TTI Inc., Fort Worth TX, has acquired Astrex Electronics, a privately held connector distribution specialist headquartered in Plainview NY.
“I’m very pleased to be bringing Astrex Electronics into the fold of the TTI family of companies,” says Mike Morton, president TTI Americas. “I am confident that Astrex’s 50 years of focus and success in the military/aerospace connector marketplace will prove to be of exceptional benefit to the customers of all the TTI companies.”
Astrex will operate independently of the TTI organization until such time as system integration is complete. McGuire will report directly to Morton beginning immediately and subsequent to the integration.
“Joining an organization with such well known commitment to connector products, customer service, technical expertise and resources will allow us to provide our customers with an even higher level of service. We look forward to being a part of the culture and values TTI is known for,” says Astrex president Mike McGuire.
Paul Andrews, TTI founder and chief executive officer, added, “Astrex’s long history of focus and commitment to their core competency is perfectly and culturally aligned with ours at TTI; to be the best, not the biggest specialty distributor of electronic components in the industry.”