Advanced MP Technology, Inc. (AMPT), an industry leader with over 40 years of experience in the distribution of electronic components and provider of supply chain services, announced today the acquisition of EarthTron, an unlimited distributor specializing in sourcing and purchasing excess and obsolete electronic components.
This investment is a natural fit within the global expansion strategy of Advanced MP Technology, by way of offering broad supply chain services globally and regionally to the electronics industry. “The acquisition of EarthTron will expand our market coverage in the southeast US region and create new opportunities for AMPT’s global teams,” commented Homey Shorooghi, CEO at Advanced MP Technology. According to Ms. Sam Tombs, AMPT’s America Sale Director, “This acquisition also adds to our customer reach capacity and strengthens AMPT’s geographic presence to support our customers with supply chain requirements in this dynamic market.”
John Pallazola, CEO at EarthTron, will be managing the new operation based in Tampa, Florida. “We are excited about this new chapter and we are looking forward to providing world-class comprehensive supply chain services to our customers, given Advanced MP Technology’s highly respected reputation,” added Mr. Pallazola.
AMPT Florida office will be operational on January 15th, 2018. For more information, please contact 800-492-3113.