Yuasa, Inc. was the company's previous name before changing to EnerSys in January 2001. The firm was started in October 2000 and is based in Reading, Pennsylvania. It specializes in power electronics for use in solar energy systems.
See also: EnerSys website
Solar power has become a popular source of renewable energy due to concerns over global warming and the increasing costs of conventional energy sources. Solar panels use the sun's heat to produce electricity without polluting our environment. In fact, they even generate electricity during cloudy days or night-time! The first commercial solar cell device was developed by Bell Laboratories in 1954. They used silicon cells at that time because they were able to convert sunlight into electricity with reasonable efficiency. However, it took decades for solar technology to develop and improve upon this initial design. Today's solar cells use semiconductors that are manufactured using similar processes as those used for computer chips. These modern cells can be found everywhere from large-scale solar farms to mobile phones. There are two main types of solar cells: crystalline and thin film. Crystalline cells consist of flat plates of glass or silicon wrapped with wire to create an electrical circuit.
Energizer Holdings Inc. is a global battery company that develops, manufactures, and sells rechargeable batteries for various applications. The company's products include heavy-duty batteries for use in construction equipment, military vehicles, marine craft, off-road vehicles, and personal care products; industrial batteries for use in electric vehicles, forklifts, and other machinery; automotive batteries for use in cars, trucks, and other vehicles; and household batteries for use in camera phones, personal computers, toys, and other devices.
It was founded in 1866 by Dr. John Brown Energi-Gen Inc. In 1969, Eastman Kodak Company purchased the rights to use the Energizer name for its disposable batteries. In 1992, after more than 100 years of being independent, Energi-Gen Inc. reincorporated as Energizer Holdings Inc. Today, Energizer is the largest manufacturer of batteries and the second largest producer of zinc. It has operations in 40 countries and employs about 21,000 people.
Energizer owns the trademark on the bunny logo used to identify its brand of rechargeable batteries. This trademark is used by many other companies as well who make their own branded batteries.
Energizer is based in St. Louis, Missouri, and has six production plants in the United States, two in China, and one each in Singapore and Indonesia. The company claims that it is the world's largest manufacturer of battery chargers.
Energizer was founded in 1884 by Dr. Saul E. Kordau as a small machine shop in St. Louis manufacturing buttons and sewing needles. It turned to the development of rechargeable batteries and started selling them under the name "Energen" in 1886. In 1990, Energizer acquired Maxwell Laboratories, which produced similar batteries under the names Duracell and Ray-Ban.
In 2001, Energizer merged with Lyoness, a Korean company, to form a new company called Energizer Holdings. The new company had revenues of $3.8 billion and operated more than 20 factories in five countries. By 2005, Energizer had sold more than 100 million lithium batteries worldwide.
The company's slogan is "The last thing you want to do is turn your charger off." Energizer owns more than 50 percent of the global market for rechargeable batteries and sells more than half of all rechargeable batteries in the world.
Kenneth Lay started Enron in 1985 by combining two natural-gas transportation firms, Houston Natural Gas Corporation and InterNorth, Inc. In 1986, the merging business, HNG InterNorth, was called Enron. In 1990, Enron acquired South Texas Electric Company, which provided electricity to homes and businesses in South Texas.
Kenneth Lay also became the company's first president and chief executive officer. He remained at Enron until 1995, when he resigned to run for governor of Texas. Jeffrey Skilling took his place as CEO.
Enron had many natural gas pipelines all over the United States and Europe when it was forming in 1985. It also had power plants that produced electricity. Enron built its own computers to manage all its activities. This new way of doing business made Enron very successful. By the end of 2000, Enron had annual revenue of $30 billion and it owned markets in energy services, natural gas, oil, pulp, paper, steel, and telecommunications.
Enron's problems began in 1998 when it invested $35 million in a new pipeline project in India. The government denied approval for the project on safety grounds. Enron decided to go ahead with the project anyway. This decision cost Enron millions of dollars because it violated its contract with Indian authorities.
The Energy System. EnerSys is a company that makes and sells industrial batteries. It manufactures and sells reserve power and motive power batteries, chargers, power equipment, and battery accessories to clients, as well as storing energy solutions for industrial applications. The corporation conducts operations in two key industrial sectors: commercial aerospace and defense (CAD), and utility and transportation.
They have several brands including Energizer, Duracell, Rayovac, and OMEGA. Energizer is the leading brand within the CAD industry while Duracell is popular with consumers who use it for portable electronics such as cell phones and laptops. Rayovac and Omega are more specialized at making certain types of batteries such as silver oxide for medical devices or zinc chloride for chemical processes.
EnerSys was founded in 1958 in New York City by six former executives from RCA who were dissatisfied with the management of their corporate charge division. They wanted to create their own company that manufactured its own batteries instead of buying them from other companies. Thus, EnerSys was born. Today, the company is still led by members of its founding family who hold majority voting control. The family consists of three sons, all of whom serve on EnerSys' board of directors. The eldest son serves as president while the others work with him on projects related to marketing, sales, and manufacturing.
The firm was previously known as MLC Holdings, Inc., but it has now changed its name to ePlus, Inc. ePlus.
|Traded as||Nasdaq: PLUS S&P 600 Component|
|Industry||Technology solutions provider|
|Headquarters||Herndon, Virginia, US|