Avnet, Inc. (Nasdaq: AVT) today announced results for its third quarter ended April 2, 2022. Commenting on the company’s financial results, Avnet Chief Executive Officer Phil Gallagher stated, “We are pleased to report another strong quarter of sales and operating margin growth. Farnell achieved record operating margin as our continued investments in inventory breadth and…
Mouser Electronics, Inc., the authorized global distributor with the newest semiconductors and electronic components, is an authorized global distributor of solutions from Phoenix Contact. With over 20,900 Phoenix Contact products in stock, Mouser offers an ever-widening selection of the company’s newest sensors, controllers, modular terminal blocks, splash-proof machinery connectors, wireless Ethernet products, and more, constantly adding…
Galco Industrial Electronics (Galco), a global distributor of industrial electronic components, celebrated the grand opening of its new distribution center in Madison Heights, Mich. “In 2021 Galco experienced massive growth while combatting continuous supply chain issues and delays,” said Allison Sabia, President and CEO of Galco. “Our new warehouse will allow us to find solutions…
China’s lockdown of Shanghai was supposed to be short-lived. As the country remains steadfast in its Covid-19 zero-tolerance policy, disruption to the global supply chain continues to build. As of April 25, the prospect of lockdowns in Beijing increased as the nation tracked a Covid-19 outbreak that may have been spreading in the capital for…