Fort Worth, TX – January 21, 2013 − TTI, Inc., today announced the company has completed all necessary proceedings to secure Foreign Trade Zone, (FTZ) activation at its connector and passives warehouse locations in Fort Worth, Texas.
As of December 28, 2012, all on-hand inventories reside in a secure, access-restricted area under the supervision of U.S. Customs and Border Protection, ensuring the highest level of supply chain security and inventory control to TTI’s customers.
Gary Wash, TTI Director of Trade Compliance, commented on the FTZ activation. "Combined with TTI's certification for Customs Trade Partnership Against Terrorism, (C-TPAT), program, materials being managed by TTI are assured of best practices when it comes to global supply chain security. FTZ also provides economic benefits such as the ability to ship to a customer's FTZ duty-free, as well as enhanced supply chain efficiency and performance. We see this adding up as a big win for our customers."
TTI, Inc., a Berkshire Hathaway company, is a specialty distributor of passive, interconnect, electromechanical and discrete semiconductor components. TTI is the distributor of choice for industrial and consumer electronics manufacturers worldwide. TTI's extensive product line includes: resistors, capacitors, connectors, potentiometers, trimmers, magnetics, circuit protection, filters, electromechanical and discrete semiconductor devices. TTI is recognized as the industry leader in service and quality and provides a broad array of supply chain services to its customer base. TTI along with its subsidiary Mouser Electronics, employs 3,800 with 100 locations throughout North America, Europe and Asia. TTI's previous acquisitions include Mouser Electronics, Sager Electronics, Mateleco, France, Net-Aye, Israel, Campbell Collins, U.K., and NPCS Autotronics, China. For more information about TTI, visit www.ttiinc.com.