Micrometals is a leading manufacturer of passive components in the industry. The company is based in the United States, but is also present in Europe, Asia, and South America. Micrometals is one of the largest companies in the industry with an annual revenue of over $1 billion. The company's products include capacitors, inductors, resistors, reactors, transistors, and transformers. The company focuses on quality and innovation in their products. Micrometals has created new innovations in the industry including the first carbon-composite capacitor, which is stronger than steel and can handle extreme heat and pressure. Micrometals was founded in 1947 when it began to produce its first capacitor for military equipment during World War II. The company has since grown into the largest manufacturer of capacitors with over 100 production facilities worldwide. Micrometals uses automation in production to maintain high levels of efficiency while keeping costs low.