KEMET will be able to supply similar components for wind, tidal, geothermal and solar energy generation markets from the South Carolina facility as well.
“Manufacturers of electric-drive vehicles currently are dependent on offshore-based suppliers for DC bus capacitors,” said Per Loof, KEMET’s chief executive officer. “Increased production capacity in the United States will significantly reduce the supply-chain risks faced by hybrid-vehicle developers.”
“Investment in domestic expertise and production capacity for capacitors is a strategically important step in positioning the United States as a clear-cut leader in this field,” Loof added. “The DOE grant will help the environment, improve U.S. competitiveness, create jobs and benefit our shareholders.”
KEMET is a US-based manufacturer of tantalum capacitors, multilayer ceramic capacitors, film capacitors, electrolytic capacitors, paper capacitors, and solid aluminum capacitors.