Post by Materion Balzers Optics
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๐ ๐ซ๐จ๐ฆ ๐๐๐๐ฎ๐ฎ๐ฆ ๐๐ก๐๐ฆ๐๐๐ซ๐ฌ ๐ญ๐จ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐ญ๐ข๐๐ฌ: ๐ ๐๐จ๐ฎ๐ซ๐ง๐๐ฒ ๐๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐๐ซ๐๐ง๐ฌ๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง (๐๐๐๐โ๐๐๐๐) The years after 1990 were marked by turbulence and transformation. A global recession brought declining sales and difficult restructuring measures. With leaner structures, a streamlined product portfolio, and the mindset of our people, we managed to find our way back onto stable ground. ๐๐๐ฐ ๐ง๐๐ฆ๐๐ฌ ๐๐ง๐ ๐ฌ๐ก๐ข๐๐ญ๐ข๐ง๐ ๐๐จ๐๐ฎ๐ฌ During these two decades, Balzers became part of larger groups, carrying names such as Balzers & Leybold, Unaxis, and later Oerlikon. Each step mirrored the broader changes in the high-tech industry at that time โ globalization, new technologies, and shifting strategies. For the people at Balzers, it meant integration in new structures, while continuing to push the limits of thin-film technology. When the financial crisis hit in 2008, Oerlikon decided to concentrate on its core businesses and sold the optics activities in Balzers. ๐ ๐ง๐๐ฐ ๐๐ก๐๐ฉ๐ญ๐๐ซ ๐๐๐ ๐ข๐ง๐ฌ The following year, a management buy-out together with local investors brought back independency and led back to the foundation principals of Optics Balzers AG as a standalone company. For the first time in decades, the focus was fully back on coated optics and assemblies. This step opened the door to new opportunities and allowed us to concentrate on what defines us: coated optical components and assemblies for demanding markets such as medical technology, sensor systems, automotive, and space. Every decade shaped who we are today โ and the story continues. This is part three of our history series leading up to our 80th anniversary in 2026. More chapters will follow. #MaterionBalzersOptics #80Years #CompanyHistory #ThinFilmJourney #OpticalCoatings #Innovation #History #Balzers