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Arrow Electronics Lifts Processing Capacity 500% At Its Ohio Value Recovery Facility


Arrow Electronics, Inc. (NYSE: ARW) disclosed that it upgraded its Columbus, Ohio-area value recovery facility thus adding state-of-the-art automated equipment and a new layout to further increase processing efficiency and chain-of-custody security. According to the company, due to these upgrades, the facility's IT asset processing capacity increased 500 percent.

The company's North American operations Director for Value recovery business, Steinar Aune, said, "Arrow continues to guide innovation forward in the IT asset disposition industry with state-of-the-art processing that creates a more efficient flow of IT assets through its best-in-class value recovery process. Continuous process improvements like these help our clients recoup the value of their disposed assets and get repurposed products to market faster."

Similarly, its North American VP and GM for value recovery unit, Joep van Loon, reacted to say, "Arrow is proud to lead the sea of change that is occurring in the IT asset industry by raising the bar in all parts of our operations and services—delivering five years out today."

The company indicated that its value recovery business worked with customers throughout the world to securely refurbish computers, servers, smartphones, printers and other electronic devices for additional use, or repurpose their still-valuable component parts for other uses. The company added that whenever possible, it emphasized extending the life of these devices by selling or redeploying them within organizations or donating them.

Arrow said that the upgrades also boosted its facility's capacity to manage the growing influx of smartphones, tablets and other mobile devices, which companies and organizations want to responsibly refresh.

Shares of the company traded 0.64 percent higher on Wednesday.

Posted-In: News


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