SMC Corporation
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SMC Corporation
is a Japanese TOPIX Large 70 company founded in 1959 as Sintered Metal Corporation, which specializes in pneumatic control engineering to support industrial automation. SMC develops a broad range of control systems and equipment, such as directional control valves, actuators, and air line An air line is a tube, or hose, that contains and carries a compressed air supply. In industrial usage, this may be used to inflate car or bicycle tyres or power tools worked by compressed air, for breathing apparatus in hazardous environments ... equipment, to support diverse applications. SMC's head office is located in Sotokanda, Chiyoda-ku, Tokyo, Japan. The company has a global engineering network, with technical facilities in the United States, Europe and China, as well as Japan. Key production facilities are located in China and Singapore, and local production facilities are in United States, Mexico, Brazil, Europe, India, Korea and Australia. Market regions SMC has 400 ma ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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