The expansion, announced at electronica 2018 in Munich, will support the company’s business, which is growing at a double-digit rate.
Construction will soon begin on a new 127,500 sqft distribution centre extension, which follows a previous large expansion that included more warehouse space and the addition of an employee fitness centre and medical clinic, all completed within the last two years. Mouser also plans to add a new building on the company’s 78-acre campus to house customer service teams. The distributor has approximately 1,800 employees at its corporate headquarters and more than 2,300 employees globally.
"We are starting to view the building expansion as a continual process to support the growth that we have been experiencing for a long time. Every year is a new record for us, and yet we must have freely available stock; that’s our business model. We are committed to holding over one million parts in stock by the end of 2018 and continue ramping in 2019 and beyond. Inventory requires space, so we’ll just keep adding — luckily there’s plenty of room in Texas," explains Mark Burr-Lonnon, Senior Vice President, Global Service & EMEA and APAC Business.
Mouser will ship approximately 8 billion pieces in 2018 and plans to end the year with projected revenues of approximately $1.85 bn. The company continues its upward sales trajectory and has seen record-setting, double-digit growth in all regions: Asia is up 47 percent; EMEA, 46 percent; and the Americas, 35 percent.
Mouser will also add four new branch offices — in Vietnam, Philippines, Poland and Brazil — to its existing 23 locations.