Arrow Electronics Increases Processing Capacity 500 Percent at Flagship Ohio Value Recovery Facility
May 18 2016 - 9:30AM
Business Wire
Arrow Electronics, Inc. (NYSE: ARW), a global leader in IT asset
disposition, today announced it upgraded its Columbus, Ohio-area
value recovery facility, adding state-of-the-art automated
equipment and a new layout to further increase processing
efficiency and chain-of-custody security. As a result of the
upgrades, the facility’s IT asset processing capacity has increased
500 percent.
“Arrow continues to guide innovation forward in the IT asset
disposition industry with state-of-the-art processing that creates
a more efficient flow of IT assets through its best-in-class value
recovery process. Continuous process improvements like these help
our clients recoup the value of their disposed assets and get
repurposed products to market faster,” said Steinar Aune, director
of North American operations for Arrow’s value recovery
business.
Arrow’s value recovery business works with customers around the
world to securely refurbish computers, servers, smartphones,
printers and other electronic devices for additional use, or
repurpose their still-valuable component parts for other uses.
Whenever possible, Arrow emphasizes extending the life of these
devices by selling them, redeploying them within organizations or
donating them.
The 400,000 sq. ft. Columbus-area facility was already one of
the largest IT asset disposition facilities in the world and
Arrow’s flagship processing facility in North America. As a result
of the upgrades, IT assets now move along eight fully automated,
straight-line conveyor systems where different activities are
performed to test, inspect, erase data, install software and
prepare assets for resale. The straight-line process flow requires
minimal touch points, providing a secure chain-of-custody and
resulting in a fast, efficient refurbishment process.
“Arrow is proud to lead the sea of change that is occurring in
the IT asset industry by raising the bar in all parts of our
operations and services—delivering five years out today,” said Joep
van Loon, vice president and North American general manager of
Arrow’s value recovery business.
The upgrades also increased the facility’s capacity to handle
the growing influx of smartphones, tablets and other mobile devices
that companies and organizations want to responsibly refresh. Most
mobile device trade-in services don’t offer the enterprise-level
data destruction needs that Arrow’s value recovery business is
uniquely equipped to address. The facility also houses a processing
center for Arrow’s reverse supply chain solutions business.
An open house will be held on June 21st at the facility to
showcase the renovations. Arrow made similar upgrades to its
Dallas-area value recovery facility last year.
About Arrow Electronics:
Arrow Electronics is a global provider of products, services and
solutions to industrial and commercial users of electronic
components and enterprise computing solutions. Arrow serves as a
supply channel partner for more than 100,000 original equipment
manufacturers, contract manufacturers and commercial customers
through a global network of more than 460 locations serving over 85
countries.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160518005137/en/
Arrow Electronics, Inc.Meghan Macdonald,
303-824-4589mmacdonald@arrow.com
Arrow Electronics (NYSE:ARW)
Historical Stock Chart
From Mar 2024 to Apr 2024
Arrow Electronics (NYSE:ARW)
Historical Stock Chart
From Apr 2023 to Apr 2024