Smith & Associates Gains Local and Industry Recognition
Smith ranks in industry and community lists of largest, top companies
(HOUSTON, TEXAS) June 29, 2012 - Smith & Associates, the industry leader in global electronics distribution, was recently named to the Houston Chronicle’s listing of Houston’s largest private companies, released June 24. This recognition is the latest in a string of recent news coverage Smith has gained in both community and industry-wide publications.
The Chronicle’s listing, which recognizes Houston’s largest private companies, ranks 93 noteworthy and strong Houston businesses, detailing the type of business, 2011 revenue, total employees, number of Houston-area employees, year founded, and top executive of each ranking company. Out of 93, Smith is securely-situated on this list as the 27th-largest Houston company. With a 2011 revenue of $513 million, 350 employees worldwide (185 of these from the Houston-area), and 28 years in business since its 1984 establishment, Smith holds a significant place among the businesses in its community.
This recognition comes a month after the release of Global Purchasing’s “Top 50 Electronics Distributors 2012” announcement, which provides “a comprehensive list of the largest electronic components distributors doing business in North America.” The article introduces Smith as “new to [Global Purchasing’s] top 10 this year […] coming in at number 10,” in a list that comprises both franchised and independent distributors (Kickham).
A May 7th listing released by EE Times/EBN, “Top Independent Distributors” (p. S24), provides further focused industry recognition: this alphabetical listing highlights the industry’s 32 leading independent distributors. As the top independent distributor of semiconductors and electronic components, Smith is listed alongside other companies distinguished in the field.
“We’re pleased to be recognized among other significant companies in our community and industry,” said Marc Barnhill, Smith’s Chief Trading Officer. “In a city as major and economically-bustling as Houston, it’s an honor to be recognized as one of the top players, and even more of an honor to be regarded as a vital part of our international industry. With Smith’s global reach, sourcing and market expertise, and commitment to quality, sustainability, and constant growth, we are looking forward to seeing what further levels of achievement we can reach.”
About Smith & Associates
Founded in Houston in 1984, Smith & Associates is a leader in the independent distribution of semiconductors and electronic components to electronics and high tech manufacturers. Smith offers shortage sourcing for commodity and obsolete parts, innovative purchasing and inventory management solutions, redistribution of excess inventory, and component stocking for warranty and repair programs.
A privately held company, Smith & Associates employs more than 350 people worldwide, with annual revenue in excess of US $500 million. Smith's regional hubs in Houston, Hong Kong and Amsterdam are ISO certified and IDEA compliant. In addition, sales and purchasing offices are located in Silicon Valley, Barcelona, Guadalajara, New York, Shanghai, Shenzhen, Seoul, Singapore, Taipei, Denver, and Penang. For more information, see http://www.smithweb.com/ or to reach a Smith representative 24 hours a day, please call: 1.800.HOUSTON or +1 713.430.3000.
Smith & Associates, V.P. of Marketing
+1 415.738.7718 x4