Arrow Electronics made significant progress in 2007. Arrow expanded geographically and in important vertical markets, and received recognition for its business success. The timeline below highlights some of those achievements –

 

January

• Launched Arrow CARES, an inventory, auto-replenishment system
• Named distributor of the year by Tyco Electronics
  

February

• Appointed John P. McMahon as senior vice president of Corporate Human Resources
• Received “Distributor of the Year” awards for its Arrow Nordic businesses from Tyco Electronics
• Reported strong fourth-quarter sales and record annual revenue
• Assisted customers meeting deadline for China’s RoHS environmental regulation

March

• Named one of FORTUNE’s Most Admired Companies for the seventh consecutive year

April

• Acquired Agilysys KeyLink Systems Group
• Named a Fortune 200 company
• Received certification to the Customs Trade Partnership Against Terrorism (C-TPAT) from the U.S. Department of Homeland Security to assist in strengthening and improving the international supply chain
• Posted record first-quarter sales and earning per share
• Helped to build home for Hurricane Katrina evacuees

May

• Awarded Long Island Association Medal of Honor in recognition of outstanding corporate citizenship
• Received 11 awards at the Electronic Distribution Show for outstanding business performance and support
  

June

• Acquired component distribution business of Adilam Pty. Ltd
• Arrow China topped Electronic Supply & Manufacturing (China) customer survey
• Rated “Most Important” value-added distributor among VARBusiness 500 companies

July

• Named “Most Important” value-added distributor by the 100 fastest growing solutions providers, according to Computer Reseller News
• Announced record sales for second-quarter earnings
• Arrow ECS President Cathy Morris named one of the most powerful women in the technology channel by VARBusiness magazine

August

• Ranked top in China and Asia for third year running in EDN magazine’s World Branding Study
• Offered guidance from Arrow Chairman, President, and CEO William Mitchell to electronics manufacturers on how to manage and lessen supply-chain risk in China
  

September

• Acquired Centia Group Limited and AKS Group Nordic AB
• Announced that Arrow’s North American Components business and IBM will collaborate on advanced chip design and manufacturing services
• Received top ranking in 2007 CRN Sourcing Study
• Listed on the 2007 InformationWeek 500

October

• Established Japanese subsidiary and acquired Universe Electron Corporation
• Announced that Arrow’s North American Components business will provide global supply assurance support for a broad range of embedded controller products from Intel
• Established an office in St. Petersburg, Russia
• Helped to provide disaster relief from Southern California wildfires

November

• Ranked in top five again in 2007 InformationWeek China 100
• Received eight channel marketing awards from the National Electronic Distributors Association
• Unveiled an expanded portfolio to serve the growing information technology needs of medium-sized business
• Arrow ECS President Kevin Gilroy named among Top 25 Most Innovative Channel Executives by CRN magazine
• Expanded agreement with OSRAM to offer LED systems products from OSRAM SYLVANIA to OEMs in the United States
• Contributed funds to help provide Thanksgiving meals to families in need
  

December

• Expanded midmarket offerings to help resellers meet the needs of medium-sized health care companies