PHOENIX--(BUSINESS WIRE)--Electronic components distributor Avnet Electronics Marketing Americas, a part of Avnet, Inc. (NYSE: AVT), and TAIYO YUDEN (U.S.A.) INC., a leading manufacturer of surface-mount and leaded passive components, today announced a distribution agreement. Under the pact, Avnet will distribute TAIYO YUDEN’s full line of ceramic capacitors, filters, inductors, high frequency and magnetic components in North and South America.
TAIYO YUDEN utilizes industry leading resources to raise standards and outcomes in research and development, technology, production and distribution to offer customers top-flight solutions worldwide. “We are very impressed by Avnet's leading position in the global distribution market and look to leverage their fulfillment and supply chain expertise to help TAIYO YUDEN enhance service levels while bringing our cutting edge technology products to our customer base in the North and South American markets,” said Hisashi Oi, CEO of TAIYO YUDEN (U.S.A.), INC. “We are excited about the relationship and feel that combining TAIYO YUDEN's product technology with Avnet's logistics services is an ideal way to streamline operations while focusing more resources on developing new business in the Americas.”
“As one of the largest manufacturers of surface-mount capacitors and inductive components, TAIYO YUDEN’s product portfolio is a strong complement to Avnet’s current offerings,” said Pat Wastal, senior vice president of IP&E for Avnet Electronics Marketing. “The agreement will allow us to augment our historical supply chain solutions and position Avnet and TAIYO YUDEN as premier logistics support providers for our customers.”
For more information, please visit: www.em.avnet.com/tyu
About Avnet Electronics Marketing
Avnet Electronics Marketing is an operating group of Phoenix-based Avnet, Inc. (NYSE:AVT), a Fortune 500 company. Avnet Electronics Marketing serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in more than 70 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's Web site is located at http://www.em.avnet.com.
About Avnet
Avnet, Inc. (NYSE:AVT) is one of the largest distributors of electronic components, computer products and technology services and solutions with more than 300 locations serving more than 70 countries worldwide. The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its 100,000 customers, accelerating their growth through cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2007, Avnet generated revenue of $15.68 billion. For more information, visit www.avnet.com.
Avnet Electronics Marketing
Jody Janusch LaRoque, Public Relations, 480-643-2547
jody.janusch@avnet.com