 | |
| Company type | Subsidiary |
|---|---|
| Industry | Electronics |
| Founded | 1971 in Fort Worth, Texas, United States |
| Headquarters | , |
Key people | Mike Morton, CEO, TTI Inc. Ash Bhuskute, CFO, TTI, Inc. John Drabik, President, TTI IP&E Global Glenn Smith, CEO & President, Mouser Frank Flynn, President, Sager |
| Products | Electronic components |
| Revenue |  US$ 9 Billion (TTI FOS 2023) |
| Owner | Berkshire Hathaway |
Number of employees | 9,000+ (2023) |
| Website | www |
TTI, Inc., is a distributor of electronic components that include capacitors, resistors, connectors, switches, relays, circuit protection, electromagnetics, discrete semiconductors, sensors, RF modules, and antennas.
The company was founded by Paul Andrews in 1971. A former buyer for General Dynamics, the global aerospace and defense company, Andrews developed an approach to electronic component distribution with emphasis on available-to-sell inventory, supply chain programs, and the industry’s first, formal Total Quality Management program.
Andrews served as Chief Executive Officer until his passing in February 2021. Subsequently, 40-year employee and Chief Operating Officer Mike Morton was promoted to the position of CEO.
Originally named Tex-Tronics, Inc., Andrews changed the name to TTI, Inc., in 1973 to avoid a legal dispute involving another company with a similar name.
Founded to serve aerospace and defense equipment manufacturers, the company’s customers now include manufacturers in the transportation, industrial, medical, and communications sectors.[1]
TTI, Inc. and its wholly owned subsidiaries, also known as the TTI Family of Specialists (TTI FOS), Mouser Electronics, Sager Electronics, and Exponential Technology Group employ over 8,000 people at more than 136 locations throughout the Americas, Europe, Asia, and Africa.
TTI's global headquarters is located Fort Worth, Texas, the TTI Family of Specialists maintain over 3.5 million square feet of dedicated warehouse space globally. Over 2.7 million square feet of which is located in the Americas.
European headquarters is located near Munich, Germany; nearly 600,000 square feet of distribution capacity is maintained in Europe.
Asia headquarters is located in Singapore, with distribution centers in Singapore, Hong Kong and China, totaling over 300,000 square feet of distribution capacity.
TTI has seven proximity warehouses located in Mexico: Tijuana, Hermosillo, Chihuahua, Juarez, Acuna, Reynosa, and Guadalajara, with a combined distribution capacity over 100,000 square feet.
TTI is a wholly owned subsidiary of Berkshire Hathaway Inc.[2]
- ^ "2010 top 25 global distributors | EE Times".
- ^ Freifeld, Karen (2020-12-02). "U.S. firms drawn into Trump admin's effort to identify firms with ties to Chinese military". Reuters. Retrieved 2020-12-03.