MIDDLETOWN, PA – Phoenix Contact USA and Waldom Electronics Corporation have partnered on a new program that will result in less inventory finding its way to a landfill. The program supports Phoenix Contact’s goal of a carbon-neutral value chain by 2030.
Under the agreement, Phoenix Contact authorized distributors can send non-moving inventory to Waldom for possible resale. Waldom will manage this inventory and can resell the stock to other authorized distributors. The agreement also authorizes Waldom to designate a percentage of sales to fund environmental and plant-a-tree programs.
“By partnering with Waldom, we’re giving our distributors a more sustainable way to manage their inventory,” said Chris Beevers, Director – Electric Channel Management, Phoenix Contact USA. “This partnership is a perfect example of the Phoenix Contact Purpose Statement in action: Together, we are creating a sustainable world based on our passion for technology and innovation.”
“We’re proud to partner with Phoenix Contact — a company that shares our deep commitment to sustainability,” said Don Akery, CEO of Waldom Electronics. “Together, we’re creating more responsible ways to manage slow-moving and excess inventory, advance circularity, and support environmental initiatives like tree planting. Partnerships like this turn shared values into meaningful impact."