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Digi-Key Corporation · Thief River Falls, MN United States

Company Description

701 Brooks Ave. South
Thief River Falls, MN
56701
United States (Map)
Phone: 218-681-6674
Fax: 218-681-3380
Toll Free: 800-344-4539
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    Digi-Key holds more than one key to electronics distribution. The company distributes electronic components to businesses and consumers mainly in the US, Canada, Europe, and Japan. Digi-Key uses an entirely in-house sales force and does business by means of telemarketing and a catalog featuring more than 300,000 products from 400-plus manufacturers, such as 3M, Freescale, and Texas Instruments. Its products, ranging from AC line cords to zinc-oxide non-linear resistors, also are available through a downloadable catalog featured on the company's Web site. Founded in 1971 by CEO and owner Ronald Stordahl, Digi-Key takes its name from the ham radio digital electronic keyer kit he developed and sold in college. To read the full description, subscribe now.
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    Key Digi-Key Corporation Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$983.0
    2008 Employees1,900

    Digi-Key Corporation Executives

    5 executives listed for Digi-Key Corporation's Thief River Falls, MN location.
    TitleName & BioContact
    Chairman and CEORonald StordahlNetwork
    President and COOMark LarsonNetwork
    VP, Administration and AccountingMarie FinneyNetwork

    Competition

    Competitive Landscape for Digi-Key Corporation
    Sales are driven by demand from the construction, telecommunications, and hardware retailing industries. Profitability depends largely on merchandising and efficient inventory management. Large companies have wide distribution networks and may offer customers a broad selection of products and services. Small operators can compete successfully by stocking specialty products, stocking all of the parts their particular customers need, or delivering superior service. The industry is capital-intensive: average annual revenue per employee is about $450,000. To read the full description, subscribe now.
    Top Digi-Key Corporation Competitors
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