Berg Electronics Enhances its Global Product Distribution Through Marshall Industries.ST. LOUIS--(BUSINESS WIRE)--July 28, 1998--Berg Electronics Corp. (NYSE NYSE See: New York Stock Exchange :BEI Bei (pā, bā), river, c.200 mi (320 km) long, formed by the union of two headstreams in the Nanling Mts., N Guangdong prov., S China. It flows S into the Xi River, E of Guangzhou, to form the Pearl River delta. ) announced today that it has signed Marshall Industries to a global distribution agreement for its full line of products. This authorization enhances Berg's existing global service and gives customers greater access to Berg products through Marshall's allied partners who are networked in 38 countries throughout the world. "This agreement with Marshall Industries solidifies and enhances our existing global structure," said Timothy L. Conlon, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Berg. "Utilizing the existing network of Marshall and its partners worldwide provides Berg with a unique solution and a contemporary infrastructure to the challenges of global supply chain management." Marshall partners SEI (Sonepar Electronique International) in Europe and Serial System Ltd. in Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. are already Berg authorized distributors. This relationship now allows customers global access to Marshall's 24-hour customer service as well as their full range of services. "Like Marshall, Berg is committed to supporting customers around the world," said Robert Rodin, 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. and president of Marshall Industries. "Coupled with Berg's focus on the growth segments of our industry, Marshall will now provide its global customers with a vast portfolio of connector, socket and cable assembly products." Berg Electronics Corp. is one of the world's largest suppliers of connector, socket and cable assembly products, with 1997 sales of $785 million. Berg is one of only four interconnect companies able to serve the electronic connector needs of multinational OEMs and their contract manufacturers on a global basis. The company's broad range of products serve all segments of telecommunications, high-end data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a , personal computing Refers to users working on their own computers rather than a terminal to a mainframe. Sometimes, the term refers to using computers at home for work and/or entertainment in contrast to business use only. See personal computer. , and industrial and instrumentation markets of the electronics industry. Headquartered in St. Louis, Berg Electronics employs over 7,000 people worldwide at 23 manufacturing and research facilities strategically located in the U.S.A., Mexico, the United Kingdom (including Scotland), the Netherlands, France, Ireland, Sweden, Japan, Taiwan, Singapore, China, Korea, and India. The company's stock trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "BEI." Marshall Industries is one of the largest publicly held distributors of industrial electronic components and production supplies. Besides its branch locations throughout the U.S.A. and Canada, Marshall Industries and its subsidiaries have formed strategic alliances with SEI, based in the Netherlands, and Serial System Ltd., based in Singapore. These alliance partners provide coverage in 38 countries at 164 locations and are connected to a state-of-the-art computer system providing global access to their business partners around the world. Headquartered in El Monte El Monte (ĕl mŏn`tē), city (1990 pop. 106,209), Los Angeles co., S Calif.; inc. 1912. A residential, industrial, and commercial city in the San Gabriel Valley, El Monte manufactures furniture, electronic equipment, semiconductors, , Calif., the company's stock is quoted on the New York Stock Exchange under the symbol "MI." Marshall Industries may be found on the Internet at http://www.marshall.com or www.electronicdesign.com.
CONTACT: Berg Electronics Corp.
Lew LaFornara, 717/938-7853
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion