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id="siteSub" class="noprint">From Wikipedia, the free encyclopedia</div> </div> <div id="contentSub"><div id="mw-content-subtitle"></div></div> <div id="mw-content-text" class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">American electronic component manufacturer</div> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output 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.ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org" style="font-size: 125%;">AVX Corporation</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span typeof="mw:File"><a href="/wiki/File:AVX_Corporation_Logo.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/1/13/AVX_Corporation_Logo.svg/250px-AVX_Corporation_Logo.svg.png" decoding="async" width="200" height="70" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/1/13/AVX_Corporation_Logo.svg/330px-AVX_Corporation_Logo.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/1/13/AVX_Corporation_Logo.svg/500px-AVX_Corporation_Logo.svg.png 2x" data-file-width="1031" data-file-height="359" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Privately_held_company" title="Privately held company">Private</a></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="/wiki/Electronics" title="Electronics">electronics</a></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">1972</td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data adr"><div class="ib-company-locality locality"><a href="/wiki/Greenville,_SC" class="mw-redirect" title="Greenville, SC">Greenville, SC</a></div>, <div class="ib-company-country country-name">United States</div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent">John Sarvis (<a href="/wiki/CEO" class="mw-redirect" title="CEO">CEO</a>) <br /> John Lawing (<a href="/wiki/Chief_technology_officer" title="Chief technology officer">CTO</a>) <br /> Kurt P. Cummings (<a href="/wiki/CFO" class="mw-redirect" title="CFO">CFO</a>)</td></tr><tr><th scope="row" class="infobox-label">Products</th><td class="infobox-data"><a href="/wiki/Capacitor" title="Capacitor">capacitors</a>, <a href="/wiki/Electrical_connectors" class="mw-redirect" title="Electrical connectors">connectors</a><br /><a href="/wiki/Electronic_component" title="Electronic component">electronic components</a> <a href="/wiki/Ceramic_capacitor" title="Ceramic capacitor">Ceramic capacitors</a><br /><a href="/wiki/Varistor" title="Varistor">varistors</a>, <a href="/wiki/Thermistor" title="Thermistor">thermistors</a><br />EMI Filters</td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data">$1,312.661 mil <a href="/wiki/Fiscal_Year" class="mw-redirect" title="Fiscal Year">fy 2017</a><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/20px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/40px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span>9.8%<sup id="cite_ref-tenreport_1-0" class="reference"><a href="#cite_note-tenreport-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data">$125.785 mil <a href="/wiki/Fiscal_Year" class="mw-redirect" title="Fiscal Year">fy 2017</a><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/20px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/40px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span>23.8%<sup id="cite_ref-tenreport_1-1" class="reference"><a href="#cite_note-tenreport-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><span class="nowrap"><a href="/wiki/Asset" title="Asset">Total assets</a></span></th><td class="infobox-data">$2,477.413 mil <span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/20px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/40px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span>2.8%<sup id="cite_ref-tenreport_1-2" class="reference"><a href="#cite_note-tenreport-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">10,800 (March 2017)</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Parent_company" class="mw-redirect" title="Parent company">Parent</a></th><td class="infobox-data"><a href="/wiki/Kyocera" title="Kyocera">Kyocera</a></td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Division_(business)" title="Division (business)">Divisions</a></th><td class="infobox-data">Passive Components<br />KED Resale<br />AVX Interconnect (a.k.a. Elco)</td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="http://www.avx.com">www<wbr />.avx<wbr />.com</a></span></td></tr></tbody></table> <p><b>AVX Corporation</b> is an American manufacturer of <a href="/wiki/Electronic_component" title="Electronic component">electronic components</a> headquartered in <a href="/wiki/Fountain_Inn,_South_Carolina" title="Fountain Inn, South Carolina">Fountain Inn, South Carolina</a>. It is the largest industrial employer in <a href="/wiki/Horry_County,_South_Carolina" title="Horry County, South Carolina">Horry County, South Carolina</a>, with almost 1000 workers in <a href="/wiki/Myrtle_Beach,_South_Carolina" title="Myrtle Beach, South Carolina">Myrtle Beach</a> and <a href="/wiki/Conway,_South_Carolina" title="Conway, South Carolina">Conway</a>.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> AVX has 9,900 employees and operates in the United States, <a href="/wiki/Europe" title="Europe">Europe</a> and <a href="/wiki/Asia" title="Asia">Asia</a>. AVX is a subsidiary of <a href="/wiki/Kyocera" title="Kyocera">Kyocera Electronics Corporation</a>.<sup id="cite_ref-hoover_3-0" class="reference"><a href="#cite_note-hoover-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> </p><p>2012 sales were $1.545 billion.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> Capital expenditure for the year 2010 was at a five-year low of $28.888 million 34.6% lower than the year before and sixty percent less than in 2008, earnings per share grew 78.7% even though total sales fell (although revenue grew with each successive quarter since April 2009)<sup id="cite_ref-tenreport_1-3" class="reference"><a href="#cite_note-tenreport-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p><p>As of October 1, 2021, the company changed their name to KYOCERA AVX Components Corporation and will use the KYOCERA AVX as the business brand.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Products">Products</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=AVX_Corporation&action=edit&section=1" title="Edit section: Products"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>AVX has three business units. Passive Components includes electrical components for <a href="/wiki/Vehicle_brake" class="mw-redirect" title="Vehicle brake">automotive braking</a>, <a href="/wiki/Cell_phone" class="mw-redirect" title="Cell phone">cell phones</a>, <a href="/wiki/Copier" class="mw-redirect" title="Copier">copiers</a>, <a href="/wiki/Hearing_aid" title="Hearing aid">hearing aids</a>, and <a href="/wiki/Locomotive" title="Locomotive">locomotives</a>. KED Resale sells Kyocera products including <a href="/wiki/Ceramic_capacitor" title="Ceramic capacitor">ceramic</a> and <a href="/wiki/Tantalum_capacitor" title="Tantalum capacitor">tantalum capacitors</a>. <a href="/wiki/Electrical_connectors" class="mw-redirect" title="Electrical connectors">Connectors</a> are used in the <a href="/wiki/Automotive_industry" title="Automotive industry">automotive</a> and <a href="/wiki/Medicine" title="Medicine">medical</a> industries.<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> </p><p>Major customers of AVX include <a href="/wiki/Motorola" title="Motorola">Motorola</a>, <a href="/wiki/Nokia" title="Nokia">Nokia</a> and <a href="/wiki/Robert_Bosch_GmbH" class="mw-redirect" title="Robert Bosch GmbH">Robert Bosch GmbH</a>. </p><p>As of 2011, nearly half of the company's sales are made in Asia.<sup id="cite_ref-web.archive.org_s179_7-0" class="reference"><a href="#cite_note-web.archive.org_s179-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> </p> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:Logo_of_Aerovox_Corporation.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d8/Logo_of_Aerovox_Corporation.svg/250px-Logo_of_Aerovox_Corporation.svg.png" decoding="async" width="220" height="93" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d8/Logo_of_Aerovox_Corporation.svg/330px-Logo_of_Aerovox_Corporation.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d8/Logo_of_Aerovox_Corporation.svg/500px-Logo_of_Aerovox_Corporation.svg.png 2x" data-file-width="512" data-file-height="216" /></a><figcaption>The logo of Aerovox Corporation</figcaption></figure> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=AVX_Corporation&action=edit&section=2" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>AVX began in 1972 making ceramic capacitors as a subsidiary of Aerovox Corporation, a company founded in 1922 as Radiola Wireless Corporation, which made radios. In June 1973, AVX became the parent company when assets of Aerovox were sold. That same year, Marshall D. Butler, who played a major role in the company's growth, became chairman and <a href="/wiki/CEO" class="mw-redirect" title="CEO">CEO</a>. </p><p>Butler had cofounded Alloys Unlimited Inc. in 1957, which was sold to London-based <a href="/wiki/Plessey" title="Plessey">Plessey Co.</a> in 1970; Butler stayed for several years as president of the Plessey subsidiary. With his experience in the <a href="/wiki/Semiconductor" title="Semiconductor">semiconductor</a> field, Butler decided AVX should emphasize multilayer ceramic capacitors (MLCCs), used in the rapidly expanding <a href="/wiki/Integrated_circuit" title="Integrated circuit">integrated circuit</a> field. Butler sold two other divisions and started a five-year plan. The company's $20 million investment and careful analysis of the market resulted in 1979 sales of $95 million and dominance of the market; the goal, based on 30 percent annual growth, had been $83 million. </p><p>AVX added operations in Europe, but moving into Japan proved more difficult because of Japan's protected home market. The company's license would not let it sell in Japan, but Kyocera Corporation could sell its products in the United States. Kyocera CEO <a href="/wiki/Kazuo_Inamori" title="Kazuo Inamori">Kazuo Inamori</a> agreed with Butler that the situation needed to be changed, and Kyocera ended the unfair provision. In 1979 AVX started a Japanese subsidiary. </p><p>During the 1980s, growth continued, with 1984 sales reaching $234 million. But that year, it became clear that <a href="/wiki/Computer" title="Computer">computer</a> manufacturers had bought more capacitors than needed, and a slowdown began in the industry. AVX continued to grow through new product research and buying other companies. By the end of the decade sales reached $450 million. </p><p>In the late 1980s, the European operations of AVX represented one-fourth of sales. AVX wanted to manufacture parts for Kyocera, which had only 2 percent of its sales in Europe and hoped to increase that before the <a href="/wiki/European_Community" class="mw-redirect" title="European Community">European Community</a> made that more difficult. Inamori wanted to buy AVX rather than partner with the company. After a $267 million <a href="/wiki/Stock" title="Stock">stock</a> purchase, AVX has operated as part of Kyocera Corp. since January 18, 1990. </p><p>Butler retired as CEO in 1993 but remained on the <a href="/wiki/Board_of_directors" title="Board of directors">board of directors</a>. Benedict P. Rosen, an employee since the company's start, became the new CEO. By 1995, sales reached almost $1 billion after significant growth for <a href="/wiki/Personal_computer" title="Personal computer">personal computers</a> and cell phones. At the same time, the automotive, <a href="/wiki/Home_appliance" title="Home appliance">home appliance</a> and medical industries needed electronic components, and advanced electronic systems needed capacitors as well. AVX also sold Kyocera products worldwide and helped the company start operations in Mexico and <a href="/wiki/Indonesia" title="Indonesia">Indonesia</a>. Kyocera helped AVX start manufacturing connectors. </p><p>In 1995, Kyocera sold one-fourth of AVX for $557 million, which more than returned the company's investment in AVX, even though Kyocera still owned three-fourths of the company. AVX used the money to enter the connector business and increase its manufacturing of ceramic and tantalum capacitors. </p><p>The boom in the capacitor industry once again proved temporary, after customers bought more products than they needed. But in 1998, personal computers and cell phones contributed to more growth, as did newer electronics in cars. At the same time, material prices went up, and an <a href="/wiki/1997_Asian_Financial_Crisis" class="mw-redirect" title="1997 Asian Financial Crisis">Asian currency crisis</a> added to AVX's troubles. Layoffs resulted, but by 2000 the company was doing well again, adding operations in <a href="/wiki/El_Salvador" title="El Salvador">El Salvador</a> and the <a href="/wiki/Czech_Republic" title="Czech Republic">Czech Republic</a> (Lanškroun). </p><p>By the end of fiscal 2001, AVX had 26 plants in 12 countries, 21,000 employees, and sales of $2.6 billion. But a <a href="/wiki/Early_2000s_recession" title="Early 2000s recession">recession</a> put an end to the good times, and revenues dropped to $1.25 billion; employee numbers totalled 12,500. Production moved to the Czech Republic in the late 1990s and China from 2005 onwards. </p><p>The industry situation appeared to improve by 2004, though AVX still lost money.<sup id="cite_ref-history_8-0" class="reference"><a href="#cite_note-history-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-9" class="reference"><a href="#cite_note-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> </p><p>In April 2009 the company decided to close a number of its smaller worldwide factories including its flagship manufacturing plant in <a href="/wiki/Paignton" title="Paignton">Paignton</a>, England following the credit crunch in an effort to reduce costs and remain financially viable for shareholders. </p><p>On December 3, 2009, AVX announced it would move corporate headquarters to <a href="/wiki/Greenville,_South_Carolina" title="Greenville, South Carolina">Greenville, South Carolina</a>, with about 150 jobs leaving the Myrtle Beach area. The company planned no change to manufacturing in Conway and Myrtle Beach.<sup id="cite_ref-10" class="reference"><a href="#cite_note-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> </p><p>In 2011, AVX announced plans to tear down the original Myrtle Beach plant built in 1949 and updated in 1985, with manufacturing operations continuing at a nearby location on the same land.<sup id="cite_ref-Delay_11-0" class="reference"><a href="#cite_note-Delay-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> The demolition took place in 2015.<sup id="cite_ref-Perry_12-0" class="reference"><a href="#cite_note-Perry-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> </p><p>In 2018, AVX closed an electronic component manufacturing plant in <a href="/wiki/Olean,_New_York" title="Olean, New York">Olean, New York</a>.<sup id="cite_ref-Clark_Herald_2018_s257_13-0" class="reference"><a href="#cite_note-Clark_Herald_2018_s257-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> The plant has been on the EPA <a href="/wiki/Superfund" title="Superfund">Superfund</a> site list since the early 1980s. It is the suspected source of a plume of <a href="/wiki/Trichloroethylene" title="Trichloroethylene">trichloroethylene</a> (TCE) that leached into the East Olean aquifer.<sup id="cite_ref-Miller_Herald_2018_v899_14-0" class="reference"><a href="#cite_note-Miller_Herald_2018_v899-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Litigation">Litigation</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=AVX_Corporation&action=edit&section=3" title="Edit section: Litigation"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In 2007, <a href="/wiki/Myrtle_Beach" class="mw-redirect" title="Myrtle Beach">Myrtle Beach</a> property owners near the AVX plant filed suit, claiming <a href="/wiki/Trichloroethylene" title="Trichloroethylene">trichloroethylene</a> (TCE) used at the plant until the 1980s has polluted their neighborhood and lowered property values. Another lawsuit claimed the pollution had stopped a <a href="/wiki/Condominium_(living_space)" class="mw-redirect" title="Condominium (living space)">condominium</a> development in the area. A consultant for one of the land owners, Horry Land Co., discovered the pollution in 2006 while doing environmental testing prior to development of a portion of the land. In 2009, AVX claimed <a href="/wiki/Myrtle_Beach_Air_Force_Base" title="Myrtle Beach Air Force Base">Myrtle Beach Air Force Base</a> caused at least part of the pollution, and the company added the <a href="/wiki/United_States_Air_Force" title="United States Air Force">Air Force</a> to one of several lawsuits. A geologist for AVX claims the pollution could be cleaned up in five years and Horry Land is not entitled to compensation, while the consultant for Horry Land claims there is no way to tell how long cleanup will take, since AVX has been trying to clean up its own pollution for 28 years.<sup id="cite_ref-Wren_15-0" class="reference"><a href="#cite_note-Wren-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> </p><p>On February 22, 2010, U.S. District Court Judge Terry Wooten ruled that evidence in the Horry Land suit showed the plaintiffs were entitled to a trial.<sup id="cite_ref-Wren_15-1" class="reference"><a href="#cite_note-Wren-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> On February 23, 2011, the trial began in <a href="/wiki/Florence,_South_Carolina" title="Florence, South Carolina">Florence, South Carolina</a>.<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> In May 2011, Wooten ruled that AVX caused the pollution, and county property records show that AVX purchased 21.5 acres of <a href="/wiki/Contaminated_land" title="Contaminated land">contaminated land</a> for $4.6 million.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Agree_18-0" class="reference"><a href="#cite_note-Agree-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> </p><p>AVX appealed Wooten's 2011 decision on whether the Air Force should help with the cost of cleanup. <a href="/wiki/South_Carolina_Department_of_Health_and_Environmental_Control" title="South Carolina Department of Health and Environmental Control">S.C. DHEC</a> stated in a March 13, 2012 letter that pollution in some areas came from AVX, but in one area another source was responsible. AVX argued that the government's expert, who said groundwater from the base flowed away from the polluted areas, was not qualified to testify about groundwater. The findings could influence an upcoming <a href="/wiki/Class-action_lawsuit" class="mw-redirect" title="Class-action lawsuit">class-action lawsuit</a> by property owners.<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup> </p><p>On October 25, 2012, <i><a href="/wiki/The_Sun_News" title="The Sun News">The Sun News</a></i> reported that a panel of federal appeals court judges had indicated that they would not overturn a lower court's ruling, thereby granting the electronics components manufacturer a new trial on its groundwater contamination case. AVX claimed that Wooten made a legal error in its 2011 trial by allowing an unqualified expert witness to testify.<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup> </p><p>On July 22, 2013, a jury was selected for the second of three lawsuits regarding pollution on land owned by JDS Development of Myrtle Beach LLC, which asked for damages and lost income from condominiums that were never built. AVX counters that the <a href="/wiki/Great_Recession_in_the_United_States" title="Great Recession in the United States">economic downturn</a> caused the failure of the Southern Pines project, and blames the Air Force for part of the pollution. The suit was filed in 2008 and the trial was scheduled for 2012, but insufficient jurors led to a delay.<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup> The jury awarded $500,000 in actual damages and $250,000 in punitive damages to JDS, but AVX wanted that amount reduced to no more than $397,500, claiming JDS did not provide "expert testimony" to support its views, or evidence Southern Pines would have been a success.<sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> </p><p>On October 8, 2014, it was announced that AVX agreed to pay $1.2 million to the owners of 42 properties with TCE contamination. Property owners still needed to approve the settlement, which attorney Gene Connell called "reasonable". The agreement would mean the dismissal of a class-action suit filed nearly seven years earlier.<sup id="cite_ref-Agree_18-1" class="reference"><a href="#cite_note-Agree-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> </p><p>Documents filed August 5, 2015 show that property owners could sue AVX after a majority of the S.C. Supreme Court reversed a decision by Circuit Court Judge Benjamin Culbertson to dismiss their case. The ruling allows the determination of whether the facts of the case will result in a "stigma damages" policy.<sup id="cite_ref-Perry_12-1" class="reference"><a href="#cite_note-Perry-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=AVX_Corporation&action=edit&section=4" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-tenreport-1"><span class="mw-cite-backlink">^ <a href="#cite_ref-tenreport_1-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-tenreport_1-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-tenreport_1-2"><sup><i><b>c</b></i></sup></a> <a href="#cite_ref-tenreport_1-3"><sup><i><b>d</b></i></sup></a></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://investorrelations.avx.com/sites/avx.investorhq.businesswire.com/files/doc_library/file/FY17_10-K.pdf">"AVX Corp 2017 fiscal year SEC 10-K report"</a> <span class="cs1-format">(PDF)</span>. 2010-06-09.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=AVX+Corp+2017+fiscal+year+SEC+10-K+report&rft.date=2010-06-09&rft_id=http%3A%2F%2Finvestorrelations.avx.com%2Fsites%2Favx.investorhq.businesswire.com%2Ffiles%2Fdoc_library%2Ffile%2FFY17_10-K.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAVX+Corporation" class="Z3988"></span></span> </li> <li 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Retrieved <span class="nowrap">2009-12-09</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Sun+News&rft.atitle=Myrtle+Beach+economy+takes+hit+with+AVX+move&rft.date=2009-12-04&rft.aulast=Saldinger&rft.aufirst=Adva&rft.au=Lauer%2C+Claudia&rft.au=Newton%2C+Monique&rft_id=http%3A%2F%2Fwww.thesunnews.com%2F155%2Fstory%2F1198311.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAVX+Corporation" class="Z3988"></span> <sup class="noprint Inline-Template"><span style="white-space: nowrap;">[<i><a href="/wiki/Wikipedia:Link_rot" title="Wikipedia:Link rot"><span title=" Dead link tagged October 2010">dead link</span></a></i><span style="visibility:hidden; color:transparent; padding-left:2px">‍</span>]</span></sup></span> </li> <li id="cite_note-hoover-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-hoover_3-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.hoovers.com/company/AVX_Corporation/ccfxyi-1.html?PAGE=1">"AVX Corporation - Company Profile from Hoover's"</a><span class="reference-accessdate">. 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Retrieved <span class="nowrap">2009-12-09</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=AVX+Corporation+%28AVX%29+Company+Profile&rft.pub=corporateinformation.com&rft_id=http%3A%2F%2Fwww.corporateinformation.com%2FCompany-Snapshot.aspx%3Fcusip%3D002444107&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAVX+Corporation" class="Z3988"></span></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://global.kyocera.com/news/2021/1001_plmn.html">"AVX, a US Subsidiary of KYOCERA, to Change its Name to "KYOCERA AVX Components Corporation"<span class="cs1-kern-right"></span>"</a>. 2021-10-01<span class="reference-accessdate">. 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Archived from <a rel="nofollow" class="external text" href="http://www.hoovers.com/company/AVX_Corporation/ccfxyi-1.html?PAGE=1">the original</a> on 2011-06-07<span class="reference-accessdate">. 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Archived from <a rel="nofollow" class="external text" href="http://www.thesunnews.com/2011/02/26/2004376/experts-testify-in-avx-case.html">the original</a> on 2011-07-17<span class="reference-accessdate">. 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"State agency says AVX responsible for some – but not all – pollution in south Myrtle Beach". <i>The Sun News</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Sun+News&rft.atitle=State+agency+says+AVX+responsible+for+some+%E2%80%93+but+not+all+%E2%80%93+pollution+in+south+Myrtle+Beach&rft.date=2012-03-23&rft.aulast=Wren&rft.aufirst=David&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAVX+Corporation" class="Z3988"></span></span> </li> <li id="cite_note-20"><span class="mw-cite-backlink"><b><a href="#cite_ref-20">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite id="CITEREFWren2012" class="citation news cs1">Wren, David (2012-04-17). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20120420041243/http://www.myrtlebeachonline.com/2012/04/17/2779386/us-government-avx-has-no-basis.html">"U.S. government: AVX has no basis for pollution appeal"</a>. <i>The Sun News</i>. Archived from <a rel="nofollow" class="external text" href="http://www.myrtlebeachonline.com/2012/04/17/2779386/us-government-avx-has-no-basis.html">the original</a> on 2012-04-20<span class="reference-accessdate">. Retrieved <span class="nowrap">2012-04-18</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Sun+News&rft.atitle=U.S.+government%3A+AVX+has+no+basis+for+pollution+appeal&rft.date=2012-04-17&rft.aulast=Wren&rft.aufirst=David&rft_id=http%3A%2F%2Fwww.myrtlebeachonline.com%2F2012%2F04%2F17%2F2779386%2Fus-government-avx-has-no-basis.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAVX+Corporation" class="Z3988"></span></span> </li> <li id="cite_note-21"><span class="mw-cite-backlink"><b><a href="#cite_ref-21">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite id="CITEREFWren2012" class="citation news cs1">Wren, David (2012-10-26). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20121028184945/http://www.myrtlebeachonline.com/2012/10/25/3135126/federal-judges-question-validity.html">"Federal judges question validity of AVX appeal in Myrtle Beach contamination case"</a>. <i>The Sun News</i>. Archived from <a rel="nofollow" class="external text" href="http://www.myrtlebeachonline.com/2012/10/25/3135126/federal-judges-question-validity.html">the original</a> on 2012-10-28<span class="reference-accessdate">. Retrieved <span class="nowrap">2012-10-25</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Sun+News&rft.atitle=Federal+judges+question+validity+of+AVX+appeal+in+Myrtle+Beach+contamination+case&rft.date=2012-10-26&rft.aulast=Wren&rft.aufirst=David&rft_id=http%3A%2F%2Fwww.myrtlebeachonline.com%2F2012%2F10%2F25%2F3135126%2Ffederal-judges-question-validity.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAVX+Corporation" class="Z3988"></span></span> </li> <li id="cite_note-22"><span class="mw-cite-backlink"><b><a href="#cite_ref-22">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite id="CITEREFWren2013" class="citation news cs1">Wren, David (2013-07-22). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20130921054442/http://www.myrtlebeachonline.com/2013/07/22/3599285/jury-selected-for-myrtle-beach.html">"Jury selected for Myrtle Beach groundwater pollution trial"</a>. <i>The Sun News</i>. Archived from <a rel="nofollow" class="external text" href="http://www.myrtlebeachonline.com/2013/07/22/3599285/jury-selected-for-myrtle-beach.html">the original</a> on 2013-09-21<span class="reference-accessdate">. Retrieved <span class="nowrap">2013-07-23</span></span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Sun+News&rft.atitle=Jury+selected+for+Myrtle+Beach+groundwater+pollution+trial&rft.date=2013-07-22&rft.aulast=Wren&rft.aufirst=David&rft_id=http%3A%2F%2Fwww.myrtlebeachonline.com%2F2013%2F07%2F22%2F3599285%2Fjury-selected-for-myrtle-beach.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAVX+Corporation" class="Z3988"></span></span> </li> <li id="cite_note-23"><span class="mw-cite-backlink"><b><a href="#cite_ref-23">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite id="CITEREFWren2013" class="citation news cs1">Wren, David (2013-08-15). "AVX wants judge to eliminate jury's award in Myrtle Beach pollution case". <i>The Sun News</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=The+Sun+News&rft.atitle=AVX+wants+judge+to+eliminate+jury%27s+award+in+Myrtle+Beach+pollution+case&rft.date=2013-08-15&rft.aulast=Wren&rft.aufirst=David&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAVX+Corporation" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=AVX_Corporation&action=edit&section=5" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="http://www.avx.com/">Company website</a></li></ul> <div class="navbox-styles"><style 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navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:8.5em">Current</th><td class="navbox-list-with-group navbox-list navbox-odd" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a class="mw-selflink selflink">AVX Corporation</a></li> <li><a href="/wiki/Kyocera_Communications" title="Kyocera Communications">Kyocera Communications</a></li> <li><a href="/wiki/Kyocera_Unimerco" class="mw-redirect" title="Kyocera Unimerco">Kyocera Unimerco</a></li> <li><a href="/wiki/Triumph-Adler" title="Triumph-Adler">Triumph-Adler</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:8.5em">Former</th><td class="navbox-list-with-group navbox-list navbox-even" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Contax" title="Contax">Contax</a></li> <li><a href="/wiki/KLH_(company)" title="KLH (company)">KLH</a></li> <li><a href="/wiki/Taito" title="Taito">Taito</a></li> <li><a href="/wiki/Yashica" title="Yashica">Yashica</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Products and<br />services</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:8.5em">Mobile phones</th><td class="navbox-list-with-group navbox-list navbox-odd" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Kyocera_6035" title="Kyocera 6035">6035</a></li> <li><a href="/wiki/Kyocera_C4700" title="Kyocera C4700">C4700</a></li> <li><a href="/wiki/Kyocera_E3100" title="Kyocera E3100">E3100</a></li> <li><a href="/wiki/Kyocera_Echo" title="Kyocera Echo">Echo</a></li> <li><a href="/wiki/Kyocera_Hydro" title="Kyocera Hydro">Kyocera Hydro</a></li> <li><a href="/wiki/Kyocera_K127" title="Kyocera K127">K127</a></li> <li><a href="/wiki/Kyocera_KX16" title="Kyocera KX16">KX16</a></li> <li><a href="/wiki/Kyocera_KX414_(Phantom)" title="Kyocera KX414 (Phantom)">KX414</a></li> <li><a href="/wiki/Kyocera_Slider_Sonic" title="Kyocera Slider Sonic">Slider Sonic</a></li> <li><a href="/wiki/Kyocera_Strobe" title="Kyocera Strobe">Strobe</a></li> <li><a href="/wiki/Kyocera_Zio" title="Kyocera Zio">Zio</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:8.5em">Other</th><td class="navbox-list-with-group navbox-list navbox-even" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Contax_G" title="Contax G">Contax G</a></li> <li><a href="/wiki/Contax_i4R" title="Contax i4R">Contax i4R</a></li> <li><a href="/wiki/TRS-80_Model_100" title="TRS-80 Model 100">TRS-80 Model 100</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Kazuo_Inamori" title="Kazuo Inamori">Kazuo Inamori</a></li> <li><a href="/wiki/Kyocera_Inamori_Classic" title="Kyocera Inamori Classic">Kyocera Inamori Classic</a></li> <li><a href="/wiki/Cars_Jeans_Stadion" class="mw-redirect" title="Cars Jeans Stadion">Kyocera Stadion</a></li> <li><a href="/wiki/Yasuo_Nishiguchi" title="Yasuo Nishiguchi">Yasuo Nishiguchi</a></li></ul> </div></td></tr><tr><td class="navbox-abovebelow" colspan="2"><div> <ul><li><span class="noviewer" typeof="mw:File"><span title="Category"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/16px-Symbol_category_class.svg.png" decoding="async" width="16" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/23px-Symbol_category_class.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/9/96/Symbol_category_class.svg/31px-Symbol_category_class.svg.png 2x" data-file-width="180" data-file-height="185" /></span></span> <b><a href="/wiki/Category:Kyocera" title="Category:Kyocera">Category</a></b></li> <li><span class="noviewer" typeof="mw:File"><span title="Commons page"><img alt="" src="//upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/20px-Commons-logo.svg.png" decoding="async" width="12" height="16" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/4/4a/Commons-logo.svg/40px-Commons-logo.svg.png 2x" data-file-width="1024" data-file-height="1376" /></span></span> <b><a href="https://commons.wikimedia.org/wiki/Category:Kyocera" class="extiw" title="commons:Category:Kyocera">Commons</a></b></li></ul> </div></td></tr></tbody></table></div> <div class="navbox-styles"><link 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control databases</a> <span class="mw-valign-text-top noprint" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q4655072#identifiers" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" src="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/10px-OOjs_UI_icon_edit-ltr-progressive.svg.png" decoding="async" width="10" height="10" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/15px-OOjs_UI_icon_edit-ltr-progressive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png 2x" data-file-width="20" data-file-height="20" /></a></span></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">International</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"><ul><li><span class="uid"><a 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