KEMET Announces Installation of Electric Vehicle Charging Station

published: 2011-08-18 15:21 | editor: | category: News

KEMET Corporation (NYSE: KEM), a manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, announced the installation of an electric and hybrid plug-in vehicle charging station at its Simpsonville, South Carolina headquarters. Use of the General Electric DuraStation EVSRN3 single pedestal charger is free to the public, and offers Level II charging service for vehicles requiring 208-240VAC at 40A. As a member of the "Greening of Greenville" partnership, KEMET is proud to support renewable energy initiatives to help reduce the city's carbon footprint.

KEMET manufactures capacitors for interference suppression in charging stations, as well as control circuitry in vehicles and charging circuits. With the installation of new production lines in its Simpsonville facility, this $32 million project, which includes $15.1 million in U.S. Department of Energy grants, will produce DC bus capacitors for electric vehicle applications while creating new jobs at the facility.

“This charging station positions KEMET as a leader in the Green segment from both a local and global perspective,” said Per Loof, KEMET Chief Executive Officer. “Here in Greenville, we are doing our part in being a good corporate citizen by helping to promote clean transportation and stimulating the local economy. As the first manufacturer to offer a complete line of capacitors for electric vehicle and electric charging applications, KEMET is leading this rapidly growing market. In fact, we are so successful with our transportation developments that the first production line in our new facility is already sold out,” continued Loof.

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