(BRK.A), (BRK.B)
Molex has announced that Berkshire Hathaway’s TTI is the recipient of its 2018 Global Distributor of the Year Award. This award recognizes one outstanding global channel partner each year for advancing Molex technology solutions through demonstrated growth in worldwide sales coupled with global financial, operational and executive management excellence. TTI grew 7% faster than the overall channel in 2018.
TTI serves an integral role in continuing the growth of Molex innovative technical solutions into the Global market. We are honored to recognize their significant contribution to our distribution channel,” said Fred Bell, vice president global distribution, Molex. “TTI has demonstrated a superior commitment to significant contributions for both companies.”
Molex Global Distributor of the Year Award recipients are evaluated and selected based on criteria in multiple categories, including year-over-year sales growth, inventory management, new product support, sales engagement, and accessibility to the management team at all levels of the organization. A leading global distributor of passive, connector, electromechanical and discrete components, TTI outpaced its peers to increase market share for Molex worldwide.
“TTI greatly appreciates our global partnership with Molex and the recognition that this award brings,” said Mike Morton, Chief Operating Officer, TTI, Inc., “We are honored to be recognized for bringing best-in-class Molex solutions to customers worldwide.”
© 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.