Product category: Electromechanical Components
News Release from: Arrow Electronics (UK)
Edited by the Electronicstalk Editorial Team on 15 March 2007
Distributor looks for passive workforce
Arrow Electronics Europe is embarking on a major recruitment drive for technical specialists for PEMCO technologies
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(passives, electromechanical, connector, cable and wire management products and power supplies). The total recruitment is in excess of 60 people for Europe, of which 14 are in the UK. Arrow sales of PEMCO products in 2006 were approaching US $2.5 billion globally - $900 million in Europe - which makes it the largest distributor in this product category by some considerable margin.
Chris McAneny, Marketing Director, Arrow Northern Europe, explains: 'This major recruitment investment reflects two key points: first, the UK market - valued by AFDEC at $650 million in 2006 with 3.7% growth - is one of the largest and most attractive in Europe'.
'Secondly, Arrow in the UK and Ireland had 2006 PEMCO revenues approaching $100 million and an impressive 33% growth and is enthusiastic to invest in order to add value both to our customers and suppliers'.
The new roles, which are for field technical salespeople and internal product specialists, form a further platform towards Arrow achieving a $200 milion PEMCO business in UK and Ireland.
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