Ceramic Industry News

KEMET Consolidates Ceramic and Film and Electrolytics Business Groups

KEMET Corp. recently announced that it will combine its Ceramic and Film and Electrolytics business groups to generate synergies and accelerate the activities needed to enhance the operational performance of the former Film and Electrolytic (F&E) Business Group. Chuck Meeks, formerly senior vice president of the Ceramic Business Group, has been appointed to lead the newly organized group, effective immediately.

"We believe that the consolidation of these two businesses will capitalize on the Ceramic team's proven track record of consistently demonstrated restructuring capabilities, enabling it to continue to manage the successful performance of the Ceramic business unit while also applying its experience to the planned restructuring activities of the F&E business unit,” said Per Loof, KEMET's CEO. “The Ceramic Business Group has been able to maintain and even improve its performance during the recent challenging business cycle, and this combination will bring a strong management team to our plan to bolster the operating results of the F&E unit, strengthening our overall financial performance and providing additional shareholder value.”

Additional information is available at www.kemet.com.

Links

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

December 2014 Issue Highlights

Our December 2014 issue is now available! Posted: April 27, 2015.

Podcasts

Ceramics Expo podcast
Editor Susan Sutton discusses the upcoming Ceramics Expo with event director Adam Moore.
More Podcasts

Ceramic Industry Magazine

CI May 2015 cover

2015 May

Our May issue covers bulk batching, pneumatic conveyors, high-temperature furnaces and more! Be sure to check it out today.

Table Of Contents Subscribe

Daily News

We know where you find the latest ceramic industry news (ahem), but where do you catch up on the rest of your daily news?
View Results Poll Archive

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!