Company Profile

Digi-Key Electronics

Distributes electronic components primarily to technology, med-tech, and automotive companies around the world.

Company Information
All of Inc.'s Best in Business honorees started 2020 as private, U.S.-based, independent (non-subsidiary) companies and, in the opinion of Inc.'s editors, made a best-in-class impact (on society, the environment, their industries, their immediate communities, or even the lives of their workers) in 2020.
Data as of Publication on Dec 11, 2020
Industry
Business Services
Best In Business: Enduring Impact years 15+ years
Year Founded
1972
Location
Thief River Falls, Minnesota
Leadership
Ronald Stordahl
Data as of Publication on Dec 11, 2020
Company Description

After transitioning 4,000 employees to remote work, this $3 billion company worked quickly to create a Covid-safe pipeline that it shared with contemporaries. As the country struggled with a ventilator shortage, Digi-Key worked with the University of Minnesota to design and produce the Coventor, a simple, open-source, low-cost ventilator the size of a cereal box that could be replicated and distributed to hospitals treating Covid-19 patients. Digi-Key's team focused on addressing supply chain issues and locating the necessary components within a couple of weeks. The Coventor was the first ventilator approved for use under the FDA's emergency authorization program. In addition, the company has supplied necessary components for medical devices on the frontlines.