-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
TestEquity Wins Multiple Awards for Sales Growth at 2023 APEX EXPO
March 28, 2023 | Globe NewswireEstimated reading time: 2 minutes
TestEquity was honored at the 2023 IPC APEX EXPO with three awards for its role as the premier distribution partner for manufacturers of electronics test and measurement solutions and electronic production supplies.
IPC is an industry association that represents more than 3,000 companies covering all facets of electronics. The annual IPC APEX EXPO allows designers, manufacturers, and distributors from across the global electronics supply chain to exhibit new products, network with fellow industry professionals, and collaborate on new ideas.
At the recent 2023 event, TestEquity received awards from fellow IPC members Apex Tool Group, MicroCare, and Indium.
Distributor of the Year | Apex Tool Group
Apex Tool Group manufactures professional hand and power tools under the SATA®, GEARWRENCH, Crescent, Cleco, Weller, and APEX brands. They presented TestEquity with their Distributor of the Year award in recognition of outstanding sales and customer count growth in 2022.
“TestEquity continues to be our go-to partner in penetrating our key target market verticals,” said Glenn Schindo, National Sales Manager, Distribution at Apex Tool Group. “The professionalism and relationships throughout their organization enables us to focus on growth and meaningful market share gains.”
In presenting the Distributor of the Year award, Apex Tool Group thanked TestEquity for its dedicated, highly trained field sales team, its deep inventory support, and its best-in-class e-commerce and marketing solutions.
Distributor of the Year | MicroCare
MicroCare, including sub-brands MicroCare Medical and Sticklers, produces cleaning, coating and lubricating fluids used in the electronics, medical device, fiber optic and metal finishing industries. MicroCare named TestEquity their Distributor of the Year in appreciation of phenomenal sales growth during 2022 for collaborating on marketing, sales, and training initiatives.
“MicroCare has enjoyed a deep relationship with TestEquity that goes back decades,” said Vince Libercci, Commercial Sales Manager – Electronics. “Their marketing and sales teams are fully engaged to help us find new customers, new markets, and new opportunities. We value our relationship and look forward to even greater success going forward.”
TestEquity was also acknowledged for stocking the majority of MicroCare products, identifying new markets, and expanding customer relationships.
Distributor Growth Award - Indium
Indium Corporation is a premier materials refiner, smelter, manufacturer, and supplier to the global electronics, semiconductor, thin-film, and thermal management markets. Christopher Bastecki, Director of Electronics Assembly Materials at Indium, presented the Distributor Growth Award to TestEquity to recognize its expanded sales of solders, fluxes; and thermal interface materials during 2022.
TestEquity attributed the growth in sales of Indium, MicroCare, and Apex Tool Group to the technical expertise of its sales team, collaboration with OEM partners, its strategy of keeping a strong supply of its partners’ products in stock and ready to ship.
“Thanks to the support of our OEM partners, we added support for nearly 100,000 new SKUs in 2022,” said Scott Maclin, VP of Product Management at TestEquity. “Our strength as a distributor comes from our relationships with our industry peers, and we’re proud of the work we’ve accomplished together.”
Suggested Items
IPC Bestows Posthumous Hall of Fame Award to Industry Icon Michael Ford
04/18/2024 | IPCIPC honored the late Michael Ford, Aegis Software, for his extraordinary contributions to the global electronics manufacturing industry with the IPC Raymond E. Pritchard Hall of Fame Award at IPC APEX EXPO 2024. IPC’s most prestigious honor, the Hall of Fame Award is given to individuals who have provided exceptional service and advancement to IPC and the electronics industry. Ford, an industry leader and valued IPC volunteer, died suddenly in January 2024.
SEMI Applauds U.S. Chips Act Award for Samsung Electronics Facilities to Strengthen Domestic Semiconductor Supply Chain
04/17/2024 | SEMISEMI, the industry association serving the global electronics design and manufacturing supply chain, applauded the United States Department of Commerce’s announcement of a Preliminary Memorandum of Terms for an award under the CHIPS and Science Act to support the expansion of Samsung Electronics’ presence in Texas and the company’s development and production of leading-edge chips.
Northrop Grumman honors Calumet Electronics with Supplier Excellence Award
04/17/2024 | Calumet ElectronicsNorthrop Grumman Corporation has recognized Calumet Electronics during the company’s 2024 Supplier Excellence Awards for “exceptional performance and unwavering commitment to delivering with excellence.” Calumet is one of 70 suppliers recognized from across the globe. In its award category of “Supplier Strategic Excellence,” Calumet was honored alongside global corporations such as Amazon Web Services, Dell Technologies, and Eaton Corporation.
Ark Electronics Expands Global Manufacturing Factory Network in North America and Europe
04/17/2024 | PRNewswireElectronic Manufacturing Company Ark Electronics recently announced the expansion of its Global Factory Network with the addition of Electronics Manufacturing Service (EMS) capabilities in Mexico and Europe.
Designing Electronics for High Thermal Loads
04/16/2024 | Akber Roy, Rush PCB Inc.Developing proactive thermal management strategies is important in the early stages of the PCB design cycle to minimize costly redesign iterations. Here, I delve into key aspects of electronic design that hold particular relevance for managing heat in electronic systems. Each of these considerations plays a pivotal role in enhancing the reliability and performance of the overall system.