beachhead in Asia, Moskowitz said.

Aside from its Costa Mesa plant, Ceradyne also has plants in Atlanta and in Lexington, Ky.

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