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Fortune 500 - Spot Number 207
Company Information
Name: Arrow Electronics, Inc.
Industry: Electronic Instr. & Controls
Description: Arrow Electronics, Inc. is one of the world's largest distributors of electronic components and computer products to industrial and commercial customers. Arrow distributes a broad range of electronic components, computer products, and related equipment. Approximately 64% of the Company's consolidated sales are comprised of semiconductor products; industrial and commercial computer products, including servers, workstations, storage products, microcomputer boards and systems, design systems, desktop computer systems, terminals, printers, controllers, and communication control equipment, account for about 20%; and the remaining sales are of passive, electromechanical, and interconnect products, principally capacitors, resistors, potentiometers, power supplies, relays, switches, and connectors.
Financial Summary: ARW is a distributor of electronic components and computer products to industrial and commercial customers through a global distribution network spanning Europe, North America, and Asia. For the 6 months ended 7/1/05, sales rose 4% to $5.49B. Net income rose 20% to $115.6M. Results reflect increased worldwide components sales, higher demand for its computer products, decreased depreciation expense and reduced interest expenses.
Business Summary: Arrow Electronics, Inc. (Arrow) is a global provider of products, services and solutions to industrial and commercial users of electronic components and computer products. It operates in two business segments, such as Electronic components and Computer products. Arrow serves as a supply channel partner for nearly 600 suppliers and 150,000 original equipment manufacturers (OEMs), contract manufacturers (CMs) and commercial customers. The Company maintains nearly 225 sales facilities and 15 distribution centers in 53 countries and territories. The Company and its affiliates serve nearly 150,000 industrial and commercial customers. Industrial customers range from OEMs and CMs to small-engineering firms, while commercial customers include primarily value-added resellers (VARs) and OEMs. No single customer accounted for more than 2% of the Company's consolidated sales during the year ended December 31, 2004.
Misc Details
Symbol: ARW
City: Melville
State: NY
ZIP Code: 11747
Address: 50 Marcus Drive
Phone: 631-847-2000
Fax: 631-847-2222
Website: http://www.arrow.com
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