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 an authorized, specialty distributor of interconnect, passive and electromechanical (IP&E) components and the distributor of choice for industrial and consumer electronic manufacturers worldwide. Broader and deeper inventory, leading-edge products and custom supply chain solutions have established TTI as the leading specialist in electronic component distribution. Globally, the company maintains 1.2 million cubic feet of dedicated warehouse space containing over 850,000 component part numbers. Along with its subsidiaries, Mouser Electronics and Sager Electronics, TTI employs more than 4,300 employees and is represented in over 100 locations throughout North America, Europe and Asia. For more information about TTI, visit www.ttiinc.com