Arrow closes deal for Illinois manufacturer
Arrow Electronics
Melville-based Arrow Electronics Inc. has closed on its purchase of an Illinois wireless and radio-frequency products maker, a company with a strong sales operation in the Asia-Pacific region.
The acquired company is the RF Wireless and Power Division of Richardson Electronics Ltd., known as Richardson RFPD.
RFPD sells equipment for infrastructure and wireless networks, power management and alternative energy markets.
Its customers are in the wireless, digital broadcast, military, aerospace and satellite communications industries.
"Richardson RFPD is one of the few companies in the industry with the ability to design, assemble, manufacture and test an entire system," said Arrow chief executive Michael J. Long.
Richardson RFPD will become a separate operating unit of Arrow Electronics, and its headquarters will remain in LaFox, Ill. It has about 400 employees. Total sales were more than $350 million for the most recent full fiscal year, ended May 29.
'It's personal to me' The law would require businesses to have proper state licensing, prove that their employees are paid and ban staff from living at the spas or sleeping there overnight. Repeat offenders could face penalties up to $25,000. NewsdayTV's Shari Einhorn has more.
'It's personal to me' The law would require businesses to have proper state licensing, prove that their employees are paid and ban staff from living at the spas or sleeping there overnight. Repeat offenders could face penalties up to $25,000. NewsdayTV's Shari Einhorn has more.
