KEMET Corporation(NYSE:KEM) dropped from S&P 1000

KEMET Corporation (KEMET) is a manufacturer of passive electronic components. The Company operates in three segments: Solid Capacitors, Film and Electrolytic, and Electro-Magnetic, Sensors, and Actuators (MSA). The Company offers multilayer ceramic, tantalum, film and aluminum (solid and electrolytic) capacitors, and electro-magnetic compatible (EMC) devices, sensors and actuators. The Company's product offerings include surface mount, which are attached directly to the circuit board; leaded capacitors, which are attached to the circuit board using lead wires, and chassis-mount and other pin-through-hole board-mount capacitors, which utilize attachment methods, such as screw terminal and snap-in. The Company sells its products to a range of original equipment manufacturers (OEMs), including computer, communications, automotive, military, consumer, industrial and aerospace industries.