MELVILLE, N.Y. — Arrow Electronics, Inc. (NYSE:ARW) is expanding its global distribution agreement with Carclo Technical Plastics to distribute its optical products in North America and Asia.
Carclo Technical Plastics is a global manufacturer of discrete optics and modular optical systems with facilities in Europe, the Americas and in Asia. Carclo products include electro-optic and Fresnel lenses, reflectors, TIR optics, and multi-element modular optical systems. Arrow's existing agreement with Carclo includes the EMEA regions.
Carclo designs, develops, and manufactures a broad range of discrete optics, in addition to modular optical solutions for street and wide-area lighting, among others. Under the expanded agreement, Arrow can offer a broader optical product range for the design and manufacture of solid-state lighting, as well as drivers and connectors, power and thermal management solutions, and LEDs.
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Congratulations to Arrow and its management to have strike a business agreement with Carclo. I believe that is an added advantage to semiconductor distribution lane for Arrow and entire supply chain community. I hope this will surely bring in more success in terms of growth in sales globally.