Avnet Computer Marketing Opens New Global Headquarters.Business Editors/High-Tech Writers TEMPE, Ariz.--(BUSINESS WIRE)--Aug. 15, 2000 Avnet Avnet, Inc. (NYSE: AVT) is a technology B2B distributor headquartered in Phoenix, Arizona. The company states on their website that:
See: New York Stock Exchange :AVT AVT avian arginine vasotocin. See vasotocin. ), Tuesday officially opened a new chapter in Avnet CM history with the christening christening: see baptism. of the group's new global headquarters, based in the ASU ASU Arizona State University (Tempe, AZ) ASU Appalachian State University ASU Arkansas State University ASU Angelo State University ASU Alabama State University ASU Australian Services Union Research Park in Tempe. The 132,000 square foot building houses the expanding Avnet CM workforce, which includes the group's worldwide management team, as well as its three operating divisions: Avnet Hall-Mark, Avnet Computer, and Avnet Convergent Technologies (company) Convergent Technologies - A company formed by a small group of people who left Intel Corporation in 1979. Convergent Technologies' first product was the IWS (Integrated Workstation) based on the Intel 8086, which ran Convergent Technologies Operating System - their first . "The outstanding growth of the Avnet CM group as a whole and the demand the divisions have generated in the marketplace is what really drove the development of this facility," said Andy Bryant, president of Avnet CM. "Avnet as a company is also known for investing in the latest technologies to provide the best value to our customers and suppliers. This state-of-the-art facility is proof positive of Avnet's commitment. In this environment, each of the divisions will be able to work better and more efficiently on our customers' behalf than they could at our old facility." The new building at 8700 S. Price Road houses 500 employees who moved to the facility in stages beginning in June. At its capacity, the new Avnet CM headquarters is projected to hold about 725 people, which may occur as early as 2002. In the event that Avnet CM outgrows the new building, Avnet has already developed plans to create a small Avnet "campus" built around the new headquarters within the ASU Research Park, if growth continues as expected. "Given the strides Avnet CM has taken in the recent past, I wouldn't be surprised if we start thinking seriously about putting up another new building in a few years," Bryant added. "There's nothing I'd like to see more, since it will mean we have been successful in our mission. The Phoenix area has been extremely kind to Avnet, and we're putting down roots here for the long term. The employees love the quality of life, and the city's high-tech sector has just exploded ex·plode v. ex·plod·ed, ex·plod·ing, ex·plodes v.intr. 1. To release mechanical, chemical, or nuclear energy by the sudden production of gases in a confined space: , creating the steady influx of top technical talent Avnet will need to succeed in the future. "This building is just the next step in our commitment to our customers and the state of Arizona Arizona (âr'əzō`nə), state in the southwestern United States. It is bordered by Utah (N), New Mexico (E), Mexico (S), and, across the Colorado R., Nevada and California (W). ." About Avnet Computer Marketing Headquartered in Tempe, Avnet Computer Marketing is a $1.85 billion operating group of Avnet Inc., a global distributor of electronic components and computer products and services from leading manufacturers. Avnet is a Fortune 500 company with annual sales exceeding $9 billion. For more information about the Avnet Computer Marketing, please visit its Web site at: www.avnet.com |
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