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bisco industries Ranked Among Top 15 Distributors by Electronics Sourcing

Electronics Sourcing has officially released its 2015 Top 50 North American Distributors list. Sales for the top 50 North American-based franchised distributors grew five percent in 2014, reaching $31.7 billion. According to Electronics Sourcing, they found that “the top distributors garner most of their sales from industrial customers (29%), followed by military/aerospace (22%), automotive (10%), telecommunications (7.5%), medical (6.5%), computers (6%), energy (5%) and mobile communications (1%)”. bisco industries is proud to rank 13th (one spot up from last year) on the 2015 top distributor list. In 2014 bisco industries saw revenue of $130.6 million which is a 11.1% growth rate from the previous year. Among bisco’s top growth areas were electromechanical (40%), passive components (20%) and interconnect sales (20%).

Looking Ahead To 2015

Looking ahead, distributors expect growth to continue in 2015. A recent ECIA survey corroborates the trend. The survey respondents including, distributors, manufacturers, and manufacturer representatives-expect growth across all market segments in the second quarter of 2015 with the strongest growth coming from automotive, industrial, medical, and consumer segments. bisco industries anticipates continued growth in 2015 and is focused on investing in business technology and personnel. While prioritizing improvements on bisco’s e-commerce website, bisco will continue to focus on growing personal relationships with customers. In order to continue providing personalized service, bisco is set to open more facilities and expand its sales staff in 2015. In fact, bisco has already opened a new facility in South Florida this year and is slated to open additional facilities in British Columbia and South Carolina in the coming months.

bisco industries Ranked Among Top 25 Global Electronics Distributors

Global Purchasing has officially released it’s 2015 Top 50 Electronics Distributors list. Global Purchasing’s annual list is compiled through a combination of self-reporting and available public records. Using this information Global Purchasing ranks distributors based on their global sales in US dollars.

bisco industries is proud to rank 20th on the 2015 top distributor list. In fiscal 2014 (September to August) bisco industries saw revenue of $136.8 million topping prior year by over $15 million. Among bisco’s top growth areas were the printed circuit board (PCB), electronic component, and communications equipment industries.

Outlook for 2015

bisco industries anticipates continued growth in 2015 and is focused on investing in business technology and personnel. In his interview with Global Purchasing, bisco’s vice president of sales and marketing, Zach Ceiley, explained, “Making sure we’re ready to service that sector of the business community that chooses to interact with their suppliers [online]—that’s important to us”. While prioritizing improvements on bisco’s e-commerce website, bisco will continue to focus on growing personal relationships with customers. In order to continue providing personalized service, bisco is set to open more facilities and expand its sales staff in 2015. In fact, bisco has already opened a new facility in South Florida this year and is slated to open yet another facility in British Columbia in the coming months.

To learn more about the industry outlook for 2015 read the entire article from Global Purchasing.

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