StockNews.AI
ARW
StockNews.AI
139 days

Arrow Electronics and Ohmite Announce Strategic Distribution Agreement

1. ARW expands product offerings via a new distribution agreement with Ohmite. 2. The deal enhances ARW's access to power resistor solutions for key industries.

2m saved
Insight
Article

FAQ

Why Bullish?

The partnership with Ohmite could lead to increased sales and market share, similar to past collaborations that boosted product portfolios and revenues for Arrow.

How important is it?

The collaboration likely signifies growth potential, which could attract investor interest and positively impact ARW's stock performance.

Why Short Term?

Market response to the announcement may drive immediate interest and sales, akin to prior distribution agreements that resulted in short-term revenue jumps.

Related Companies

CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics (NYSE:ARW) and Ohmite have established a distribution agreement that will expand the reach of Ohmite's power resistor solutions to Arrow's global customer base. This arrangement will enable customers to purchase Ohmite's components through Arrow. Ohmite is a manufacturer of power resistors, celebrating their 100th anniversary in 2025. Providing solutions for industries including transportation, industrial, energy and aerospace, Ohmite manufa.

Related News