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Working at KEMET Corporation

Zippia score 4.6

Overview

JobsSalaryRevenueReviewsHistoryDemographicsCompetitorsCEO & Executives

KEMET Corporation overview

Industry
Electronics
Revenue
$1.3B
Headquarters
Employees
14,850
Founded in
1919
Organization type
Public
CEO
William M. Lowe Jr
Social media
KEMET Corporation, as we know it today, was officially formed on December 21, 1990. However, the history of KEMET actually began a long time ago. Kemet Laboratories was established by Union Carbide Corporation in 1919 to purchase the Cooper Research Company of Cleveland, Ohio, which had invented a promising high-temperature alloy. The name "KEMET" is a blend of the words "chemical" and "metallurgy." KEMET's first product used this high-temperature alloy for grid wires in vacuum tubes. In 1930, the product line was expanded to include barium-aluminum alloy getters, an essential element in vacuum tubes. KEMET's development of automatic machinery allowed production of high-quality getters in the huge quantities needed to match the rapid expansion of vacuum tube usage. In fact, it is estimated that over 80% of the vacuum tubes used by the Allies during World War II contained KEMET getters. The business continued to grow and prosper until the early 1950s when Bell Telephone Laboratories invented the transistor. As the transistor began to displace vacuum tubes in electronics, the getter business stagnated. Fortunately for KEMET, Bell Laboratories had also invented the solid tantalum capacitor, which complemented the use of low-voltage transistors (semi-conductors) in electrical circuits. Since Union Carbide had experience in the fields of high-temperature metals and alloys, the solid tantalum capacitor was chosen as KEMET's "new product" to complement the getter product line and to provide the vehicle for future growth.
The staff at KEMET Corporation come from unusually diverse demographic backgrounds. The company is 42.0% female and 41.1% ethnic minorities. KEMET Corporation employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 58.0% of employees identifying as members of the Republican Party. Despite their political differences, employees at KEMET Corporation seem to be happy. The company has great employee retention with staff members usually staying for 7.8 years.The average employee at KEMET Corporation makes $53,835 per year. Pay at KEMET Corporation is significantly lower than some of its highest paying competitors, like Allegro MicroSystems, Continental Technology Solutions, and Rubicon Technology, which pay $76,225, $75,984, and $72,799, respectively.
KEMET Corporation is an industry leader with 14,850 employees and an annual revenue of $1.3B that is headquartered in Fort Lauderdale, FL.

KEMET Corporation's mission statement

Mission and values: empowering the future with innovative component solutions.

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4.0/5

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The team at KEMET Corporation

  • The key people at KEMET Corporation is William M. Lowe Jr.
Key people
William M. Lowe Jr

KEMET Corporation rankings

KEMET Corporation is ranked #19 on the Best Technology companies to work for in Florida list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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KEMET Corporation salaries

Average KEMET Corporation salary
$53,835
yearly
$25.88 hourly
Updated March 14, 2024

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KEMET Corporation diversity

9.8
Diversity score
We calculated KEMET Corporation’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of KEMET Corporation’s workforce.
KEMET Corporation diversity summary. Zippia estimates KEMET Corporation's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated KEMET Corporation's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of KEMET Corporation's workforce.
  • KEMET Corporation has 14,850 employees.
  • 42% of KEMET Corporation employees are women, while 58% are men.
  • The most common ethnicity at KEMET Corporation is White (59%).
  • 19% of KEMET Corporation employees are Black or African American.
  • 12% of KEMET Corporation employees are Hispanic or Latino.
  • The average employee at KEMET Corporation makes $53,835 per year.
  • KEMET Corporation employees are most likely to be members of the republican party.
  • Employees at KEMET Corporation stay with the company for 7.8 years on average.

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KEMET Corporation financial performance

9.4
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

KEMET Corporation currently has 1.3B in revenue. KEMET Corporation's most recent quarter produced 293.2m (q4'2019).

KEMET Corporation annual revenue

$1B
$1B
$830M
$553M
$277M
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Highest paying KEMET Corporation competitors

Compare KEMET Corporation salaries to competitors, including Allegro MicroSystems, Continental Technology Solutions, and Rubicon Technology. Employees at Allegro MicroSystems earn the highest average yearly salary of $76,225. The salaries at Continental Technology Solutions average $75,984 per year, and the salaries at Rubicon Technology come in at $72,799 per year.
RankCompanyAverage salaryJobs
1$76,2250
2$75,9840
3$72,7990
4$72,2080
5$71,0530
6$70,6850
7$70,6000
8$61,1750
9$60,8250
10$60,5850
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of KEMET Corporation, including salaries, political affiliations, employee data, and more, in order to inform job seekers about KEMET Corporation. The employee data is based on information from people who have self-reported their past or current employments at KEMET Corporation. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by KEMET Corporation. The data presented on this page does not represent the view of KEMET Corporation and its employees or that of Zippia.

    KEMET Corporation may also be known as or be related to KEMET, KEMET CORP, KEMET Corporation, KEMET Electronics Corporation, Kemet Corporation, Kemet Electronics AB and Kemet Electronics Corporation.