Avnet's 2Q sales were up 14.5% year-over-year, according to its Feb. 2 earnings announcement.
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The merger is effective Jan. 1, 2023, and ICS’s staff will remain intact following the acquisition.
Jose Munoz held several positions with AMETEK prior to his promotion.
RS Group's chief services officer will act as president of Allied in the interim.
Ken Jacobson, who served as interim CFO in 2017-18, takes over financial leadership for the electronics distribution giant.
Digi-Key now offers a wide selection of Schneider Electric’s power, automation and control, and sensor products.
It makes Galco the first and only global supplier of IMO products online, which include mini circuit breakers, AC drives, PLCs, HMIs and more.
The company said the 2.2-million-square-foot expansion allows it to pick, pack and ship nearly three times the previous daily average of packages.
Our long-awaited annual rundown of the top distributors across 17 industrial, construction and commercial products sectors is available to view and download.
The rapidly-growing distributor suddenly has a strong foothold in OEM home products after acquiring Emcompass Supply Chain Solutions.
MDM’s new report, Markets Forecast, offers quarterly revenue projections for the wholesale distribution industry, plus breakouts for select categories, for the current calendar quarter and the next fiscal year. The inaugural Forecast looks at post-pandemic projections for distributors as a whole, plus specific sectors.
MDM’s quarterly survey in partnership with investment banking firm Baird reveals that distributor revenues decelerated sharply in 2Q but not as bad as feared at the beginning of the pandemic shutdown. One consensus among more than 550 participants: Distributors began rethinking the way they manage talent.
Management from both companies have started working together to offer superior services to customers and partners across France.
Global sales of electronic components and solutions increased 5.3%.
Year-to-date sales were up 6.6% year-over-year.
The center is segmented into supported technologies across a full range of passive, electromechanical, connection systems, high voltage and sensors.
MaryAnn Miller and Ken Arnold take on new roles in Avnets Leadership Team.
Company leaders ring closing bell to celebrate 40th anniversary of its listing on the New York Stock Exchange.
Year-to-date sales were up 10.3 percent year-over-year.
Software and Artificial Intelligence firm adds to Avnets IoT service offering.
