Avnet Celebrates 100 Many years of Accelerating Know-how and Distribution | Business enterprise News

This milestone represents a century of transformation and resilience, and Avnet’s Centennial Central website celebrates the people, values and basis that have helped the company prosper over its 100-yr history.

“Congratulations to the workers, leaders, companions, shareholders and customers who have served the business reach this landmark anniversary. Your talent, relationships and revolutionary spirit will assist us further more drive technological know-how forward in the future century,” said Phil Gallagher, CEO. “Less than one percent of U.S.-centered firms attain this milestone. We are honored to join the elite group of providers that have designed it to their centennial. In one hundred many years, Avnet has long gone from a tiny elements shop to a worldwide distributor and solutions provider firmly set at the middle of the technological know-how value chain. These previous hundred many years have been driven by generations of workforce who keep on to shape and remodel Avnet to meet up with new sector problems and provide environment-changing engineering solutions to our buyers and suppliers.”

During the several years, Avnet embarked on a constant transformation alongside the at any time-evolving technological know-how current market. Resiliency, adaptability and execution have been crucial as Avnet carries on to help its customers and accelerate technological growth through its knowledge in elements distribution and deep awareness of the global offer chain. Nowadays, Avnet is constantly strengthening and evolving its main enterprise, taking care of the complicated world wide setting with diverse revenue streams that drive prime-line progress while continuing to innovate and accelerate our differentiated abilities these kinds of as electronic, Avnet Integrated and IoT alternatives. The organization carries on to enable supplier associates deploy their systems to meet close customers’ demands. Avnet is rated #169 on the FORTUNE 500, #579 on the Forbes World-wide 2000, and has been named one particular of Ethisphere’s Most Moral Companies for 7 consecutive several years.