KEMET to Mark 100-Year Anniversary with NYSE Closing Bell Ceremony
June 06 2019 - 5:05PM
KEMET Corporation (“KEMET” or the “Company”) (NYSE: KEM), a
leading global supplier of electronic components, today announced
that its Chief Executive Officer, William M. Lowe Jr., together
with the Company’s Board of Directors, senior leadership team and
key business partners, will ring The Closing Bell® at the New York
Stock Exchange (NYSE) on Wednesday, June 12, 2019 at 4:00 p.m. EDT.
The event will celebrate the Company’s 100-year anniversary.
From humble beginnings in a Cleveland garage in 1919, KEMET
innovations have enabled some of the most significant technological
advances throughout history — from the vacuum tube and transistor
eras to pioneering discoveries of the 21st Century. Today, KEMET
engineers, designs, manufactures and provides worldwide products
and service that support the latest technologies. Throughout its
global operations, sustainability is an integral part of KEMET’s
culture. In 2019, the Company published its first Corporate
Sustainability Report, outlining its commitment towards the
environment, its employees, and the communities where it operates.
The Company is a trusted provider of sustainable and quality
electronic components for the transportation, medical, military,
aerospace, industrial, telecom and consumer product industries.
Additionally, KEMET components meet the needs of fast-moving market
sectors including the Internet of Things (IoT), 5G and the
electrification of the powertrain and other systems in
automotive.
“Not only have we led technological change and become one of the
global leaders in our industry through the strength of our
products, manufacturing capabilities, sustainability initiatives
and innovation, but we’re poised for further growth,” stated
William M. Lowe Jr., KEMET Chief Executive Officer. “In today’s
increasingly electrified and connected world, KEMET is more
important than ever. Innovation and the development of materials
science is inherent to our very fabric. As our continued
year-on-year growth demonstrates, we are set to drive success and
leadership into our next one hundred years through the launch of
future technologies that will underpin new products and services
brought to market in the years to come. I’m immensely proud of our
unwavering commitment to our mission in making the world a better,
safer and more connected place to live,” continued Lowe.
KEMET has grown dramatically over the last century and now has
15,000 employees and 23 manufacturing locations worldwide, with
revenues of approximately $1.4 billion. In the last fiscal year
ending in March 2019, the Company shipped an estimated 54 billion
components to 188 countries and approximately 180,000
customers.
The full NYSE The Closing Bell® ringing can be viewed here.
About KEMET KEMET offers our customers the
broadest selection of capacitor technologies in the industry, along
with an expanding range of electromechanical devices,
electromagnetic compatibility solutions and supercapacitors. Our
vision is to be the preferred supplier of electronic component
solutions demanding the highest standards of quality, delivery and
service. The Company’s common stock is listed on the NYSE under the
symbol “KEM.” Additional information about KEMET can be found
at www.kemet.com.
Contact: |
Fernando
Spada |
|
Vice President, Marketing & Digital
Engagement |
|
fernandospada@kemet.com |
|
954.766.2815 |
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