Advanced Energy Industries Inc (NASDAQ:AEIS)

Advanced Energy Industries, Inc. designs, manufactures, sells and supports power conversion products that transform power into various usable forms. Its products enable manufacturing processes that use thin-film deposition for various products, such as semiconductor devices, flat panel displays, solar panels and architectural glass. The company also supplies thermal instrumentation products for advanced temperature control in the thin-film process for these same markets. Its products are used in diverse markets, applications and processes, including the manufacture of capital equipment for semiconductor devices, thin-film applications for solar panels and architectural glass and for other thin-film applications, including flat panel displays, data storage and industrial coatings as well as the residential, commercial and utility-scale solar inverter markets. The company has two business units, Thin Films Deposition Power Conversion & Thermal Instrumentation and Renewable Power Inverters. The Thin Films Deposition Power Conversion & Thermal Instrumentation business unit will principally serves its OEM and end customers in the semiconductor, flat panel display, solar module and other capital equipment markets. The Renewable Power Inverters business unit will focus on residential, commercial and utility-scale solar projects and installations, selling primarily to distributors, engineering, procurement, and construction contractors, developers, and utility companies. Advanced Energy Industries was founded by Douglas S. Schatz in 1981 and is headquartered in Fort Collins, CO.