Type Public Industry Electronics Number of employees 9,225 | Traded as NYSE: KEM Website www.kemet.com Founded 1919 | |
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Key people Per Loof
(Chief Executive Officer)
William M. Lowe Jr.
(Chief Financial Officer)
Philip M. Lessner
(Chief Technology Officer)
Susan Barkal
(Chief Compliance Officer) Products Capacitors & Electronic Components Stock price KEM (NYSE) US$ 11.40 +0.02 (+0.18%)16 Mar, 3:43 PM GMT-4 - Disclaimer Headquarters Simpsonville, South Carolina, United States CEO Per-Olof Loof (4 Apr 2005–) Revenue 836.4 million USD (Dec 31, 2013) Subsidiaries KEMET Electronics Marketing (S) Pte Ltd Profiles | ||
KEMET Corporation was set up in 1919 and now is based in Simpsonville, South Carolina. The company produces many kinds of capacitors, such as tantalum, aluminum, multilayer ceramic, film, paper, polymer electrolytic, and supercapacitors. Capacitors are electronic components that store, filter, and regulate electrical energy and current flow. As an essential passive component used in most circuit boards, capacitors are typically used for coupling, decoupling, filtering, oscillating and wave shaping and are used in communication systems, data processing equipment, personal computers, cellular phones, automotive electronic systems, defense and aerospace systems, consumer electronics, power management systems and many other electronic devices and systems (basically anything that plugs in or has a battery). The company also manufacturers a variety of electronic components such as, AC line filters, EMI cores and filters, flex suppressors, relays, metal composite inductors, ferrite products, and transformers/magnetics. The product line consists of nearly 5 million distinct part configurations distinguished by various attributes, such as dielectric (or insulating) material, configuration, encapsulation, capacitance (at various tolerances), voltage, performance characteristics and packaging.
Contents
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.
In 2012, the company completed the acquisition of Cornell Dubilier Foil, LLC and Niotan Incorporated.
In 2017 the company announced the closing of the NEC TOKIN Corporation. KEMET Electronics Corporation will acquire, the renamed, TOKIN Corporation by April 10th, 2017.
Products and services
KEMET Electronics Corporation manufacturers capacitors and other components for computing, telecommunications, medical, aerospace defense, and auomotive markets. The Solid Capacitor Business Group produces tantalum and ceramic capacitors. The Film and Electrolytic Business Group sells film, paper, solid organic aluminum electrolytic capacitors, wet aluminum electrolytic capacitors.
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.
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. 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. In fiscal year 2015, KEMET had 33 PhD scientists, of which 17 were focused on technology, and 501 engineers (about one half of which are in manufacturing and the other half in R&D). KEMET was granted a record number of 20 U.S. patents in fiscal year 2015.
Awards
In June 2013, KEMET won the Supplier Excellence Award for the Americas, Asia and Europe by TTI. In 2015, KEMET received the Global Operations Excellence Award from TTI.