{{Short description|American manufacturing company}} {{more citations needed|date=July 2014}} {{Infobox company | name = Methode Electronics, Inc. | type = Public | traded_as = {{ubl|{{NYSE|MEI}}}} | founded = 1946 | hq_location_city = Southfield, Michigan | hq_location_country = U.S. | area_served = Worldwide | key_people = Jonathan B. DeGaynor (President and CEO) <ref name=MethodeNasdaqProfile>[https://beta.nyse.com/quote/XNYS:MEI/company Methode Electronics : NYSE Profile Page]</ref> | industry = Electronics | products = {{ubl|Electronic components|Sensors & switches|Automotive}} | revenue = {{nowrap| {{decrease}} {{US$|1.0481 billion|link=yes}} (2025)}} | operating_income = {{nowrap| {{increase}} {{US$|(23.9) million}} (2025)}} | net_income = {{nowrap| {{increase}} {{US$|(62.6) million}} (2025)}} | assets = {{nowrap| {{decrease}} {{US$|1.3058 billion}} (2025)}} | equity = {{nowrap| {{decrease}} {{US$|693.3 million}} (2025)}} | num_employees = {{circa|6,500}} (2025) | website = {{URL|methode.com/}} }} '''Methode Electronics''' (NYSE: MEI <ref name=MethodeNYSE>[https://beta.nyse.com/quote/XNYS:MEI Methode Electronics : NYSE (MEI)]</ref><ref name=MethodeNasdaq>[http://www.nasdaq.com/symbol/mei Methode Electronics : Nasdaq ]</ref>) is an American multinational company headquartered in Southfield, Michigan, with engineering, manufacturing and sales operations in more than 35 locations in 14 countries.<ref>[http://www.methode.com/about/locations.html Methode Electronics : Locations]</ref> The company employs around 6,500 people worldwide. ==Acquisitions== In 1962, Methode acquired Carter Precision Electric Co., Inc., expanding its position into automotive controls and switches.<ref>{{cite web |title=History of Methode Electronics |url=https://www.methode.com/company/ |access-date=2026-01-12}}</ref>
In October 2017, Methode acquired Pacific Insight Electronics Corp., a Canada-based designer and manufacturer of automotive and commercial vehicle lighting and electronics. The transaction, valued at approximately US $114 million, expanded Methode’s position with North American OEMs and added development resources and manufacturing capacity in Canada and Mexico.<ref>{{cite web |title=Methode Acquires Pacific Insight Electronics |url=https://ir.methode.com/news/news-details/2017/Methode-Acquires-Pacific-Insight/default.aspx |website=Methode Electronics Investor Relations |access-date=2026-01-12}}</ref>
On August 20, 2018, Methode announced it had entered a definitive agreement to acquire Grakon Parent, Inc., a global supplier of interior and exterior lighting systems, controls, and trim components for commercial vehicle OEMs, including heavy truck, bus, rail, and powersports manufacturers. The acquisition closed later in 2018 at a purchase price of approximately US $420 million, representing Methode’s largest acquisition to date and significantly expanding its footprint in the heavy-duty and specialty vehicle lighting market.<ref>{{cite web |title=Methode Electronics, Inc. Form 8-K/A (Grakon acquisition) |url=https://www.sec.gov/Archives/edgar/data/65270/000006527018000036/0000065270-18-000036-index.htm |website=U.S. Securities and Exchange Commission |access-date=2026-01-12}}</ref>
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Category:Companies listed on the New York Stock Exchange Category:American organizations established in 1946 Category:Electrical connectors Category:Electronics companies