Dutton Associates Featured Company: Memry Corp. (MRY)

Memry Corporation provides design, engineering, development, and manufacturing services using proprietary shape memory alloy (SMA) and specialty polymer-extrusion technologies. The principal SMA used by Memry is a nickel- titanium alloy called nitinol. In 2004, Memry added to its product portfolio by acquiring Putnam Plastics and its polymer-extrusion and polymer-based components. Memry’s objective is to become the world leader in developing and processing shape memory materials with high quality and significant user value. Almost all of the company’s sales are to the medical device industry.

The company operates in two segments, Nitinol Products and Polymer Products.

The Nitinol Products segment offers design support, as well as manufacturing and marketing of products, which possess the ability to change shape in response to thermal and mechanical stress, while