| Tech/Ops Sevcon Inc. (TO) VCA Stocks: Misc Sectors -> Industrial Manufacturing -> Electric Cars |
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Tech/Ops Sevcon, Inc. (Tech/Ops Sevcon) is engaged in the electronic controls business.
Through its wholly owned subsidiaries located in the United States, England, France, South Korea and Japan, the Company designs, manufactures, sells, and services, under the Sevcon name, microprocessor based controls for zero emission and hybrid electric vehicles. The controls are used to vary the speed and movement of vehicles, to integrate specialized functions and to prolong the shift life of vehicles’ power source. The Company’s customers are manufacturers of on-road, off-road and industrial vehicles, including automobiles, buses, fork lift trucks, aerial lifts, mining vehicles, airport ground support vehicles, utility vehicles, sweepers and other battery powered vehicles. Through another subsidiary located in the United Kingdom, Tech/Ops Sevcon manufactures special metalized film capacitors for electronics applications. These capacitors are used as components in the power electronics, signaling and audio equipment markets.
During the fiscal year ended September 30, 2009 (fiscal 2009), the Company operated in two business segments: electronic controls and capacitors. The electronic controls segment produces microprocessor based control systems for zero emission and hybrid electric vehicles. The Company’s products in the controls segment are used in electric vehicles to convert the electrical energy from the power source and control its use by the electric motors. The Company’s main customers in this segment manufacture electric vehicles for on-road, off-road and industrial applications including, construction, distribution, mining, airport ground support and utility applications. The capacitor segment produces special metalized film capacitors for sale to electronic equipment manufacturers. During fiscal 2009, approximately 92% of the Company’s revenues were derived from the controls business and 8 % was derived from the capacitor business.
The Company competes with Danaher, Sauer Danfoss, Hitachi, General Electric, Curtis Instruments Inc., Zapi SpA. and Iskra.
More Information for Tech/Ops Sevcon Inc. (TO):
Company Website - http://www.techopssevcon.com
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