KEMET Corporation
| Public | |
| Traded as | NYSE: KEM |
| Industry | Diversified Electronics |
| Founded | 1919 |
| Headquarters | Simpsonville, South Carolina, United States |
Key people |
Hon. Per-Olof Lööf (Chief Information Officer ) (Dec 31, 2013) |
| Products | Capacitor |
| Revenue | $ 836.44M (Dec 31, 2013) |
Number of employees | 9,550 (Dec 31, 2013) |
| Website |
www |
KEMET Corporation was set up in 1919 and now is based in Simpsonville, South Carolina. The company engages in many kinds of capacitors, such as tantalum, solid and electronic aluminum, multilayer ceramic, film, and paper capacitors. There are three segments in the company, namely, the Tantalum Business Group, the Ceramic Business Group, and the Film and Electrolytic Business Group. In 2012, the company completed the acquisition of Cornell Dubilier Foil, LLC and Niotan Incorporated.[1]
History
In 1919, KEMET Corporation was founded as a business of Union Carbide Corporation to manufacture component parts for vacuum tubes. In 1958, KEMET changed its market focus to tantalum capacitor. In 1969, the company entered the market of ceramic capacitors. In 1990, KEMET Electronics Corporation was acquired from Union Carbide and after two years, the company went public on the New York Stock Exchange under the symbol KEM.
In its long developing history, KEMET acquired the tantalum business unit of EPCOS AG in 2007, Evox Rifa Group Oyj and Arcotronics Italia S.p.A. in 2008, Cornell Dubilier Foil, LLC and Niotan Incorporated in 2012.[2]
In 2009, the Company was awarded a $15.1-million Department of Energy (DOE) grant to support the development of electric-drive vehicles in the United States, which helped the Company to expand its manufacturing facilities.[3]
Products and services
Tantalum Business Group focuses on tantalum and aluminum capacitors for computing, telecommunications, medical, military, automotive and many other industries. Ceramic Business Group focuses on multilayer ceramic capacitors. Film and Electrolytic Business Group focuses on film, paper and wet aluminum electrolytic capacitors. In addition, it also provides power film capacitors for alternative energy products, like hybrid electric drive vehicles.[4]
Research and development
In January 2014, KEMET introduced the High Voltage-High Temperature (HV-HT) Series in C0G Dielectric, improving the efficiency over competitive high temperature (200 degree) precious metal electrode (PME) and base metal electrode (BME) ceramic capacitor devices.[5] Oct. 2013 KEMET announced the opening of the new aluminum Electrolytic Innovation Center (EIC) in Weymouth, U.K. Products made from this new center include 20 g High Vibration Screw Terminal capacitors and a Low Inductance product line under Film and Electrolytic Business.[6]
Awards
In June 2013, KEMET won the Supplier Excellence Award for the Americas, Asia and Europe by TTI.[7]
References
- ↑ "Business Summary".
- ↑ "KEMET Company History".
- ↑ "Auto-Supplier KEMET to Expand Production Capacity in U.S.".
- ↑ "Company Full Description".
- ↑ "KEMET Introduces New Ceramic High Voltage-High Temperature Capacitors".
- ↑ "KEMET opens new UK Electrolytic Innovation Centre".
- ↑ "KEMET Receives Three Supplier Excellence Awards from TTI".