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Balance Sheet Cash Flow Statement 1625 Sharp Point Dr. Fort Collins, CO 80525 CO Tel. 970-221-0108 Toll Free 800-446-9167 Fax 970-407-6550 |
Type: Public
On the web:
http://www.advanced-energy.com
Employees:
1,679
Employee growth: 4.2%
Advanced Energy Industries (AE) advances ordinary electrical power to the head of the high-tech class. The company's power conversion and control products transform raw electricity, making it uniform enough to ensure consistent production in high-precision manufacturing. Top clients include semiconductor equipment makers Applied Materials (21% of sales), Axcelis, Lam Research, Novellus, and ULVAC. AE's gear also is used in the production of data storage devices (including hard disks, CD-ROMs, and DVDs) and flat-panel displays, and for a variety of industrial processes, such as applying coatings to windows, eyeglasses, and solar panels. The company gets more than half of its sales in the US.
Key numbers for fiscal year ending December, 2008:
Sales: $328.9M
One year growth: (14.5%)
Net income: ($1.8)M
Officers:
Chairman: Douglas S. (Doug) Schatz
President, CEO, and Director: Hans-Georg Betz
President and COO: Yuval Wasserman
Competitors:
Celerity
KLA-Tencor
MKS Instruments
