The industrial automation manufacturer saw explosive sales growth in 2Q compared to 1Q.
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Thief River Falls, Minnesota Mayor Brian Holmer proclaimed April 3, 2023 as 'Digi-Key Day in the city of Thief River Falls.'
Midori Precisions develops, manufactures and sells potentiometers, encoders and other electronic components.
The two acquisitions support Auxo's recent purchase of Golden State Supply, another wire and cable manufacturer.
Digi-Key also added over 75,000 new SKUs to its core business unit in 2022.
Avnet's 2Q sales were up 14.5% year-over-year, according to its Feb. 2 earnings announcement.
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.
