TTI, Inc.
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| Subsidiary | |
| Industry | Electronics |
| Founded | 1971 in Fort Worth, Texas, United States |
| Headquarters | Fort Worth, Texas, United States |
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Key people
|
Paul Andrews, Jr. (CEO & Founder) |
| Products | Electronic components |
| Revenue |
 US$216 million (2005) |
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Number of employees
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3,800+ |
| Parent | Berkshire Hathaway |
| Website | www |
TTI, Inc. is a distributor of passive, interconnect and electromechanical components. The company was founded by Paul Andrews in 1971. As a former parts buyer for General Dynamics, a military aircraft manufacturer, Andrews developed a specialized inventory with emphasis on capacitors, resistors and connectors and combined it with supply chain management systems.
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. Though it began as a very small entrepreneurial endeavor, TTI is now ranked fifth in North American electronic distribution sales and eighth in global electronic distribution sales, based on 2005 sales.
Locally, TTI is the second largest private company in Tarrant County.
TTI's main operations are based in Fort Worth, Texas. Area facilities include the 270,000-square-foot (25,000 m2) corporate headquarters and passives operation, a 200,000-square-foot (19,000 m2) connector warehouse, assembly and modification center.TTI also has operations in Europe, including a new 165,000-square-foot (15,300 m2) multi-level distribution center in Maisach-Gernlinden near Munich, Germany, which opened in mid-2005. TTI expanded its Asia facilities in Singapore, Hong Kong, Taiwan and China.
In 2000, TTI acquired Mouser Electronics[1], a broad-line catalog distributor based in Mansfield, Texas. Reed Business Publications listed both TTI and Mouser Electronics in their "50 to Watch" list in Movers & Shakers of 2003.
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Wikipedia