Johnson Electric (德昌電機控股有限公司) (SEHK: 0179) is a leading provider of motion subsystems and motion components for automotive, industrial and medical applications. Johnson Electric has manufacturing facilities in 18 countries on four continents with a combined annual production capacity of over one billion motors and motion subsystems. Johnson Electric serves 2500 customers, including many of the world’s leading branded goods companies, automotive suppliers and auto OEM's.
Geographically, the Company’s total sales are essentially equally balanced between Asia, Europe and the Americas. For the 12 months ending 31 March 2016, Group net income was US$ 173 million on revenues of US$ 2.2 billion.
The Company's motion systems, motors and switches businesses are managed through two operating divisions: Automotive Products Group & Industry Products Group. Supporting the two divisions is the Group's Component & Services (C&S) function which produces plastic and metal parts, tooling and production equipment for motor and motion related products. Johnson Electric is vertically integrated and manufactures a wide range of components that form the basis for its final assembled end products.
Johnson Electric has its head office in Shatin, Hong Kong, and is listed on the Hong Kong stock exchange. Johnson Electric has 38,000 employees and subcontract workers in more than 20 countries, with the majority of the workforce engaged in production activities in China. Engineering centers are located in Canada, China, France, Germany, Hong Kong, Hungary, Italy, Israel, Switzerland, the UK and the USA.
The Automotive Products Group ("APG") provides powder metal components, custom motors, actuators, switches and motion sub-system solutions for all critical automotive motion related functions. Key customers include Valeo, Mahle, Magna, Ford, Volkswagen and General Motors.
The APG product line comprises the following brands and products:
Saia-Burgess for custom actuators and switches;GATE for engine cooling fan modules;Johnson Motor for DC motors (Standard DC, Compact DC, and brushless DC product lines);Stackpole for powder metal components and pumps;AML for active modules for vehicle headlamp systems.The Automotive Products Group is focused to support the major automotive segments of powertrain, body and chassis. Motion solutions are available in the following areas:
Exterior Segment which includes motion solutions for headlamp adjusters, mirror adjusters, washer pumps, headlamp washers, front and rear window wipersDoor and Closure Segment which includes Motion solutions for cinching latches, door locks, door closure assistant, windowlift systems, convertible top systems, sunroof controlInterior Segment includes Motion solutions for seat adjusters, pedal adjusters, lumbar support adjusters, headrest adjustersTire and Braking Segment includes Motion solutions for anti-lock brake systems, electric parking brake, 4WD transfer case and air pumpPowertrain Engine Management Segment includes Motion solutions for electronic throttle control, traction control, suction-pipe actuatorsHeating and Cooling Segment includes cooling fan modules, climate control, electronic speed controllers, HVAC blowersSteering, Suspension and Safety Segments include Motion solutions for steering wheel locks, suspension levelling, vehicle stability control systemsThe Industry Products Group ("IPG") provides motion products and customized solutions for various commercial and industrial applications, including smart metering, circuit breakers, home appliances, power tools, business equipment, personal care products, building automation, security and other industrial products. Key customers include Dyson, Electrolux, Johnson & Johnson, Husqvarna and Landis+Gyr.
The IPG product line comprises the following brands and products:
Johnson Motor for DC motors (Standard DC, Compact DC, and brushless DC product lines), and AC motors;Saia Motor for stepper motors and synchronous motors;Nanomotion for piezo motion systems;Parlex for flexible circuits and microelectronics;Ledex for solenoids;Saia, Burgess, Ledex for switches and relays;Johnson Medtech for medication delivery and surgical devices, medical grade pumps and custom actuators.The Industry Products Group serves the following major segments:
White goods such as dishwasher, dryer, freezer, refrigerator, washing machineHeating, ventilation and air conditioning such as fans, range hoods, heater, air purifier, air humidifier, boilers, water heatersFloor care such as vacuum cleaner, power brush, floor polisher, steam cleaners, stick vac, hand vacuumHome appliances such as blender, coffee machine, deep fryer, food processor, juicer, mixer, sewing machine, electric knife, slicer, mini chopper, stick blender, hand mixer, stand mixerPower and garden tools such as robotic mower, drills, screwdrivers, leaf blower, rotary tool, belt sander, hedge trimmer, circular saw, reciprocal saw, angle drill, string trimmer, impact driverSmall engine electric starters for lawn and garden, outboard marine, ATV, jet ski, golf cart, snowmobilePersonal care such as toothbrush, hair dryer, hair trimmer, massager, hair clipper, foot bath, spaBusiness machines such as ATMs, Point of Sale, vending machines, printers, currency handlingBuilding automation such as electric meters, gas meters, circuit breakers, door locks, window closuresHealthcare and medical equipment such as blood pressure monitors, nebulizers, dental jets, lab equipment, electric beds and other mobility aidsIndustrial equipment such as semiconductor automation, document sorting and material handling.1959: Founded by the late Mr. Wang Seng Liang and Mrs. Wang Koo Yik Chun1970: Sales of Johnson Electric at $1.7 Million1972: Dr. Patrick Wang established AC Motor Business1976: Established Johnson Electric in USA1976: Began production of micro-motors for the automotive industry1980: Sales of Johnson Electric at $16 Million1982: Established plant in Shajing, Shenzhen, China1984: Listed on the Hong Kong Stock Exchange1988: Established Johnson Electric branch office in Japan1990: Sales of Johnson Electric at $126 Million1992: Opened Engineering center in Germany1995: ISO 9002 accreditation for China production1998: QS-9000 certified for operations in China, Hong Kong, Germany and the United States1999: Acquisition of Electric Motor Systems from Lear Corporation including Gate SpA in Italy2000: Sales of Johnson Electric at $677 Million2000: Johnson Electric Chairman Patrick Wang named the DHL International (HK)/South China Morning Post Businessman of the Year2001: Established Automotive and Industry Groups structure2001: Acquired motors business of Kautex Textron division2001: Acquired seat motor business of ArvinMeritor's Light Vehicle Systems division2004: Acquired 51% stake in Nanomotion Ltd. for high precision piezo ceramic motors2004: Acquired Nihon Mini Motor for camera and optical disc drive products2005: Acquired Saia-Burgess AG, a Swiss manufacturer of stepper motors, switches, actuators, and control systems2005: Acquired Parlex, a USA manufacturer of flexible printed circuits and connector solutions2007: Established the Johnson Medtech division in Hong Kong2010: Sales of Johnson Electric at $ 1.74 Billion2010: Opened automotive motor production plants in Chennai, India2010: Opened motor production plant in Beihai, Guangxi, China2012: Opened manufacturing plant in Zacatecas, Mexico2012: Divested Saia Burgess Controls Division2013: Opened manufacturing plant in Serbia2015: Acquired Stackpole, a manufacturer of engine and transmission pumps and powder metal components2016: Acquired AML Systems, a leading supplier of active modules for vehicle headlamp systems2016: Named among the best companies to work for in Asia by HR Asia Magazine2016: Reported 23% increase in net profit for the half year ended 30th September 20162016: Opened new production plant in Bedzin, Poland2017: Reported sales for the nine months ended 31 December 2016 of US$2,027 million compared to US$1,578 million for the same period in 2015 -- an increase of 28%.
