Manpower Inc. - The McGraw-Hill Companies - Qwest Communications - ALLTEL Corporation - Sanmina-SCI Corporation
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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 217
Company Information
Name: Avnet, Inc.
Industry: Electronic Instr. & Controls
Description: Avnet Electronics Marketing is the largest operating group of Phoenix-based Avnet Inc., a Fortune 500 company with sales of $12.8 billion in fiscal year 2001 (year ended June 30, 2001). One of the world's largest technology marketing and services companies, Avnet Electronics Marketing distributes semiconductors, interconnect, passive and electromechanical components from leading manufacturers.
Financial Summary: Avnet distributes B2B semiconductors, interconnect, passive & electromechanical compenents, enterprise network & computer equipment & embedded subsystems. For the FY ended 7/02/05, sales rose 8% to $11.07B. Net income totaled $168.2M, up from $72.9M. Revenues reflect rise in Electronics Marketing & Technology Solutions segments. Higher net income reflects absence of restructuring charge, lower interest expense & higher operating margins.
Business Summary: Avnet, Inc. (Avnet) is an industrial distributor of electronic components, enterprise network and computer equipment and embedded subsystems. Memec Group Holdings Limited (Memec) was acquired by Avnet on July 5, 2005. Avnet creates a link in the technology supply chain that connects over 300 electronic component and computer product manufacturers and software developers as a single source for multiple products for a global customer base of over 100,000 original equipment manufacturers (OEMs), contract manufacturers, original design manufacturers, value-added resellers (VARs) and end users. In addition, Avnet provides engineering design, materials management and logistics services, system integration and configuration, and supply chain advisory services. Avnet is comprised of two operating groups called Electronics Marketing (EM) and Technology Solutions (TS).
Misc Details
Symbol: AVT
City: Phoenix
State: AZ
ZIP Code: 85034
Address: 2211 South 47th Street
Phone: 480-643-2000
Fax: 480-643-7370
Website: http://www.avnet.com
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