Enter Newark InOne

Newark Electronics changes trade name as Premier Farnell aligns global marketing, distribution businesses

Chicago Ñ March 3, 2003 Ñ Premier Farnell, a global distributor of electronic, maintenance, repair and operations (MRO) and specialist products and services, today announced that its Chicago-based business, Newark Electronics, is changing its trade name to Newark InOne.

In announcing the name change, Premier Farnell said it is maximizing the global strengths of its marketing and distribution businesses by aligning them under one family name InOne.

"This move highlights a key point in the evolution of the organization, as it continues to invest in understanding and meeting the individual needs of its customers anywhere in the world," the company said in a statement. "InOne businesses work closely together, sharing best practices and capabilities to supply more products and tailored services than their respective competitors."

"We are taking our collective global power and resources and deploying it locally and appropriately to each of our customers," said Mike Ruprich, CEO of Newark InOne. "Through ongoing research, we will continue to learn how to make our customers' professional lives easier, and will work towards providing them with real solutions to meet those needs."