(BRK.A), (BRK.B)
Berkshire Hathaway’s Mouser Electronics, Inc., has been honored with the prestigious Global High Service Distributor of the Year award for the fourth consecutive year by TE Connectivity (TE), a global leader in connectivity and sensors. Mouser also was recognized by TE as their top customer growth leader and top NPI distributor. The annual Electronic Distributor Awards were presented to Mouser executives at TE’s recent Global Distribution Summit.
The Electronic Distributor Awards recognize TE’s highest-performing distribution partners based on sales growth, market share growth, customer growth and business plan performance. Mouser successfully grew its TE business, outpacing overall company growth rates in key categories, including sales, customer count and pieces per customer, which ultimately increased their TE commercial connector market share. With continued strategic inventory investments and SKU count expansion, Mouser further improves its ability to support engineering needs.
“Mouser’s consistent performance and growth earned them TE’s Global High Service Distributor of the Year award for the fourth consecutive year,” said Joan Wainwright, President, Channel and Customer Experience, TE Connectivity. “Mouser continues to invest in new products, looking for solutions to help their customers grow. I am proud of the partnership TE has with Mouser and look forward to our future success as we bring innovative technology to our customers.”
“Receiving the Global High Service Distributor award is an incredible honor. We’d like to thank TE Connectivity for this important recognition. Our relationship continues to grow, and these awards are a tribute to our teams’ hard work,” said Glenn Smith, Mouser Electronics President and CEO. “TE is an industry leader and a valued business partner, and we look forward to continued success together.”
© 2017 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.