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Berkshire Hathaway Inc. is an American multinational conglomerate holding company with its headquarters in Omaha, Nebraska, United States. The company's primary business is insurance, which it uses to invest in various subsidiaries, equity positions, and other securities. Berkshire Hathaway operates in diverse sectors, including insurance, utilities, energy, manufacturing, service, and retail operations. The conglomerate is known for its decentralized structure, allowing autonomy to its subsidiaries.
Mouser Electronics, a distributor of semiconductors and electronic components, has been named the 2020 Catalog Distributor of the Year by RECOM Power. This recognition highlights Mouser's commitment to new product introductions and substantial global customer growth. RECOM's President expressed appreciation for Mouser's long-standing relationship and anticipated continued success. Mouser offers a comprehensive selection of new RECOM products, including advanced AC/DC converters, aiming to support design engineers worldwide.
Johns Manville, a Berkshire Hathaway company, has unveiled its new JM Corbond® High Yield Open-Cell Spray Polyurethane Foam insulation. This innovative product boasts the highest yield in its category, providing superior performance and ease of installation for contractors. It features a low-density, water-blown formulation with an R-value of 3.6 per inch, making it ideal for energy-efficient buildings. With annual sales exceeding $3 billion and a strong market presence, Johns Manville continues to lead in building insulation solutions.
Mouser Electronics has been awarded the 2020 Global e-Catalog Distributor of the Year by Molex for the second consecutive year, marking the fifth time overall. The award recognizes Mouser's success in driving financial growth and significant customer expansion for Molex due to excellent customer service and product diversity. Mouser also received several regional awards earlier this year. This acknowledgment highlights Mouser's ability to provide access to over 31,000 Molex products ready for shipment, affirming its position as a top distributor of electronic components.
McLane Company, a major supply chain services firm, announced that 19 drivers from its Foodservice division have been inducted into the 2021 IFDA Truck Driver Hall of Fame, recognizing their exceptional service and safety records. This brings the total inductees to 32 since 2018, with the 2021 class contributing a combined 594 years of service. The Hall of Fame celebrates drivers meeting stringent criteria, including at least 25 years of service without chargeable accidents. McLane, a Berkshire subsidiary, operates over 80 distribution centers across the U.S.
Mouser Electronics has enhanced its distribution capabilities by installing 102 vertical lift modules (VLMs) at its Dallas-Fort Worth facility, the largest installation in the Western Hemisphere and fourth largest globally. This advanced automation is aimed at improving order processing speed and accuracy. The center manages over 1.1 million unique SKUs and processes tens of thousands of orders weekly, with most completed within 15 minutes. These technological advancements not only boost operational efficiency but also contribute to improved sustainability and customer satisfaction.
Mouser Electronics has released the fifth installment of its 2021 Empowering Innovation Together program, focusing on intelligent transportation systems. This edition features a podcast episode with Dr. Maxime Flament discussing the integration of 5G technology in transportation. The series includes multimedia content such as blogs, infographics, and videos, highlighting the industry's shift towards safe and intelligent transport solutions. Sponsored by several leading manufacturers, the program emphasizes emerging technologies reshaping the automotive landscape.
Mouser Electronics is expanding its workforce at its headquarters in Mansfield, Texas, due to strong business growth. The company launched a new Careers site to simplify the application process and is hosting a Drive-Thru Job Fair on September 18. With over 3,000 employees globally, including roughly 2,000 in Mansfield, Mouser offers competitive pay and benefits, including a fitness center and health clinic. Notably, the company has not experienced layoffs since its inception in 1964, showcasing its commitment to growth and employee welfare.
Mouser Electronics is enhancing the North Texas job market by hosting a Drive-Thru Job Fair on September 18 from 9 a.m. to 1 p.m. at its headquarters in Mansfield. The company is seeking full-time employees for various roles, offering competitive pay starting at $17 per hour and comprehensive benefits. With over 2,000 employees, Mouser is Mansfield’s largest private employer, recognized as the Large Employer of the Year. Candidates can apply online, and the job fair will take place with safety measures in place.
HomeServices of America, a subsidiary of Berkshire Hathaway, has acquired Berkshire Hathaway HomeServices Hudson Valley Properties, a leading real estate company in the Mid-Hudson Valley. This acquisition significantly strengthens HomeServices' presence in the Northeast residential real estate market. Hudson Valley Properties, which has dominated the local market for 29 years, closed nearly 4,300 units worth $1.53 billion in sales over the last year, securing over 24% market share. The integration aims to leverage resources for enhanced service delivery.