THIEF RIVER FALLS, MN – Electronic components distributor Digi-Key Corp. surpassed $1.5 billion in global sales for the first time last year, generating $500 million in the fourth quarter alone. The record-setting total represents a 64% year-over-year sales increase.
The largest annual sales gains were in Europe (120%), Africa (118%), Asia-Pacific (115%), and the Middle East (78%).
The company is projected to reach nearly $1.8 billion in worldwide sales for 2011.
KURESSAARE, ESTONIA -- Electronics manufacturers in the Baltic republic of Estonia are sounding positive notes for 2011.
LOUISVILLE, KY -- Sypris Solutions today reported fourth-quarter revenue at its Electronics Group fell 24% from last year to $19.5 million.