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Arrow Electronics Acquires TechTurn, Ltd.
January 2012—Arrow Electronics Inc. has agreed to acquire
TechTurn, Ltd., a leading provider of electronics asset
disposition (EAD) services that specializes in the processing
and sale of technology devices that are returned or recycled
from businesses and consumers.
TechTurn offers a comprehensive portfolio of services, including
asset retirement, data wipe, asset test, and diagnostics, data
sanitation, and refurbishment, and remarketing. With offices in
Texas and Virginia, as well as partner facilities in Europe and
Canada, TechTurn provides EAD services to Fortune 500 customers,
original equipment manufacturers, and large retailers.
“We are very excited to have the TechTurn team join the Arrow
family. This acquisition will strengthen our existing portfolio
of services and is a continuation of our global strategy to
expand into faster growing services that span the full lifecycle
of technology and complement our core businesses,” said Paul J.
Reilly, executive vice president, finance and operations and
chief financial officer of Arrow Electronics.
TechTurn is headquartered in Austin, Texas, and has 135
employees. The company’s sales are expected to exceed $50
million in 2012. This acquisition is subject to the customary
regulatory approval process and is expected to close in the next
45 days.
Viist
Arrow Electronics online. |
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SOURIAU Honored With AIRBUS’s Best
Supplier Award
January 2012—SOURIAU has been honored with the 2011 AIRBUS
Supplier of the Year Award in recognition of the best global
performance during the supplier SQAL Electrics Conference held
in Toulouse in December.
In an continuing difficult economic environment linked to
consequences of the worldwide economic crisis of 2008, the
SOURIAU group has managed to cope with the strong demand
variations while preserving its level of excellence towards
AIRBUS and their main subcontractors.
All these supply chain efforts, coupled with a constant
long-term investment policy in both production capacity and in
new technologies, were rewarded with the AIRBUS 2011 Award of
Best Supplier of standard electrical parts, for the 5th time in
6 years.
The SOURIAU group has also increased the pace of new product
development and range extensions, thus accompanying AIRBUS in
facing the new challenges of the civil aircraft market in areas
such as the reduction of fuel consumption, noise pollution, and
the impact on the environment.
“We are particularly proud to win this award for the fifth
year,” says François Calvarin, chairman of SOURIAU. “It is the
fruit of the involvement of the whole company in the strategy of
Total Quality and Operational Excellency, following the
principles of continuous improvement and Innovation at all of
our sites. Moreover, 2012 is the start of a new era for SOURIAU
with the integration into the Esterline group as of last July.
Esterline joins us in supporting new investment to develop
organic growth, to accomplish synergies with other units within
the company, to generate growth opportunities with key accounts,
notably American, as well as to anticipate additional external
growth.”
Visit Souriau online. |
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TTI Announces Position of Vice President, Total Quality
January 2012—TTI
Inc. promoted Kevin Sink to the position of vice president,
total quality. Prior to this appointment, Sink has been in the
position of director total quality since 2010.
“Kevin’s passion for developing and managing new processes and
systems make him well suited to tackle emerging issues in our
company and industry,” said David Minter, senior V.P. business
administration/IS. “He has lead his team through some big
challenges including the recertification of our Quality
Management System to AS9100 as well as developing various
platforms of sales and training tools that have greatly improved
TTI’s capabilities to serve its customers.”
Sink holds a degree in business management and an MBA from Texas
A&M University and is celebrating his 19th year with TTI. During
his tenure he has held positions as inside sales representative,
product manager and sales manager and has received multiple top
performance recognition awards.
Visit
TTI
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Molex Strengthens its Commitment to the
Medical Industry
January 2012—Molex Incorporated has
initiated several strategic business developments to further
demonstrate its commitment to developing innovative interconnect
technologies for next-generation healthcare devices. Molex has
been delivering proven solutions to medical device manufacturers
since 2005, and recently formed the new Medical Connector and
Cable Assembly Business Unit to directly address the increasing
demand for advanced interconnect products in this market. The
acquisition of Temp-Flex, a manufacturer of micro-miniature
wire, cable, and continuous coils using biomedical coating and
medical grade base metals, supports the company’s goal of
developing technologies that provide medical device
manufacturers with the maximum in product efficiency,
reliability, and flexibility for the ultimate in patient care.
As director, Wayne Shockloss will lead a team that has already
introduced several products under the MediSpec portfolio. These
products specifically address the electronic design demands of
medical equipment manufacturers engineering new and emerging
healthcare products in diagnostic imaging, therapeutic,
surgical, patient monitoring, hospital and patient care, and
healthcare IT applications. These, along with several new
products, will be demonstrated at MD&M West, February 14-16,
Anaheim, CA, booth 2074.
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Molex offers a diverse range of
products and solutions for the medical field through
MediSpec, as well as other business units that have
applications in medical electronics. Several of these
products will be on display at MD&M West, including:
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MediSpec Hybrid Circular MT
Cable and Receptacle System. An integrated optical and
electrical solution that reduces the number of connectors
required in medical equipment and devices.
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MediSpec Medical Plastic
Circular (MPC) Connector System: Featuring the LFH (low
force helix) contact design, the products provide a
high-performance and affordable alternative to typical
medical circular connectors.
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MediSpec Molded Interconnect
Device/Laser Direct Structuring (MID/LDS) Capabilities:
Combines the versatility of the two-shot molding process and
the speed and precision of LDS capabilities helping medical
device designers integrate complex electrical and mechanical
features into highly compact applications.
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Mini-Fit Plus HMC (High-Mating
Cycle): Achieves the greatest durability and current per
circuit available today for mid-range power applications
without increasing design dimensions.
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Fiber Optic Product Families:
As a leading supplier of advanced fiber optic solutions,
Molex offers a broad range of high-density products,
including interconnects and adapters, assemblies, backplanes
and more.
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Copper Flexible Circuit
Products: The products provide a high-signal frequency and
flexibility for advanced medical monitoring and diagnostic
devices.
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· Capacitive Switches:
Includes both integrated and custom solutions to provide
unlimited possibilities for the medical industry.
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· Polymicro
Technologies (a subsidiary of Molex): Multiple medical
applications are available from the world’s leading supplier
of silica capillary tubing and specialty optical fibers,
optical fiber and capillary assemblies, discrete micro
components and quartz optical fiber ferrules.
Visit
Molex
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Arrow Names
Brian McNally President of Global Components Specialty
Businesses
January 2012—Arrow Electronics Inc. has named Brian McNally as
president of specialty businesses within the company’s Global
Components segment.
McNally will focus on expanding the offerings and accelerating
growth for this newly formed business group, including A.E.
Petsche Company Inc., Richardson RFPD Inc., and Nu Horizons
Electronics Corp. He will report to Peter Kong, president of
Arrow’s Global Components business.
Brian’s extensive industry and international experience and
track record of leadership at Arrow will drive the growth of
these businesses’ offerings and cross-selling opportunities,”
said Kong.
McNally served as president of Arrow’s Europe, Middle East, and
Africa Components business from 2008 to 2011. For more than 28
years, he has served at Arrow in positions of increasing
responsibility, including president of Global Alliance and
Supply Chain Solutions, and president of North America
Components.
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Arrow Electronics online. |
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ODU Management Team Strengthened
The appointment of Dr. Joachim Belz, effective January 1, 2012,
has strengthened the management team of the ODU Group with
headquarters in Mühldorf a. Inn, Germany.
“We are very pleased to have gained Dr. Belz for this position
with his 20 years of experience in the branch and in
management,” announced Dr. Ing. Kurt Woelfl, ODU/ Otto Dunkel
President and CEO.
“I am very much looking forward to this new and especially
exciting assignment. Our goal is to be a global technology
leader in selected markets with innovative products,” says Belz.
"Investments in new technologies and products and in our staff’s
global qualification are important elements of this strategy."
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ODU online. |
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ABB Acquires Thomas
& Betts
ABB of Switzerland has agreed to purchase
Thomas & Betts
an American maker of electrical connectors, for about $3.9
billion in cash. Under the terms of the deal, ABB will pay
Thomas & Betts shareholders $72 a share in cash, 24% above the
company’s closing price on Friday. The transaction is expected
to close by the end of the second quarter. Shares of Thomas &
Betts closed on Friday at $57.95, giving it a market value of
about $3 billion.
In Thomas & Betts, ABB will acquire a big maker of industrial
electrical components. Thomas & Betts was founded in 1898 and
grew as the use of electricity spread across the country. Among
its customers are power utilities and construction companies.
Visit
ABB
online. |
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Climate Protection Companies Meet Minister
of Economics
January 2012—The “climate protection companies” are
pioneers and serve as models for other companies. They
demonstrate that climate protection pays off. The HARTING
Technology Group became a member of the initiative last year.
However, environmental and climate protection have been a key
part of everyday working life at the company for decades.
Energy-efficient and environmentally friendly practices were
firmly enshrined in the company philosophy in 1996.
At the launch event of the German Chamber of Industry and
Commerce’s theme for the year, “Energy and Raw Materials,” in
Berlin, Dr. Frank Brode, management board member for new
Technologies at HARTING and the representative of the other
member companies, spoke with Philipp Rösler, the federal
minister of economics and technology, and Hans Heinrich
Driftmann, president of the German Chamber of Industry and
Commerce, at the event. The climate protection companies have
been recognized as ambassadors for energy efficiency and climate
protection by federal government and the German Chamber of
Industry and Commerce on account of their outstanding
performance in terms of operational energy efficiency.
In his opening speech, Rösler explained the government’s concept
for a change in energy policy, which is based on the key areas
of extension of the energy network, construction of new power
plants, expansion of renewable energies, an increase in energy
efficiency, and a strengthening of research capabilities. “This
concept has a European dimension and requires the support of
society as a whole. In this respect, HARTING is well positioned,
thanks to its sustainable energy concept and research on new
technologies to replace vital raw materials and it will make a
significant contribution,” said Frank Brode.
Visit Harting
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IWCS Announces Call for Papers for its 2012 International Cable
· Connectivity Symposium
The 61st IWCS “International Cable · Connectivity
Symposium” is scheduled for November 11-14, 2012, at the Rhode
Island Convention Center in Providence. The conference draws
over 1000 engineers, scientists, product development specialists
and industry executives. Authors are invited to submit abstracts
through the IWCS website by April 30, 2012.
The Call for Papers may be found for download from the IWCS
website
here.
Visit
IWCS
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Multi-Contact Marks 50 Years of Business
Multi-Contact is pleased to celebrate its 50th
anniversary in 2012. The company began as a family business in
1962 in Basle, Switzerland, and has since grown into a leading
international electrical connectors manufacturer with business
units all over the world.
The company's success is based on the MC Multilam, and the
technology has been further developed and adapted to various
fields of application over the years. The MC Multilam is
characterized by high energy efficiency, reliability, and a long
lifespan, and it is core to our broad range of connectors for
industrial applications, automation, photovoltaics, the medical
industry as well as testing and measuring.
Visit
Multi-Contact
online. |
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