SOURCE: Ceradyne, Inc.

Ceradyne, Inc.

January 19, 2011 07:30 ET

Ceradyne Opens Second Solar Energy Ceramic-Related Factory in Tianjin, China

COSTA MESA, CA--(Marketwire - January 19, 2011) - Ceradyne, Inc. (NASDAQ: CRDN) announced the grand opening of its new 218,000-square-foot factory in Tianjin, China, Ceradyne Tianjin Advanced Materials. This newly constructed facility will produce high-purity ceramic crucibles for the forming of large polysilicon ingots for use in the manufacturing of photovoltaic silicon solar cells.

The opening ceremonies were attended by customers from Europe, the U.S., Taiwan, Korea, Singapore, Malaysia and China. Suppliers and contractors from Italy, Mexico, the U.S. and China also attended along with Chinese employees and key Ceradyne executives, including Ceradyne ACO President David P. Reed and Ceradyne CFO Jerrold J. Pellizzon.

The new facility is located on Ceradyne's 13.7-acre plot in the Tianjin Airport Economic Area. The operation will be run by Ceradyne Chinese executives and engineers who have been trained by U.S.-based Ceradyne Thermo Materials' management.

Bruce Lockhart, Ceradyne Vice President responsible for the Company's solar energy efforts, commented: "This is a very exciting event for Ceradyne and particularly for Ceradyne Thermo Materials. It was only three and a half years ago that we opened the first crucible factory in Tianjin for the development and manufacture of high-technology ceramic crucibles to meet our Chinese customers' requirements."

About Ceradyne, Inc.
Ceradyne develops, manufactures, and markets advanced technical ceramic products and components for defense, industrial, automotive/diesel, and commercial applications. In many high performance applications, products made of advanced technical ceramics meet specifications that similar products made of metals, plastics or traditional ceramics cannot achieve. Advanced technical ceramics can withstand extremely high temperatures, combine hardness with light weight, are highly resistant to corrosion and wear, and often have excellent electrical capabilities, special electronic properties and low friction characteristics. Additional information about the Company can be found at http://www.ceradyne.com.

Forward-Looking Statements
Except for the historical information contained herein, this press release contains forward-looking statements regarding future events and the future performance of Ceradyne that involve risks and uncertainties that could cause actual results to differ materially from those projected. Words such as "anticipates," "believes," "plans," "expects," "intends," "future," and similar expressions are intended to identify forward-looking statements. These risks and uncertainties are described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2009 and its Quarterly Reports on Form 10-Q as filed with the U.S. Securities and Exchange Commission.