February, 2017 – TTI, Inc., − TTI, Inc., a world leading specialist distributor of electronic components, has announced that it had been named as European Distributor of the Year 2016 by Honeywell Sensing & IOT. The award recognizes the ongoing contribution that TTI has made to Honeywell‘s growth strategy, by frequently achieving double digit growth including an outstanding performance in 2016 of >60% sales growth.
Commented Harry Joch Channel Leader Europe at Honeywell: "We view TTI as a global player, and I am sure that as a result of the great support, high efficiency and excellent team work they provide we can achieve even more in the next couple of years. I would like to highlight also the great leadership at TTI’s European HQ in Munich, Germany, which has enabled a very close relationship to be developed between our two companies. Furthermore, TTI’s exceptional logistics support our direct customers by providing a great HUE (Honeywell User Experience)."
Added Ros Kruger, Director, Supplier Marketing Europe - Emech, Sensors and Power: "This award gives us great pleasure. 2016 saw significant growth in the Sensor area and we have also built up our New Business Opportunities funnel with Honeywell with many large design projects poised for conversion during 2017. I would like to thank Honeywell and the TTI team for this success and we look for continued growth through 2017."
TTI, Inc., a Berkshire Hathaway company, is one of the world’s leading specialist distributors of passive, connector, electromechanical, discrete, power and sensor components. TTI’s philosophy is "Lead by Design", and the company differentiates itself by focusing on people, parts and process. TTI in Europe strives to be the distributor of choice for customers and suppliers alike by introducing new product technologies and by stocking broad and deep inventory across its franchise base. TTI’s sophisticated inventory management system ensures the ability to service changes in demand due to fluctuating markets and supply chains. For more information about TTI, please visit www.ttieurope.com.