In 1986, Union Carbide announced its decision to divest itself of businesses that no longer fit its strategic business plans. This proved to be a very successful venture. This sale ended all ties with Union Carbide Corporation. Proceeds from these offerings were used to repay debt and redeem preferred stock. Our capacitors are fundamental elements used in every type of electronic equipment, including computers, telecommunication, automotive electronics, military electronics, medical electronics, and consumer electronics.
Production is measured in the billions of pieces per year.
As manufacturers increase circuit board densities and shift to more highly automated production techniques, demand for capacitors continues to shift from leaded toward surface mount.