Johnson Electric

Johnson Electric Holdings Limited

Industry	Automotive, Industrial
Key people	Dr. Patrick Shui-Chung Wang (Chairman and CEO)
Number of employees	38,000
Divisions	Automotive Products Group, Industry Products Group, Components & Services
Website	www.johnsonelectric.com

Johnson Electric (德昌電機控股有限公司) (SEHK: 0179) is a leading provider of motion subsystems and motion components for automotive, industrial and medical applications. Johnson Electric has manufacturing facilities in 18 countries on four continents with a combined annual production capacity of over one billion motors and motion subsystems. Johnson Electric serves 2500 customers, including many of the world’s leading branded goods companies, top automotive suppliers and auto OEM's.^[1]

Geographically, the Company’s total sales are essentially equally divided between Asia, Europe and the Americas. For the 12 months ending 31 March 2016, Group net income was US$ 173 million on revenues of US$ 2.2 billion.^[2]

The Company's motion systems, motors and switches businesses are managed through two operating divisions: Automotive Products Group & Industry Products Group. Supporting the two divisions is the Group's Component & Services (C&S) function which produces plastic and metal parts, tooling and production equipment for motor and motion related products. Johnson Electric is vertically integrated and manufactures a wide range of components that form the basis for its final assembled end products.

Johnson Electric has its head office in Shatin, Hong Kong, and is listed on the Hong Kong stock exchange. Johnson Electric has 38,000 employees and subcontract workers in more than 20 countries, with the majority of the workforce engaged in production activities in China. Engineering centers are located in Canada, China, France, Germany, Hong Kong, Hungary, Italy, Israel, Japan, Switzerland, the UK and the USA.

Automotive Products Group

The Automotive Products Group (APG) provides powder metal components, custom motors, actuators, switches and motion sub-system solutions for all critical automotive motion related functions. Key customers include Valeo, Mahle, Magna, Ford, Volkswagen and General Motors.^[3]

The APG product line comprises the following brands and products:

Saia-Burgess for custom actuators and switches;
GATE for engine cooling fan modules;
Johnson Motor for DC motors (Standard DC, Compact DC, and brushless DC product lines);
Stackpole for powder metal components and pumps;
AML for active modules for vehicle headlamp systems.

The Automotive Products Group is focused to support the major automotive segments of powertrain, body and chassis. Motion solutions are available in the following areas:

Exterior Segment which includes motion solutions for headlamp adjusters, mirror adjusters, washer pumps, headlamp washers, front and rear window wipers
Door and Closure Segment which includes Motion solutions for cinching latches, door locks, door closure assistant, windowlift systems, convertible top systems, sunroof control
Interior Segment includes Motion solutions for seat adjusters, pedal adjusters, lumbar support adjusters, headrest adjusters
Tire and Braking Segment includes Motion solutions for anti-lock brake systems, electric parking brake, 4WD transfer case and air pump
Powertrain Engine Management Segment includes Motion solutions for electronic throttle control, traction control, suction-pipe actuators
Heating and Cooling Segment includes cooling fan modules, climate control, electronic speed controllers, HVAC blowers
Steering, Suspension and Safety Segments include Motion solutions for steering wheel locks, suspension levelling, vehicle stability control systems

Industry Products Group

The Industry Products Group (IPG) provides motion products and customized solutions for various commercial and industrial applications, including smart metering, circuit breakers, home appliances, power tools, business equipment, personal care products, building automation, security and other industrial products. Key customers include Dyson, Electrolux, Johnson & Johnson, Husqvarna and Landis+Gyr. ^[4]

The IPG product line comprises the following brands and products:

Johnson Motor for DC motors (Standard DC, Compact DC, and brushless DC product lines), and AC motors;
Saia Motor for stepper motors and synchronous motors;
Nanomotion for piezo motion systems;
Parlex for flexible circuits and microelectronics;
Ledex for solenoids;
Saia, Burgess, Ledex for switches and relays;
Johnson Medtech for medication delivery and surgical devices, medical grade pumps and custom actuators.

The Industry Products Group serves the following major segments:

White goods such as dishwasher, dryer, freezer, refrigerator, washing machine
Heating, ventilation and air conditioning such as fans, range hoods, heater, air purifier, air humidifier, boilers, water heaters
Floor care such as vacuum cleaner, power brush, floor polisher, steam cleaners, stick vac, hand vacuum
Home appliances such as blender, coffee machine, deep fryer, food processor, juicer, mixer, sewing machine, electric knife, slicer, mini chopper, stick blender, hand mixer, stand mixer
Power and garden tools such as robotic mower, drills, screwdrivers, leaf blower, rotary tool, belt sander, hedge trimmer, circular saw, reciprocal saw, angle drill, string trimmer, impact driver
Small engine electric starters for lawn and garden, outboard marine, ATV, jet ski, golf cart, snowmobile
Personal care such as toothbrush, hair dryer, hair trimmer, massager, hair clipper, foot bath, spa
Business machines such as ATMs, Point of Sale, vending machines, printers, currency handling
Building automation such as electric meters, gas meters, circuit breakers, door locks, window closures
Healthcare and medical equipment such as blood pressure monitors, nebulizers, dental jets, lab equipment, electric beds and other mobility aids
Industrial equipment such as semiconductor automation, document sorting and material handling.

Company History

1959: Founded by the late Mr. Wang Seng Liang and Mrs. Wang Koo Yik Chun
1970: Sales of Johnson Electric at $1.7 Million
1972: Dr. Patrick Wang established AC Motor Business
1976: Established Johnson Electric in USA
1976: Began production of micro-motors for the automotive industry
1980: Sales of Johnson Electric at $16 Million
1982: Established plant in Shajing, Shenzhen, China
1984: Listed on the Hong Kong Stock Exchange
1988: Established Johnson Electric branch office in Japan
1990: Sales of Johnson Electric at $126 Million
1992: Opened Engineering center in Germany
1995: ISO 9002 accreditation for China production
1998: QS-9000 certified for operations in China, Hong Kong, Germany and the United States
1999: Acquisition of Electric Motor Systems from Lear Corporation including Gate SpA in Italy
2000: Sales of Johnson Electric at $677 Million
2000: Johnson Electric Chairman Patrick Wang named the DHL International (HK)/South China Morning Post Businessman of the Year^[5]
2001: Established Automotive and Industry Groups structure
2001: Acquired motors business of Kautex Textron division
2001: Acquired seat motor business of ArvinMeritor's Light Vehicle Systems division
2004: Acquired 51% stake in Nanomotion Ltd. for high precision piezo ceramic motors
2004: Acquired Nihon Mini Motor for camera and optical disc drive products^[6]
2005: Acquired Saia-Burgess AG, a Swiss manufacturer of stepper motors, switches, actuators, and control systems
2005: Acquired Parlex, a USA manufacturer of flexible printed circuits and connector solutions^[7]
2007: Established the Johnson Medtech division in Hong Kong
2010: Sales of Johnson Electric at $ 1.74 Billion
2010: Opened automotive motor production plants in Chennai, India
2010: Opened motor production plant in Beihai, Guangxi, China
2012: Opened manufacturing plant in Zacatecas, Mexico
2012: Divested Saia Burgess Controls Division^[8]
2013: Opened manufacturing plant in Serbia
2015: Acquired Stackpole, a manufacturer of engine and transmission pumps and powder metal components^[9]

Recent Events

2016: Acquired AML Systems, a leading supplier of active modules for vehicle headlamp systems^[10]
2016: Named among the best companies to work for in Asia by HR Asia Magazine^[11]
2016: Reported 23% increase in net profit for the half year ended 30th September 2016 on sales of US$1.36 Billion
2016: Opened new production plant in Bedzin, Poland

References

↑ Johnson Electric 2016 Annual Report, p. 2-3 & 13
↑ Johnson Electric results for the year ended 31 March 2016
↑ Company Investor Briefing 2015/16 p. 32
↑ Company Investor Briefing 2015/16 p. 32
↑ SCMP South China Morning Post, Dec. 8, 2000
↑ PR Newswire, April 26, 2004
↑ PR Newswire, Aug. 18, 2005
↑ PR Newswire, Oct. 24, 2012
↑ PR Newswire, Aug. 10, 2015
↑ Marketwired - Feb 4, 2016
↑ HR Asia, May 3, 2016

External links

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