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Corporate Milestones

1968

Ferrofluidics founded for the purpose of developing commercial applications for Ferrofluid.

1970s

Ferrofluidics patents the Ferrofluidic® magnetic liquid seal for rotary applications.

1980

Working with Ferrofluidics, Nippon Ferrofluidics is founded in Tokyo, focused on the import and sales of Computer Seals, Vacuum Seals and Ferrofluid.

1982

Completed Chiba plant (Currently Chiba Technical Center) in Yokaichiba-city, Chiba-prefecture.

1989

Completed Kamaishi plant (Currently Ferrotec Precision Corporation) in Kamaishi-city, Iwate-prefecture.

1992

Established Hangzhou Dahe Thermo-Magnetic Electronics Co., Ltd. in Hangzhou, China, focused on the assembly of Thermoelectric Modules.

1995

Established Shanghai Shenhe Thermo-Magnetic Electronics Co., Ltd. in Shanghai, China, and started producing of Thermoelectic Module material.

The company name is changed to from Nippon Ferrofluidics to Ferrotec Corporation.

1996

Ferrotec is registered on the JASDAQ.

1997

Ferrotec Corporation Singapore Pte, Ltd. is founded.

1998

Established Ferrotec Quartz Corporation in Tokyo.

Separated the Kamaishi plant as Ferrotec Precision Corporation.

1999

Established Hangzhou Dahe Precise Parts Co., Ltd. in Hangzhou. China.

Ferrotec merges with Ferrofluidics Corporation.

2001

Acquired Isawa Tsushin Co., Ltd.

Forms a business alliance with the Komatsu Group. Forms a business alliance with Amerigon Inc. (U.S.)

Relocated the corporate headquarters to Tokyo Chuo-ku.

2002

Acquired Technosilicon Corporation.

2003

Acquired Telan® series of power generation systems from Teledyne Energy Systems.

2004

Acquired Advanced Fluid Systems, Inc. (AFS).

2005

Acquired Nord Co., Ltd. (Russia).

2008

Acquired Sumikin Ceramics.

2010

Acquired Temescal Division of Edwards Vacuum.

Ferrotec Quartz Corporation merged with Ferrotec.

Acquired Integrated Materials, Inc. in USA.

Ferrotec, AQM, and Covalent Materials Corporation established joint venture company Hangzhou Solartec, Co. Ltd in Hangzhou, China.

2011

Established Ferrotec(Ningxia) New Energy Co., Ltd and Ferrotec(Ningxia) Advanced Quartz Material Co., Ltd in Yinchuan, China.