A.E. PETSCHE CO., INC.
FOR IMMEDIATE RELEASE
A.E. Petsche Recognized By National Publications As A Leading Electronic Component DistributorA.E. Petsche Industry Recognition Attributed to Extraordinary Company Growth of 45 Percent in 2004 Dallas/Fort Worth, Texas-based A.E. Petsche Co., Inc. moved up in the ranks, from No. 23 to No. 21, in the “Top 25 North American Electronic Component Distributors” list published by Electronic Business. Also recognized by Purchasing magazine, A.E. Petsche ranks fourth in “Leaders in Interconnect Sales,” fifth in “Top Distributors by Sales Growth” and maintains its No. 18 spot on the Purchasing “Top 75 Electronics Distributors” list. “Favorable growth in the general aviation industry, combined with increased inventory and staffing overseas, better penetration into the military marketplace and the successful launch of our connector products helped A.E. Petsche attain growth far greater than the industry average,” said Glenn Davidson, A.E. Petsche CEO. The “Top Distributors by Sales Growth” ranking by Purchasing – noting A.E. Petsche’s 33.3 percent growth and $100 million earnings – is based on sales in the United States and does not take into account sales overseas. A.E. Petsche saw a 45 percent growth in revenue worldwide, attributing to $121.5 million in total sales. “Our unique just-in-time management services, the expansion of our product offering into new lines and our exceptional service make it easy for customers to choose A.E. Petsche for all interconnect needs,” said Kent Horst, A.E. Petsche president. “We are extremely proud to be ranked among the world’s leading electronic component distributors,” said Horst.
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