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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Arrow Electronics Inc | NYSE:ARW | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
2.25 | 1.80% | 127.14 | 127.94 | 125.72 | 125.84 | 617,535 | 01:00:00 |
Arrow Electronics, Inc. (NYSE: ARW) has upgraded its Dallas Value Recovery facility, adding state-of-the-art automated equipment to further increase processing efficiency and chain-of-custody security. As a result of the upgrades, the facility’s IT asset processing capacity has increased 120 percent.
“The state-of-the-art features we’ve added in Dallas are creating a more efficient flow of IT assets through Arrow’s best-in-class value recovery process,” said Steinar Aune, director of North American operations for Arrow’s Value Recovery business. “As a result, our customers are able to recoup the value of their disposed assets and get repurposed products to market faster.”
Arrow’s Value Recovery business works with its customers to securely refurbish computers, servers, smartphones, printers and other electronic devices for additional use, or repurpose their still-valuable component parts for other uses. Whenever possible, Arrow emphasizes extending the life of these devices by selling them, redeploying them within organizations or donating them.
IT assets in Arrow’s Dallas facility now move along eight fully automated, straight-line conveyor systems where different activities are performed to test, inspect, erase data and prepare assets for resale. The straight-line process flow requires minimal touch points, providing a secure chain-of-custody and resulting in a fast, efficient refurbishment process.
The upgrades also doubled the Dallas facility’s capacity to handle the growing influx of smartphones, tablets and other mobile devices that companies and organizations want to responsibly dispose. Most mobile device trade-in services don’t offer the enterprise-level data destruction needs that Arrow’s Value Recovery business is uniquely equipped to address.
Arrow plans to deploy similar state-of-the-art, automated technology to its other Value Recovery facilities.
To view a slide show of the new automated equipment at Arrow’s Dallas facility, please visit: http://www.arrowvaluerecovery.com/about-us/dallas-tx-itad-facility/.
About Arrow Electronics
Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 460 locations in 56 countries.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151208005973/en/
Arrow ElectronicsMeghan Macdonald, 303-824-4589mmacdonald@arrow.com
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