Digi-Key Celebrates 50 Years of Powering Innovation Around the World

Digi-Key Celebrates 50 Years of Powering Innovation Around the World

Thief River Falls Mayor Proclaims April 3rd "Digi-Key Day"

Digi-Key Electronics, a global distributor of broad-based, fast-shipping, off-the-shelf electronic components and automation products, today celebrates its 50th anniversary. To commemorate this milestone, Thief River Falls Mayor Brian Holmer proclaimed April 3, 2023, “Digi-Key Day in Thief River Falls . ” Digi-Key team members will be recognized and commemorate this milestone during a week-long celebration of gratitude and at company events throughout the year.

On April 3, 2023, Digi-Key celebrated 50 years of driving innovation around the world.

"As we celebrate this landmark year, we want to thank our team members, customers, partners, suppliers and our Thief River Falls community," said Dave Doherty, president of Digi-Key. For 50 years, our mutual success has been driven by your passion, dedication and loyalty. Together we have grown and excelled, knowing that a better future awaits us all.”

In the early 1970s, Dr. Ronald Stordahl discovered a promising group of entrepreneurs and inventors who, like himself, needed small quantities of various electronic components that would eventually fuel the growth of electronics enthusiasts. technological revolution, thereby boosting the technological revolution in the commercial market. Over the past 50 years, Digi-Key has never forgotten its original aspirations because of the hard work, commitment and entrepreneurial spirit of Digi-Key's more than 5,000 employees, more than 929,000 customers, more than 2,400 suppliers and countless partners around the world. Today, Digi-Key not only distributes electronic components but also provides digital solutions and tools to engineers, designers and manufacturers in more than 180 countries.

Digi-Key generated sales of $5.1 billion in 2022 and processes and delivers more than 6.5 million orders worldwide annually. Digi-Key also opened its 2.2 million square foot Product Distribution Center Expansion (PDCe), one of the largest warehouses in North America, to expand capacity and keep pace with soaring demand. As order volumes continue to grow and the number of new products to serve customers' design and manufacturing needs continues to increase, PDCe is designed with growth in mind, leaving ample room for expansion.

Digi-Key team members always have their finger on the pulse of the industry, reacting to changing needs and offering a broad range of components to drive the production of the future. Digi-Key will play a critical role in providing components to industries such as healthcare, automotive, energy, 5G and IoT as they continue to drive innovation in 2023 and in the years to come.

Thief River Falls Mayor Brian Holmer said: "We are excited to celebrate Digi-Key's 50th anniversary in the company's hometown of Thief River Falls, and we are proud to see the company grow from a little-known company. ’s founder has grown into one of today’s leading global companies, Digi-Key has demonstrated continued support and dedication as a member of our community, employing more than 4,200 people locally from Thief River Falls and beyond. employees in the surrounding area. Digi-Key's future is bright and we are very excited about its development over the next 50 years and beyond."