AVX Corp. is looking for acquisition opportunities. President and Chief Executive Officer of AVX, John Gilbertson, said, “The issue today continues to be uncertainty across the board, as our customers are waiting for the next move in the general economy.

The near term is dependent on general macroeconomic concerns and how that plays out. The start to the fourth quarter has been positive to date. We have the financial strength to continue to address our customer needs for electronic solutions in order to create the exciting consumer and industrial products that will drive future growth opportunities.

We will also continue to look for additional acquisition opportunities that will enhance our technology and product portfolio.”