Avnet, Inc. Celebrates 45th Anniversary on the FORTUNE 500 List of Largest Companies

Avnet, Inc. Celebrates 45 th Anniversary on the FORTUNE 500 List of Largest Companies

Tops 2013 FORTUNE 500

PHOENIX--(BUSINESS WIRE)-- FORTUNE magazine announced today that global technology distributor Avnet, Inc. (NYSE:AVT) ranked No. 117 on the 2013 FORTUNE 500 list of largest U.S. companies, with $25.7 billion in sales in fiscal 2012. This is Avnet's 45th anniversary of being featured on this distinguished list of companies. In addition, Avnet was recently named No. 1 by FORTUNE on its "FORTUNE'S Most Admired" list in the Wholesaler: Electronics category for the fifth year in a row.


"To be recognized on the FORTUNE 500 for forty-five years is a reflection of Avnet's long-term commitment to profitable growth and creating shareholder value," said Rick Hamada, CEO of Avnet, Inc. "Our dedicated employees, and their commitment to accelerating the success of our customers and supplier partners, are the reason we continue to be included on this notable list of companies."

Companies are ranked by total revenues for their respective fiscal years. Avnet debuted on the FORTUNE 500 in 1968, placing 467th with revenue just over $146 million. For more information about the list, please visit http://fortune.com/500.

Follow Avnet on Twitter: @Avnet
Connect with Avnet on LinkedIn or Facebook: http://www.linkedin.com/company/2572 or facebook.com/avnetinc
View videos from Avnet and its business partners: http://www.avnetondemand.com/
Read more about Avnet on its blogs: http://blogging.avnet.com/

About Avnet, Inc.

Avnet, Inc. (NYSE:AVT), a Fortune 500 Company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2012, Avnet generated revenue of $25.7 billion. For more information, visit www.avnet.com.

All company and product names may be trademarks of the respective companies with which they are associated.



Brodeur Partners, for Avnet
Marcia Chapman, 480-308-0284
mchapman@brodeur.com
or
Avnet, Inc.
Michelle Gorel, 480-643-7653
Vice President, Public Relations
michelle.gorel@avnet.com

KEYWORDS:   United States  North America  Arizona

INDUSTRY KEYWORDS:

The article Avnet, Inc. Celebrates 45th Anniversary on the FORTUNE 500 List of Largest Companies originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

Investing in Startups

The lucrative and risky world of startups.

View Course »

What is Short Selling?

Make a profit when stocks prices fall.

View Course »

Add a Comment

*0 / 3000 Character Maximum