LISLE, Ill.--(BUSINESS WIRE)--Molex Incorporated today announced that it has awarded its 2012 Global Distributor of the Year award to Arrow Electronics, Inc. The annual award recognizes outstanding global partners demonstrating sales achievements coupled with operational and management excellence in furthering Molex marketing efforts around the world.
“Arrow Electronics has demonstrated a strong commitment to expanding our relationship over the past year, despite the overall flat global economy,” said Fred Bell, vice president, global distribution, Molex. “A recognized leader in the distribution of electronics for industrial and commercial enterprises, Arrow grew faster in every region of the world than any other global distributor. We are pleased to honor them with our 2012 Global Distributor Awards.”
Responding to the award, Robert Hanley, vice president of global PEMCO marketing for Arrow Electronics, said: “This award signifies the strength of our 14-year partnership with Molex, with excellent communication and collaboration at both the executive and field levels. Our ongoing relationship represents a win for both our organizations, and especially for the customers we serve around the world.”
Headquartered in Englewood, CO, Arrow Electronics, Inc. (www.arrow.com) is a Fortune 150 company serving over 120,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 390 locations in 53 countries. Arrow brings the technology solutions of its suppliers to a broad range of markets, including industrial equipment, information systems, automotive and transportation, aerospace and defense, medical and life sciences, telecommunications and consumer electronics.
Molex global distributors were evaluated based on criteria in three categories, including:
- Financial: Year over year sales growth
- Operational: Inventory, new product support, order coverage and other factors
- Management: Accessibility to management team, training program support, feedback on pricing strategy, etc.
For more information, please visit www.molex.com. To receive information on the full range of Molex products and industry solutions, please sign up for the Molex e-newsletter at www.molex.com/link/register/.
About Molex Incorporated
Providing more than connectors, Molex delivers complete interconnect solutions for a number of markets including data communications, telecommunications, consumer electronics, industrial, automotive, medical, military and lighting. Established in 1938, the company operates 40 manufacturing locations in 16 countries. The Molex website is www.molex.com. Follow us at www.twitter.com/molexconnectors, watch our videos at www.youtube.com/molexconnectors, connect with us at www.facebook.com/molexconnectors and read our blog at www.connector.com.
Molex is a registered trademark of Molex Incorporated