KEMET Corporation (NYSE:KEM) Files An 8-K Other EventsItem 9.01Other Events
On March21, 2018 KEMET Corporation (the “Company”) issued a News Release announcing that the European Commission has completed its investigation into alleged aluminum and tantalum electrolytic capacitor cartel activities, and in connection with the completion of such investigation has assessed penalties against TOKIN Corporation, an indirect wholly-owned subsidiary of the Company. A copy of this News Release is filed as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(a.) Not Applicable
(b.) Not Applicable
(c.) Not Applicable
(d.) Exhibits
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News Release, dated March 21, 2018 issued by the Company. |
KEMET CORP ExhibitEX-99.1 2 ex991pressrelease.htm EXHIBIT 99.1 Exhibit News ReleaseExhibit 99.1 News ReleaseFOR IMMEDIATE RELEASE Contact:William M. Lowe,…To view the full exhibit click here
About KEMET Corporation (NYSE:KEM)
KEMET Corporation (KEMET) is a manufacturer of passive electronic components. The Company operates in two segments: Solid Capacitors, and Film and Electrolytic. The Solid Capacitors segment primarily produces tantalum, aluminum, polymer and ceramic capacitors. Solid Capacitors also produces tantalum powder used in the production of tantalum capacitors. The Film and Electrolytic Business Group produces film, paper and wet aluminum electrolytic capacitors. It also designs and produces EMI Filters. The Company’s product offerings include surface mount, which are attached directly to the circuit board; leaded capacitors, which are attached to the circuit board using lead wires, and chassis-mount and other pin-through-hole board-mount capacitors, which utilize attachment methods, such as screw terminal and snap-in. The Company sells its products to a range of original equipment manufacturers (OEMs) and electronics manufacturing services (EMS) providers.
