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Electronic components distributor set to start construction of 1-million-square foot distribution center in Minnesota.
The company has named Roger Raley as vice president of the new segment.
Commercial & residential solutions sales were flat year over year.
Kirk Robinson was promoted from channel chief at the company.
The acquisition will expand Arrows IoT sensor-to-sunset platform.
CHANGNAM will operate as a standalone business separate from TTIs distribution business.
The acquisition brings together The Phoenix Groups electronic payments expertise with Ingram Micros global scale.
Year-to-date, sales increased 10.3 percent year-over-year.
Organic growth in the Americas fell, in part due to supplier channel changes.
Top building materials & construction distributors also acquire growth.
The acquisition will further enhances Avnets role in developing new technology products.
Rebranding campaign centered on unified message of "reaching further."
Company's profit increased 120 percent for third quarter.