American Superconductor Corporation

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American Superconductor Corporation

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(NASDAQ:AMSC)
Contact Information
American Superconductor Corporation
68 Jackson Rd.
Devens, MA 01434-4020
MA Tel. 978-842-3000
Fax 978-842-3024

Type: Public
On the web: http://www.amsuper.com
Employees: 599
Employee growth: (16.1%)

American Superconductor (AMSC) gets a charge out of carrying a heavy load. The company has two units -- AMSC Power Systems and AMSC Superconductors. AMSC Power Systems makes electronic converters for wind turbines and electrical transmitters that modulate power faster than electromechanical switches. AMSC Superconductors makes high-temperature superconductor (HTS) wire used in the electrical control systems for wind turbines; it accounts for less than 5% of sales. Austrian subsidiary AMSC Windtec designs wind turbines and supports wind turbine manufacturers. Customers in the Asia/Pacific region account for more than 85% of sales. MIT professors Gregory Yurek and John Vander Sande formed AMSC in 1987.

Key numbers for fiscal year ending March, 2011:
Sales: $286.6M
One year growth: (9.3%)
Net income: ($186.3)M

Officers:
President, CEO, and Director: Daniel P. (Dan) McGahn
SVP, CFO, and Treasurer, and Secretary: David A. (Dave) Henry
Director Corporate Communications: Jason Fredette

Competitors:
ABB
GE Energy
Satcon Technology

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