LATEST NEWS

Construction Set to Begin on Digi-Key’s 1-Million-Square-Foot Product Distribution Center Expansion in Thief River Falls

Digi-Key Electronics, a global electronic components distributor, will begin construction of its new facility in Thief River Falls next month. The four-story product distribution center will provide an additional 2.2 million square feet of usable space to the company’s existing Thief River Falls facilities, and will occupy an overall footprint of 1 million square feet. The initial investment is projected at more than $300 Million.

Digi-Key reported 26% growth worldwide in 2017, with sales topping $2.3 Billion, exceeding the $2 Billion mark for the first time in the company’s history. The company’s success, driven by its employees’ dedication to customer service, has allowed Digi-Key to add over 170 employees in 2017, 140 in Thief River Falls.

“Our original commitment was to generate 100 new jobs in Thief River Falls per year over 10 years, above and beyond our 2017 base of 3,200, which was conservative, so we are exceeding our projected employment already,” stated Rick Trontvet, Vice President of Administration.

Dave Doherty, President and Chief Operating Officer at Digi-Key Electronics, stated, “As our worldwide revenue growth continues, Digi-Key will need to add more team members in Thief River Falls to keep pace with our growth that has been more than double of others in our industry.”

Digi-Key’s new expansion will contribute an additional $500 million in economic output, and will bring 250-300 construction employees to Thief River Falls to construct and operationalize the new facility over three years.

Lihi

Recent Posts

NewPhotonics® and Tower Semiconductor Begin High-Volume Shipments of Laser-Integrated, Serviceable Optical Engine PICs for Scale-Out and Scale Up AI Interconnect

Companies commercialize scale manufacturability of 800G to 1.6T PICs in external pluggable and CPX MSA…

13 hours ago

Samtec 1.0 mm Connectors Capable of DC to 120 GHz

Samtec, Inc., the service leader in the connector industry, announces the release of its 1.0…

1 day ago

LaFontaine Automotive Group Partners with UVeye to Offer Complimentary AI Vehicle Safety Scans Across Michigan

LaFontaine’s 40+ locations across Michigan will bring UVeye’s “MRI for Cars” technology closer to drivers…

3 days ago

Startup ChikChak Market Launches Israel’s first Reels-Based Marketplace for Secondhand Goods

After 3 years of development by alumni of TikTok and Google, the Israeli startup is…

3 days ago

Analog Devices to Acquire Alif Semiconductor for $1.35 Billion, Expanding Its Edge AI Platform

The planned acquisition will combine Analog Devices’ sensing, signal-processing, power and connectivity technologies with Alif’s…

4 days ago

Kyocera and Tohoku University Integrate Optical Isolator Directly on Silicon Photonics

A locally applied laser-annealing process enabled the researchers to crystallise magneto-optical garnet without exposing the…

4 days ago