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Nu Horizons Electronics Corp

 
Hoover's Profile: Nu Horizons Electronics Corp.
(NASDAQ (GM):NUHC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Nu Horizons Electronics Corp.
70 Maxess Rd.
Melville, NY 11747
NY Tel. 631-396-5000
Toll Free 888-747-6846
Fax 631-396-5050

Type: Public
On the web: http://www.nuhorizons.com
Employees: 741
Employee growth: (11.0%)

Nu Horizons Electronics sees new electronic components on the horizon. The company distributes active components (microprocessors, memory chips, diodes, transistors) from manufacturers such as Atmel, IDT, Marvell, ON Semiconductor, STMicroelectronics, Vitesse Semiconductor, and Xilinx. Subsidiary NIC Components is the exclusive North American distributor of passive components (capacitors and resistors) made by Japan's Nippon Industries. Nu Horizons also offers supply chain management services, such as warehousing, inventory control, purchasing, and transportation, through its Titan Supply Chain Services subsidiary. About two-thirds of sales are to customers in North America; Nu Horizons is expanding overseas.

Key numbers for fiscal year ending February, 2009:
Sales: $751.0M
One year growth: 0.5%
Net income: ($9.2)M

Officers:
Chairman and Interim CEO: Arthur Nadata
Interim President, SEVP, COO, and Director; President, NIC Components: Richard S. (Rich) Schuster
EVP, CFO, Treasurer, and Director: Kurt Freudenberg

Competitors:
Arrow Electronics
Avnet
Future Electronics

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