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Newark history
Newark company history timeline
The firm was first established in 1934 as Newark Electric, a small shop in Chicago that sold radio parts.
In 1960, the firm became Premier Industrial Corp. when its stock was first offered for public sale.
The next two decades were ones of growth for the company and Premier Industrial entered the lucrative electronics business after it purchased Newark Electronics in 1968.
In 1977, the firm opened a $1.6 million corporate research and development center, where the company tailored its products to customers' needs.
In 1996 the Premier Industrial Corporation was bought by Farnell Electronics which then changed its name to Premier Farnell.
These plans were interrupted temporarily after Premier Farnell CEO, and architect of the merger, Howard Poulson resigned, leaving Morton Mandel to assume the his role as interim CEO. By 1999, Mandel returned to his philanthropic work and Premier Farnell's sales were $1.17 billion.
In 2005 Premier Farnell's United States headquarters were located at 7061 E. Pleasant Valley in INDEPENDENCE.
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Newark competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Parker Hannifin | 1917 | $19.9B | 57,170 | 741 |
| Librato, Inc. | - | $13.0B | 63,800 | - |
| Corsair | 1994 | $1.3B | 800 | 69 |
| Zebra Technologies | 1969 | $5.0B | 8,800 | 133 |
| Vishay | 1962 | $3.2B | 20,900 | 87 |
| NCR | 1884 | $2.8B | 36,000 | 73 |
| Semiconductor Components Industries, LLC | 1999 | - | 9,570 | - |
| Control4 | 2003 | $272.5M | 700 | - |
| Micron Technology | 1978 | $30.8B | 49,000 | 630 |
| Allied Electronics & Automation | 1928 | $320.0M | 800 | - |
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Zippia gives an in-depth look into the details of Newark, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Newark. The employee data is based on information from people who have self-reported their past or current employments at Newark. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Newark. The data presented on this page does not represent the view of Newark and its employees or that of Zippia.
Newark may also be known as or be related to Newark, Newark Corporation, Newark Element14, Newark element14 and Premier Farnell Limited.