MAKING SYSTEMS EFFICIENT Sensata Technologies is a world leader and early innovator in mission-critical sensors and controls, which help to improve the safety and comfort for millions of people every in a wide range of applications. Julia Snow reports on the most recent acquisition and the company’s positive 2011 results.
S
ensata Technologies Holding N.V. is one of the world’s leading suppliers of sensing, electrical protection, control and power management solutions with operations and business centers in eleven countries. On average, Sensata manufactures 20,000 different products and ships over 1 billion units a year under the brand names Klixon®, Airpax®, Dimensions™, Qinex™ and – the most recent addition to the brand family Sensor-NITE. Sensata’s products optimize the customers’ own leading-edge technologies and thereby play a vital part in maintaining efficiency and safety in nearly every field of daily life, from automotive, aircraft, industrial or military applications to heavy vehicles, heating, air-conditioning and ventilation technology
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right through to data and telecommunications and recreational vehicles.
Over 100 years of ongoing growth The corporate roots go back well over a century, when the General Plate Company was founded in Massachusetts in 1916 to provide gold plate to the Rhode Island jewelry industry. As the company grew a number of mergers and acquisitions took place, and in 2010 it was floated on the New York Stock Exchange. Today a total of 12,500 employees are employed in the two main business segments of Controls and Sensors. Sensata’s European head offices are located in Almelo in the Netherlands, and in addition there are Business Centers and
manufacturing sites in Belgium, the Netherlands, Brazil, Bulgaria, China, the Dominican Republic, Japan, Korea, Malaysia, Mexico and the United States. A worldwide network of Sales & Marketing offices is looking after the customers in their home markets, generating 25 per cent of business in Europe, 33 per cent in Asia and 42 per cent in the Americas.
Positive end of year results In their recently published Fourth Quarter and Full Year results the company was able to report a net revenue of just over $1.8 billion in 2011, which represents an increase of $286.9 million, or 18.6 per cent, from the previous year. Tom Wroe, Chairman and Chief
