This agreement allows ETCO to supply product with shorter lead times to the Asian market
Bradenton, FL (PRWEB) April 27, 2015
ETCO Incorporated, a leading manufacturer of custom precision stampings, today announced a distribution agreement with Anixter Incorporated’s Component Solution Division for its products sold in Asia. The agreement covers the majority of ETCO parts manufactured in the United States for export to Asia. It comes as ETCO see increased growth in the Asian market for its products in the appliance, automotive, HVAC, telecommunications and other industries. The agreement allows Asian customers to receive their products with even shorter leads times now as a result of stocking being done by Anixter’s component solutions division.
While ETCO has long had a presence in Asia particularly with automotive parts and appliance component sales, the company just recently (within the past 5 years) started selling products to other industries. This new agreement with Anixter provides a new avenue for ETCO’s products including the Closed Back Insulated Disconnect product, the Insulation Displacement Connector, the EDGE-C Composite Wire Termination Applicator and over 1800 other products including ring terminals, insulated connectors, printed circuit board terminals and more. Furthermore the agreement allows Anixter’s Component Solutions Division to serve as a representative for ETCO specific to custom industrial products.
Speaking on the agreement, ETCO Executive Vice President, Sean Dunn states, “This agreement allows ETCO to supply product with shorter lead times to the Asian market.” He continues, “Our innovations are already finding success in that market due to the extensive support and quality we offer.” ETCO’s custom precision stampings are available in strip format as well as loose piece parts. Anixter’s Component Solutions Division will be providing these parts for sale in both configurations to customers.
Founded in 1947, ETCO is a privately owned company. The Company manufactures precision stampings as well as rubber and plastic molded products used in a range of industrial manufacturing including automotive, appliance, aviation, medical, information technology hardware, networking and many others. ETCO also has major customers in a variety of other industries in the USA and in over 30 countries throughout the world. ETCO has factories and a research complex in Bradenton, Florida and a factory and engineering center in Warwick, Rhode Island.
For more information on ETCO, visit the Company website online at http://www.etco.com
Anixter International Inc. is a leading global distributor of enterprise cabling and security solutions, electrical and electronic wire and cable, and OEM supply fasteners and other small parts. The company adds value to the distribution process by providing its customers access to 1) innovative inventory management programs 2) over 0.5 million products and $1.1 billion in inventory 3) approximately 270 warehouses/branch locations with 7.5 million square feet of space and 4) locations in 300 cities in more than 50 countries. Founded in 1957 and headquartered near Chicago, Anixter trades on the New York Stock Exchange under the symbol AXE.