(BRK.A), (BRK.B)
TE Connectivity recently honored Berkshire Hathaway’s Mouser Electronics with the 2017 Global High Service Distributor of the Year and the 2017 Customer Expansion Awards for Americas and EMEA regions.
The top distribution award, presented at the recent Electronics Distribution Show (EDS) in Las Vegas, recognized Mouser’s performance based on sales growth, market share growth, customer growth and business plan performance.
“I am proud to recognize Mouser Electronics for the impact they have on our mutual customers,” said Joan Wainwright, President of Channel and Customer Experience at TE. “Mouser has a long track record of achievement with TE, receiving TE’s Global High Service Distributor of the Year Award for five straight years. Mouser accomplished this through record sales in all regions and growing their TE customer base by 11 percent.”
“Mouser is greatly honored to receive this prestigious award, and we’d like to thank TE for recognizing the outstanding efforts of our teams around the world,” said Glenn Smith, Mouser Electronics’ President and CEO. “TE is an industry leader and a valued business partner. We look forward to our continued mutual success.”
Mouser also received TE’s 2017 AMER and EMEA Customer Expansion Awards at the recent TE Distribution Summit. Mouser successfully grew its TE business through continued strategic inventory investments, SKU count expansion, and global marketing initiatives that support the engineering needs of customers worldwide.
© 2018 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.