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Future Designs, Digi-Key reach dealLocal company expects sales jump of up to 300%
Wednesday, August 09, 2006
From staff reports Huntsville Times Huntsville-based Future Designs Inc. has signed a global distribution agreement with Digi-Key Corp., a distributor of electronic components. FDI is a design and technical services company founded in 1989, specializing in embedded product design and development. According to FDI, the agreement is not for a specific dollar amount but is a broad-based distribution and stocking agreement. FDI said it expects to increase sales by as much as 300 percent this year alone by expanding its customer base with Digi-Key. The company said it expects to hire several additional engineers and technical support personnel over the next few months. Minnesota-based Digi-Key ships products to more than 140 countries around the globe. "Having our products available through Digi-Key greatly expands our presence with the worldwide engineering community," said Kent Lowman, Future Designs director. "The Digi-Key catalog and Web site are critical elements on every design engineer's desk, and this agreement should help extend our offering of development tools to support additional Philips products." | |