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88. AVX (in NI)

Vice President: Martin McGuigan

Employment: 303

Turnover: £112.6m

Pre-tax profit: N/A

AVX is a US stock market listed company and is a worldwide manufacturer and supplier of passive electronic components and connectors.

It serves a broad range of markets including: computer, telecommunications infrastructure, cellular, industrial, automotive, consumer, military and medical sectors.

The facilities in Europe saw the high demand of the second half of 2010 continue for much of 2011, with a softening in Q4.

Major growth comes from all major sectors, primarily aerospace, satellite, automotive and defence. From a geographical perspective the two strongest regions are Europe and Asia.

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