MATW Matthews International Corporation Class A

Matthews International Prevails in Federal Court Ruling Affirming Arbitration Award Against Tesla

Matthews International Prevails in Federal Court Ruling Affirming Arbitration Award Against Tesla

PITTSBURGH, Oct. 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announced today that the United States District Court for the Northern District of California has issued an opinion and order confirming a previous arbitration decision in Matthews’ favor and denied Tesla’s attempt to overturn it.

This decision reinforces Matthews’ longstanding leadership in the design, development, and manufacturing of continuous process machinery for battery electrode production, including its proprietary dry battery electrode (“DBE”) solutions. For more than two decades, Matthews has delivered advanced rotary manufacturing technologies that streamline production of energy storage devices, helping to reduce cost and increase performance. The Federal Court’s recent decision also further strengthens Matthews’ position as a trusted partner in the global energy transition.

“This ruling is a significant validation of our technology, our intellectual property, and our commitment to innovation,” said Joe Bartolacci, President and CEO of Matthews. “For over 20 years, Matthews has invested in solutions that enable the future of energy storage and electrification. Our precision engineering expertise and proprietary DBE technology will help customers worldwide reduce costs and improve performance for next-generation batteries.”

About Matthews International

Matthews International Corporation operates through two core global businesses – Industrial Technologies and Memorialization. Both are focused on driving operational efficiency and long-term growth through continuous innovation and strategic expansion. The Industrial Technologies segment evolved from our original marking business, which today is a leading global innovator committed to empowering visionaries to transform industries through the application of precision technologies and intelligent processes. The Memorialization segment is a leading provider of memorialization products, including memorials, caskets and cremation and incineration equipment, primarily to cemetery and funeral home customers that help families move from grief to remembrance. In addition, the Company has a significant investment in Propelis, a brand solutions business formed through the merger of SGK and SGS & Co. Propelis delivers integrated solutions including brand creative, packaging, print solutions, branded environments, and content production. Matthews International has over 5,400 employees in 19 countries on four continents that are committed to delivering the highest quality products and services.

Matthews International Corporation

Corporate Office

Two NorthShore Center

Pittsburgh, PA 15212-5851

Phone: 412.442.8200

 Contact:Steve Nicola
  Chief Financial Officer
   





EN
02/10/2025

Underlying

Reports on Matthews International Corporation Class A

 PRESS RELEASE

Matthews International Prevails in Federal Court Ruling Affirming Arbi...

Matthews International Prevails in Federal Court Ruling Affirming Arbitration Award Against Tesla PITTSBURGH, Oct. 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announced today that the United States District Court for the Northern District of California has issued an opinion and order confirming a previous arbitration decision in Matthews’ favor and denied Tesla’s attempt to overturn it. This decision reinforces Matthews’ longstanding leadership in the design, development, and manufacturing of continuous process machinery for battery electrode production...

 PRESS RELEASE

Matthews Marking Systems Unveils MPERIA® Axian Inkjet AX1000 Series at...

Matthews Marking Systems Unveils MPERIA® Axian Inkjet AX1000 Series at PACK EXPO Las Vegas––Powered for Sunrise 2027 LAS VEGAS, Sept. 29, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announces today that its business, Matthews Marking Systems, is officially showcasing its at PACK EXPO Las Vegas, one of the industry’s premier events for packaging innovation. Axian is set to transform primary packaging operations with its advanced marking technology, empowering production lines to operate leaner, smarter, and more efficiently. Axian combines the flexibility o...

 PRESS RELEASE

Breakthrough Marking Technology Unveiled by Matthews Marking Systems

Breakthrough Marking Technology Unveiled by Matthews Marking Systems PITTSBURGH, Sept. 24, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announces today that its business, Matthews Marking Systems, is unveiling its proprietary Axian Inkjet (XIJ) printing technology, a breakthrough innovation redefining high-speed, high-resolution product marking for consumer-packaged goods (CPG) and fast-moving consumer goods (FMCG) industries. Introducing XIJ: The Next Generation of Inkjet PrintingUtilizing XIJ, the new printer (scheduled to launch next week at the ...

 PRESS RELEASE

Matthews International’s Engineering Business Hosting Energy Summit in...

Matthews International’s Engineering Business Hosting Energy Summit in Germany PITTSBURGH, Sept. 17, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announced today that its Matthews Engineering business is hosting an Energy Summit at its Development Center in Vreden, Germany, on September 17-18, 2025. The summit will convene a select group of industry experts, leading battery manufacturers, automotive OEMs, thought leaders, and innovators, to explore the latest advancements in battery manufacturing and energy technologies. The location of the event also gives ...

 PRESS RELEASE

Matthews International Announces Retirement Plans of CFO Steven F. Nic...

Matthews International Announces Retirement Plans of CFO Steven F. Nicola and Appointment of Daniel E. Stopar as Successor PITTSBURGH, Aug. 19, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that Steven F. Nicola, Chief Financial Officer and Treasurer, has advised the Company’s Board of Directors (the “Board”) of his plans to retire effective December 31, 2025, after more than three decades of dedicated service. Mr. Nicola joined Matthews in 1992 and has served as CFO since 2003. Throughout his tenure, he played a pivotal role in guiding the Com...

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