Categories
Mouser Electronics

Mouser Electronics’ Glenn Smith Honored as Top CEO

(BRK.A), (BRK.B)

Glenn Smith, President and CEO of Berkshire Hathaway’s Mouser Electronics, has been named 2019’s Top Public CEO by Fort Worth Business Press. The prestigious award was presented at a luncheon August 28 at Fort Worth’s River Crest Country Club.

Smith has been a recognized leader in the North Texas business community since 2004, when he was elevated to his position as President and Chief Executive Officer of Mouser Electronics, a global industry leader that inspires innovation by offering the widest and newest selection of semiconductors and electronic components.

While still a college student, Smith joined the company as a part-time warehouse employee in 1973 when Mouser was essentially a startup operation in San Diego, Calif. Smith rose through the ranks, working in nearly all departments in multiple management roles. Smith’s leadership and tenure has seen Mouser grow from a small distribution company to one of the world’s largest electronic component distributors, with more than 2,500 employees in 26 offices worldwide and nearly $2 billion in annual sales. Acquired in 2000 by Fort Worth-based TTI, Inc., Mouser is one of the TTI family of companies and an industry leader in the successful portfolio of Berkshire Hathaway companies.

Smith learned early on about the importance of hard work, attention to detail and giving the customer a great experience. That focus remains key to the company’s mission.

“It is a great honor to receive this award, and I thank the Fort Worth Business Press as well as all of the Mouser employees who contribute every day to give our customers a best-in-class experience,” Smith stated. “I’d also like to acknowledge our wonderful customers and suppliers. Stocking the widest selection of the newest products from our supplier partners reinforces our commitment to our customers to be a single source for all the components and tools necessary for the electronic design process. There’s a lot of teamwork involved in our business success.”

Smith has served for years as a member of the Board of Directors of the Electronic Components Industry Association (ECIA), working to protect the authorized supply chain of electronic components. In 2011, he received the Distinguished Service Award from the ECIA for leading the rapid launch of the ECIA inventory search website, www.eciaauthorized.com. Smith currently serves on the Distribution Council for ECIA.

© 2019 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.

Categories
Mouser Electronics

Mouser Electronics Announces 2019 Best-in-Class Award Winners

(BRK.A), (BRK.B)

Berkshire Hathaway’s Mouser Electronics, Inc. has named the winners of its annual Mouser Best-in-Class Awards.

The authorized global distributor announced the honorees at an awards ceremony on August 5, recognizing the outstanding individuals from its manufacturer partners who best supported Mouser’s marketing programs and new product introduction (NPI) launches by demonstrating exemplary teamwork and top performance.

“Each year, we select our Best-in-Class Award winners from hundreds of business professionals,” said Glenn Smith, Mouser Electronics’ President and CEO. “We greatly appreciate the dedicated individuals who won these awards. Each has played an essential role in helping us introduce and promote their companies’ products to our customers, and we gladly honor them today.”

Winners of the Mouser Best-in-Class Award are selected using five key criteria: Strategically partnering with the Mouser team, promoting product lines and working together on new product launches, finding creative solutions to grow market share mutually for both companies, and maximizing Mouser’s unique value proposition within their own businesses.

2019 Mouser Best-in-Class Award Winners:

Lora McIlheran, 3M
Sumit Awasthi, Analog Devices
Kelley Nall, Amphenol
Matthew Salmanpour, Cypress Semiconductor
Diane Laegeler, Digi International
Matthew Baker, HARTING
Renée Dill, Molex
Bob Johnson, NXP Semiconductors
Jay Pauer, OSRAM Opto Semiconductors
Tammy Stine, TE Connectivity

At this year’s ceremony, Mouser also recognized the four individuals who have achieved the President’s Award honors. The President’s Award recognizes the extraordinary individuals from Mouser’s supplier partners who have won the Best-in-Class Award five or more times, demonstrating consistent exemplary performance.

President’s Award Winners:

Dee Fuller, Amphenol
Cheryl Swaim, KEMET
Doug Lippincott, Panasonic
Steve Nye, Vishay Intertechnology

© 2019 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.

Categories
Mouser Electronics

Mouser Electronics and XP Power Sign Global Distribution Agreement

(BRK.A), (BRK.B)

Berkshire Hathaway’s Mouser Electronics, Inc. has signed a global distribution agreement with XP Power, a leading power solutions provider. Through the agreement, Mouser now stocks a wide variety of XP Power’s AC-DC power supplies, DC-DC converters, high-voltage power supplies, and EMI filters.

“With Mouser’s distribution expertise, we can expand our reach while also providing exceptional support and value,” said Steve Head, Global Marketing & Distribution Director, at XP Power. “Leveraging Mouser’s excellent logistics support, we can continue to drive new growth opportunities around the world.”

“We’re very excited to be adding XP Power’s world-class power solutions to our line card,” said Tom Busher, Vice President of Supplier Management at Mouser. “XP Power is well regarded in the industry, and we look forward to a successful partnership.”

The XP Power product line available from Mouser Electronics includes the company’s AC-DC power solutions. Available in a wide power range of 3 W to 3,000 W and in a variety of mechanical formats — including open-frame, chassis mount, DIN rail mount, and wall plug — the products are designed for a wide range of end equipment, including industrial and process control, semiconductor fabrication equipment, medical devices, test and measurement equipment, scientific instruments, consumer devices, and defense applications.

© 2019 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.

Categories
Mouser Electronics

Mouser Electronics Opens Customer Service Center in Vietnam

(BRK.A), (BRK.B)

Berkshire Hathaway’s Mouser Electronics, Inc. today announced the opening of its Vietnam Customer Service Center, in Ho Chi Minh City. This new customer service center, located in the iconic Bitexco Financial Tower, will support local electronic design engineers, buyers and hardware innovators, helping them to locate the newest products for their designs.
Mouser now has 26 service locations worldwide, with 10 locations in the Asia Pacific region.

The electronics industry in Vietnam has seen rapid growth in the past decade and is quickly becoming an important hub for global original equipment manufacturers (OEMs) and electronics manufacturing services (EMS). Ho Chi Minh City, the country’s largest city, hosts many electronics markets and an increasing number of manufacturing services that have spurred demand for electronic components.

“In Vietnam, our business has grown around 180 percent in the last five years,” stated Mark Burr-Lonnon, Mouser’s Senior Vice President of Global Service & EMEA and APAC Business. “We are very excited about this exceptional growth and look forward to providing a local presence to better serve customers throughout Vietnam in local languages and time zones.”

As the global authorized distributor with the newest semiconductors and electronic components, Mouser gives design engineers, buyers and innovators easy access to the newest electronic components and comprehensive design resources. The Services and Tools site, available on Mouser.com, makes it easy for customers to search for products, personalize their orders and access their previous purchases, helping to speed time-to-market. With real-time availability 24 hours a day, 7 days a week, the site’s many resources offer unique capabilities that help customers in their design and creation processes.

Mouser has been offering products and services to engineers across Vietnam through its comprehensive website, Mouser.vn, as well as via phone, email and fax. The new customer support center will better support existing customers while also enhancing Mouser’s overall marketing efforts to serve new customers in the area.

© 2019 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.

Categories
Mouser Electronics

Mouser Electronics Inks Global Deal With Xilinx

(BRK.A), (BRK.B)

Berkshire Hathaway’s Mouser Electronics, Inc. has signed a new global distribution agreement with Xilinx, Inc., the leader in adaptive and intelligent computing, to stock one of the industry’s broadest portfolios of Xilinx products, including digital downloads of development software and IP. Xilinx is the inventor of the FPGA, hardware programmable system-on-chips (SoCs) and the adaptive compute acceleration platform (ACAP), designed to deliver the most dynamic processor technology in the industry and enable the adaptable, intelligent and connected world of the future.

“Xilinx is an industry leader and proven innovator in new technologies. We are very excited to expand our product portfolio for our customers by now offering a broad in-stock suite of Xilinx products and tools,” said Glenn Smith, Mouser President and CEO. “We look forward to assisting Xilinx expand its global customer base and revenue with our focus on e-commerce and new product introductions for design engineers.”

“With Mouser’s exceptional customer service for engineers, world-class logistics, and expansive customer base, we are very excited to add them to our global distribution channel,” said Mark Wadlington, Senior Vice President of Global Sales at Xilinx. “We expect this to be the beginning of a long and successful relationship.”

Mouser is stocking the full breadth of Xilinx products, including Zynq SoCs and MPSoCs, plus ACAPS, FPGAs, 3D ICs, RFSoCs, accelerator cards, evaluation boards, system on modules, FPGA mezzanine cards, embedded development platforms, and more to help expedite the design process.

© 2019 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.

Categories
Mouser Electronics

Mouser Electronics Expands Distribution Center To Keep Up With Double-Digit Revenue Growth

(BRK.A), (BRK.B)

Berkshire Hathaway’s Mouser Electronics, Inc., the industry’s leading New Product Introduction (NPI) distributor with the widest selection of semiconductors and electronic components, is greatly expanding its large global headquarters and distribution center to meet the needs of its flourishing business well into the next decade.

Construction is under way to add more than 125,000 square feet to the distribution center, as well as a new 50,000 square-foot office building on Mouser’s campus, located south of Dallas-Fort Worth, Texas.

Upon completion of the new construction, Mouser’s 78-acre global headquarters and massive distribution center will consist of 1 million square feet to accommodate Mouser’s vast inventory of 1 million unique SKUs for products and technologies from over 750 electronic component manufacturers.

With a positive industry outlook, double-digit revenue growth and the addition of many new manufacturer partners, the industry-leading electronic components distributor is expanding its global footprint and growing its business position to meet increasing customer demand worldwide.

In 2018, Mouser’s sales hit $1.9 billion, and the company is on track to surpass that number this year. All this comes as Mouser has expanded its full-time global workforce to more than 2,400 and is set to provide local customer service in four new global locations: Brazil, Poland, Vietnam, and the Philippines.

“With the rapid increase in technological advancements such as IoT, electric vehicles, artificial intelligence, robotics, and 5G, we definitely find ourselves in a very robust and fortunate position,” explained Glenn Smith, Mouser’s President and CEO. “We are planning for future growth as our customer needs increase.”

© 2019 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.

Categories
Mouser Electronics

Mouser Electronics Receives Top Digital Award from KEMET

(BRK.A), (BRK.B)

Berkshire Hathaway’s Mouser Electronics, Inc. has received the Digital Marketing Partner of the Year award from KEMET for the second consecutive year.

The major award — presented last year for the first time — recognizes Mouser’s global distribution capabilities and digital marketing expertise.

The Digital Marketing Partner of the Year FY19 award acknowledges Mouser’s superior performance in a variety of areas, including e-marketing results, new product introductions, customer count growth and overall process excellence.

“This award recognizes the exceptional work Mouser Electronics has done for KEMET, and we proudly recognize them for the second year in a row,” said Johnny Boan, KEMET Vice President, Global Distribution. “This year, KEMET celebrates 100 years and Mouser has been an essential partner in our story, helping to build our brand and bring our products to their wide customer base. Mouser’s committed partnership ensured our mutual success in 2019.”

“Mouser is honored to be recognized with this important award,” said Tom Busher, Vice President of Supplier Management. “Our customers expect the latest technologies and components with superlative service; together with KEMET we strive to exceed these expectations.”

© 2019 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.

Categories
Mouser Electronics

Mouser Electronics Named e-Commerce Distributor of the Year by Bourns

(BRK.A), (BRK.B)

Berkshire Hathaway’s Mouser Electronics, Inc., a global distributor of semiconductors and electronic components, has been named the 2018 e-Commerce Distributor of the Year by Bourns, Inc.

The global award was presented to Mouser executives at the recent 2019 EDS Leadership Summit in Las Vegas. This marks the third time that Mouser has received this top award.

Mouser, a leading global distributor of semiconductors and electronic components, received the prestigious award for helping Bourns achieve exceptional sales growth, as well as for Mouser’s best-in-class marketing activities and field engagement.

“The sales growth and heightened brand awareness achieved from Mouser’s groundbreaking internet marketing, ongoing development of useful web tools, and as an industry leader in New Product Introductions (NPIs) last year clearly earned them the Bourns e-Commerce Distributor of the Year award for 2018,” said Kelly Vogt, Senior Vice President of Worldwide Sales at Bourns, Inc. “Bourns highly values our long-standing relationship with Mouser. It is an honor to acknowledge their inventive e-commerce programs that have led to our mutual success.”

Andy Kerr, Mouser Vice President of Supplier Management, commented, “Mouser is honored to receive the top e-commerce award from the team at Bourns. We greatly value our partnership and will continue to fulfill these high standards by introducing the newest Bourns products, expanding our customer base, and growing our business globally together.”

Mouser is an authorized distributor for Bourns and continues to be a leading partner in offering Bourns’ newest products. Mouser stocks an impressive array of Bourns circuit protectors, sensors, controls, and resistive components. Bourns is known for their innovative development of new technologies and the ability to consistently expand manufacturing capabilities to meet their customers’ changing global needs.

Mouser has received multiple top awards in recent years from Bourns, including e-Commerce Distributor of the Year award for 2016, 2014 and 2012 top performance, as well as 2016 Distributor of the Year (Catalog Partner) in EMEA, 2012 European Distributor of the Year POS Growth Award and the 2012 Asia Distributor of the Year POS Growth Award.

© 2019 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.

Categories
Mouser Electronics

Mouser Electronics is Littelfuse’s Distributor of the Year

(BRK.A), (BRK.B)

Berkshire Hathaway’s Mouser Electronics, Inc., the industry’s leading New Product Introduction (NPI) distributor with the widest selection of semiconductors and electronic components, has been recognized as the 2018 High Service Distributor of the Year by Littelfuse, a global leader in circuit protection.

Littelfuse presented Mouser with the global award at the 2019 Electronic Distribution Show (EDS) in Las Vegas. This is the eighth year that Mouser has been honored with the top award.

“Mouser Electronics has been a valuable channel partner for Littelfuse and we are proud to honor them with this award,” said Dave Heinzmann, Littelfuse President and Chief Executive Officer. “At Littelfuse, we look to partner with organizations that share our core values and Mouser’s commitment to worldwide customer support excellence and the value they place on innovation align with Littelfuse. Mouser has been a key channel partner, helping drive profitable sales growth as we provide innovative solutions for a growing customer base.”

“Mouser is honored by this important recognition from Littelfuse,” said Glenn Smith, Mouser’s President and CEO. “Our partnership with Littelfuse is aimed at meeting customer needs through best-in-class service, innovation and collaboration. We look forward to deepening this outstanding partnership.”

Littelfuse selects the winner of the High Service Distributor of the Year award based on a variety of distributor performance metrics, including overall sales growth, focus product sales, growth in the number of customers served, and the number and quality of creative marketing campaigns that reach customers. Mouser previously won the Littelfuse High Service/Catalog Distributor of the Year award in 2008 through 2011 and in 2014, 2015 and 2017.

© 2019 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.

Categories
Mouser Electronics

Mouser Electronics Expands Local Customer Service Support in Brazil

(BRK.A), (BRK.B)

Berkshire Hathaway’s Mouser Electronics, Inc., the industry’s leading New Product Introduction (NPI) distributor with the widest selection of semiconductors and electronic components, is expanding its Customer Service Center operations to Brazil.

The new customer service team — Mouser’s first in South America — will support electronic design engineers, buyers and hardware innovators across Brazil, helping them to locate the newest products for their designs.

“This is a very exciting expansion of our services. We see offering a local customer support presence here as an important contribution to innovation, design and manufacturing in a thriving region,” said Mark Burr-Lonnon, Mouser’s Senior Vice President of Global Service & EMEA and APAC Business. “We look forward to the opportunity to serve our customers in Brazil with best-in-class local service and fast delivery of the newest products and leading technologies from more than 750 manufacturers.”

Mouser’s new customer service operations in Florianópolis, Brazil, will have a full-service staff of team members, conversant in Portuguese and English, onsite to personally assist with orders, answer technical questions and respond to customer calls from across country.

Unlike many distributors, Mouser takes a centralized approach with a single distribution center that streamlines operations, helping customers get their vast selection of the newest products and overall inventory first and faster. After experiencing several years of record business growth, Mouser is breaking ground on another major expansion at its global headquarters and distribution center in Texas. Once complete, Mouser’s campus at its global headquarters will encompass more than one million square feet of office and warehouse space, stocking over one million different electronic components for quick delivery worldwide.

With its broad product line and unsurpassed customer service, Mouser strives to empower innovation among design engineers and buyers by delivering advanced technologies. Mouser stocks the world’s widest selection of the latest semiconductors and electronic components for the newest design projects. Mouser Electronics’ website is continually updated and offers advanced search methods to help customers quickly locate inventory. Mouser.com also houses data sheets, supplier-specific reference designs, application notes, technical design information, and engineering tools.

© 2019 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.