Arrow Moves Up On Fortune 500.Business Editors MELVILLE, N.Y.--(BUSINESS WIRE)--May 1, 2000 The world's largest distributor of electronic components, Arrow Electronics Arrow Electronics NYSE: ARW is a Fortune 500 company headquartered in Melville, New York. This company specializes in products and services of electronic components and computer products. , Inc. (NYSE NYSE See: New York Stock Exchange :ARW ARW Air Refueling Wing ARW Advanced Research Workshop ARW Associated Resume Writers ARW Army Ranger Wing (Irish Special Forces) ARW American Revolutionary War ARW Angle Random Walk ARW Aeroelastic Research Wing ), captured the 182 spot on Fortune's 500 list this year. The company moved up 15 spots from its 197 ranking in 1999. "This achievement is the result of the hard work and dedication Arrow's employees have displayed in serving our customers. We are very proud of our standing on the Fortune 500 list," said Stephen P. Kaufman, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Arrow. Arrow ranked considerably higher than any of its competitors on the annual list of the largest U.S. corporations. In the category of "10-year annual growth," Arrow was seventh on Fortune's list of fastest-growing companies and was the only electronic components distributor named as one of the top investments. Arrow Electronics is the world's largest distributor of electronic components and computer products, with 1999 sales of $9.3 billion. Headquartered in Melville, New York Melville is a hamlet and census-designated place in the town of Huntington in Suffolk County on Long Island, New York, in the United States. As of the 2000 census, 14,533 people resided there. , Arrow serves as a supply channel partner for more than 600 suppliers and 175,000 original equipment manufacturers and commercial customers through more than 225 sales facilities and 19 distribution centers in 37 countries. Detailed information about Arrow's operations can be found at www.arrow.com. |
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