Profile: Methode Electronics Inc (MEI)
14 Jun 2019
Methode Electronics, Inc. (Methode), incorporated on April 27, 1966, is a manufacturer of component and subsystem devices. The Company designs, manufactures and markets devices employing electrical, radio remote control, electronic, wireless and sensing technologies. The Company operates through segments, including Automotive, Interface, Power Products and Other. The Company has manufacturing, design and testing facilities in China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, Singapore, Switzerland, the United Kingdom and the United States. The Company's components are found in end markets of the aerospace, appliance, automotive, battery storage, construction, consumer and industrial equipment, communications (including information processing and storage, medical device, networking equipment, wireless and terrestrial voice/data systems), rail and other transportation industries.
The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers (OEMs), either directly or through their tiered suppliers. The Company's products include integrated center consoles, hidden switches, lighting systems, ergonomic switches, transmission lead frames and sensors, which incorporate magneto-elastic sensing and other technologies, that monitor the operation or status of a component or system.
The Interface segment provides a range of copper and fiber-optic interface and interface solutions for the aerospace, appliance, commercial food service, computer, construction, consumer, material handling, medical, military, mining, networking, point-of-sale, storage and telecommunications markets. The Company offers solutions, including conductive polymers, connectors, custom cable assemblies, industrial safety radio remote controls, optical and copper transceivers and solid-state field effect consumer touch panels. The Company offers services, including the design and installation of fiber optic and copper infrastructure systems, and manufacturing active and passive optical components.
The Power Products segment manufactures braided flexible cables, current-carrying laminated bus devices, custom power-product assemblies, such as PowerRail solution, high-current low voltage flexible power cabling systems and powder coated bus bars. The Company's power products are used in various markets and applications, including aerospace, computers, industrial and power conversion, military, telecommunications and transportation.
The Other segment includes medical devices, inverters and battery systems, and insulated gate bipolar transistor solutions. The Company's medical devices business includes Dabir Surfaces which is its surface support technology aimed at pressure ulcer prevention.
Methode Electronics Inc
7401 W Wilson Ave
CHICAGO IL 60706