Friday, March 30, 2007

Avnet Expands Distribution Deal with SL Power

Phoenix, Arizona-based Avnet Inc., an electronic components distributor, has amplified its franchise agreement with power equipment manufacturer SL Power Electronics, Avnet reported yesterday. Under the revised contract, Avnet's Electronics Marketing Americas group will now distribute SL Power’s Condor-brand power supply products in addition to the various Ault-brand products already available. SL Power, a subsidiary of SL Industries Inc., manufactures AC/DC and DC/DC power supplies ranging from 6 watts to more than 6,000 watts and is headquartered in Ventura, Calif. Avnet, which has more than 250 locations and 100,000 customers in 70 countries, reported $14.25 billion in gross revenues for the fiscal year ended July 1, 2006.