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Newark (company)

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Newark
Company typeSubsidiary
IndustryElectronic components
Founded1934
HeadquartersChicago, United States
Area served
North America
Key people
Uma Pingali, President - Americas
Number of employees
1,500
ParentPremier Farnell
Websitenewark.com

Newark, also called Newark Electronics, Newark element14, Newark Corporation, or Newark (an Avnet Company), is a Chicago-based electronic components distribution company serving North America and parts of Central and South America. Founded in 1934 as Newark Electric, a small Chicago shop selling radio parts, the company is now a subsidiary of catalog distributor Premier Farnell (part of Avnet) and is the sixth largest electronics distributor worldwide.[1][2]

History

The firm was first established in 1934 as Newark Electric, a small shop in Chicago that sold radio parts.[3] The name Newark pays homage to Newark, New Jersey.[3] The company published its first paper catalog in 1948. Over the course of the next three decades, Newark Electronic's phonebook-sized catalog grew to be a widely recognized hallmark within the electronic components industry, occasionally being likened to “the bible of the industry.” [4]

In 1968, Newark was acquired by the Premier Industrial Corporation and became the corporation's Electronics Distribution Division.[5] In 1996 the Premier Industrial Corporation was bought by Farnell Electronics which then changed its name to Premier Farnell.[5]

Operations

Newark element14 markets and distributes electronic components and test equipment for engineers and maintenance professionals throughout the US, Canada and Mexico. Products include connectors, relays, switches, semiconductors, sensors, test equipment and tools from companies including Texas Instruments, 3M, Belden, Freescale and Honeywell, among others. Newark element14 is headquartered in Chicago, but its warehouse, used to serve customers throughout the Americas, is based in Gaffney, South Carolina.[6] The company is one of only two U.S. distributors of the Raspberry Pi microcomputer.[2] In September 2014 the company moved its operations from 4801 N. Ravenswood Ave. to a high-rise in the Chicago Loop at 300 S. Riverside Plaza.[7][8]

element14 Community

Newark element14 is home to the element14 Community, an online information hub and forum for electrical engineers.[9]

See also

References

  1. ^ Victoria Fraza Kickham (30 April 2013). "Top 50 Distributors 2013". Global Purchasing. Retrieved 6 October 2013.
  2. ^ a b Sandra Guy. "How A 79-Year-Old Company Found Itself At The Center Of The Maker Revolution". Chicago Grid. Retrieved 6 October 2013.
  3. ^ a b "We are uniting our brands". Newark element14. Retrieved 2 October 2013.
  4. ^ Barbara Jorgensen (16 October 2016). "Newark Electronics: A Retrospective". EPS News. Retrieved 7 August 2018.
  5. ^ a b "Our Company > History". Premier Farnell. Archived from the original on 4 October 2013. Retrieved 2 October 2013.
  6. ^ "Newark Electronics". Manta.com. Retrieved 2 October 2013.
  7. ^ Amina Elahi (8 September 2014). "Newark element14 aims for better collaboration in new office space". Chicago Tribune.
  8. ^ Ryan Ori (8 January 2014). "Electronics distributor bringing 350 jobs to West Loop from Ravenswood". Crain's Chicago Business.
  9. ^ "Development kit prize marks birthday of element14 Community". Electronics News. 19 June 2013. Archived from the original on 24 November 2013. Retrieved 6 November 2013.