Company Profile
Sensata Technologies
Company Overview
Sensata Technologies (NYSE: ST) is one of the world's leading suppliers of sensing, electrical protection, control and power management solutions. We help satisfy the world’s growing need for safety, energy efficiency and a clean environment. With operations and business centers in 11 countries and sales offices throughout the world, we serve global automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning and ventilation, data, telecommunications, recreational vehicle and marine markets.
We were founded in Massachusetts in 1916 and, today, we are close to a $2 billion business with over 11,000 employees worldwide, including 800 people in mostly engineering, business development and corporate support roles at our U.S. headquarters in Attleboro, MA.
We pride ourselves on being a leading global company with strong, local decision making and innovative, complex products that make a real difference. We have a reputation for unwavering integrity and offer global exposure to world-class talent and significant personal growth and development opportunities.
Company History
Sensata Technologies began as General Plate Company, a business that was founded on April 24, 1916 by Rathbun Willard to provide "gold plate" for the nearby Rhode Island jewelry industry. The start–up was financed with a $50,000 loan from the principals of the Grinnell Company in Providence.
Manufacturing first took place in the cellar of the Bigney Building in Attleboro. Constrained by space, Willard decided to move the company and purchased over 200 acres of land in what was then known as Cat-O-Nine-Tail Swamp. The first building was constructed at 34 Forest Street in 1926.
In 1931, the company merged with Spencer Thermostat Company of Cambridge, Mass. and formed Metals & Controls Corporation. This merger combined the capabilities of metal processing with temperature–sensing control expertise—capabilities that later attracted the attention of Texas Instruments and resulted in the 1959 merger between TI and the former Metals & Controls.
The business began expanding its operations internationally in 1955 when it opened a sales office and small manufacturing plant in Holland. Throughout the 1950s, additional plants were established in several other international locations.
In 1963, Texas Instruments renamed the division Materials & Controls. The business was renamed Sensors & Controls when the Materials business was sold in 2000.
In April, 2006, Texas Instruments sold the business to Bain Capital and Sensor & Controls became a stand-alone entity named Sensata Technologies. In November, 2006, Sensata purchased the First Technology Automotive and Special Products business from Honeywell.
This was followed in March, 2007, by the purchase of SMaL Camera from Cypress Semiconductor. In July, 2007, Sensata acquired Airpax Holdings, Inc. and its four subsidiaries. Sensata sold the former SMaL Camera business to Melexis in 2009. The company completed a successful initial public offering in 2010.
Today, Sensata Technologies is a world leader and early innovator in mission-critical sensors and electrical protection. We have two major global business units with sales offices worldwide and business and manufacturing centers in nine different countries.
Our devices are used in automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air conditioning, data, telecommunications, recreational vehicle and marine applications and help satisfy the world’s growing need for safety, energy efficiency and a clean environment.
From integrated manufacturing to state-of-the-art environmental practices and a full spectrum of technical and analytical services, Sensata Technologies remains committed to helping its customers find leading-edge technology solutions to meet today’s market needs.
Benefits
Benefits
Personal. Flexible. Our benefits make the difference. Sensata benefits and compensation plans offer a world of options for you and your family. An overview of our benefits includes:
Compensation and Benefits
Performance is evaluated, measured, and rewarded at every level. Your base pay is the cornerstone of Sensata’s performance-based compensation package. This package also includes eligibility to participate in Sensata’s Performance Bonus plan. In addition, the value of your total compensation is enhanced with a comprehensive package of health and income protection benefits. Worldwide, Sensata’s total compensation delivery is consistent and competitive with practices in the industries and locations in which it operates.
Employee Stock Purchase Plan
This Plan allows you to participate in the long term growth and success of Sensata Technologies. Employees are able to purchase Sensata stock at a discount off the closing price.
Income Protection
Time–off benefits as well as insurance options to support you in times of injury, illness, or death.
• Paid Holidays and Vacation
• Life Insurance
• Business Travel Accident Insurance
• Short- & Long-Term Disability
• Accidental Death & Dismemberment
Health Excellence
Comprehensive preventive programs designed to keep you healthy:
• Family Fitness & Recreation Centers
• Nutrition Services
• Prenatal Programs
• Financial Services
• Smoking Cessation Program
• Online Health Resource
• Preventive Health Care Programs
• Legal Services
Benefits packages vary by location.