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291:, Minnesota that measured 800,000 square feet (74,000 m). In 2017 the company began work on a one million square foot expansion to their Thief River Falls facility at an expected cost of $ 200 million to $ 300 million. The expansion was helped by government incentives and tax exemptions and was expected to add another 1,000 jobs at Digi-Key.
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In March 2018, DigiKey announced an expansion for a 1 million square foot building with over 2.2 million square feet of usable space. This space will include receiving, shipping, warehouse, and storage space for the nearly 1.5 million products ready for immediate shipment. The building was officially
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over his radio. He soon began selling kits to other ham operators, and eventually branched off into the distribution of other electronic components, allowing customers to purchase parts in any quantity, no matter how small. The company quickly grew, and by 1984, it was located in a one million square
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Mark Larson, who joined DigiKey in 1976 as its general manager, became president in 1985. He has led the company from its initial focus on the hobbyist market to the expanded market it serves today. In 2015 Larson stepped down from his role within the company and transitioned to a board position. On
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213:. DigiKey is the fourth largest electronic component distributor in North America and the fifth largest electronic component distributor overall. Stordahl privately owns the company .
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June 1, 2015 Dave
Doherty, who served as the Executive Vice President of Operations at Digi-Key, transitioned to Larson's position as President and Chief Operating Officer.
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On
September 29, 2021, DigiKey announced a global distribution partnership with QuickLogic Corporation, a fabless semiconductor company.
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The name "Digi-Key" is a reference to the "Digi-Keyer Kit," a digital electronic keyer kit that
Stordahl developed and marketed to
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During the summer of 2023, DigiKey celebrated their 50th
Anniversary, an event which was delayed the previous year due to the
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DigiKey continued to grow following the recession in 2008. By 2017, DigiKey was located in a single, centralized location in
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In
November 2022, DigiKey was granted their first patent for a 'Tray for transporting and storing electronic components'.
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272:. The first international domain was launched in 1996 in Canada. This would later expand to over 40 local domains.
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enthusiasts. Electrical schematics for the electronic keyer were published in April 1968 by the radio publication
598:"Digi-Key Electronics Announces Global Partnership with QuickLogic Corporation Through the Digi-Key Marketplace"
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612:"Digi-Key Electronics Awarded U.S. Patent for Tray to Transport and Store Electronic Components"
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in the early 1970s. Stordahl created a kit of electronic parts to improve the transmission of
469:"From a box of radio parts, Digi-Key grew into a $ 2.3 billion anchor of northwest Minnesota"
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By 2018, the company had annual revenue of $ 2.3 billion and more than 3,500 employees.
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508:"UPDATED: Digi-Key vice president takes president position; president moves to board"
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573:"Digi-Key Celebrates Ribbon Cutting of Product Distribution Center Expansion"
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In 1996, DigiKey launched its website, gradually shifting focus towards
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637:"Digi-Key Celebrates 50 Years of Fueling Innovation Around the World"
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https://www.digikey.com/en/blog/updating-the-original-digi-keyer
360:"Top 50 Electronics Distributors 2018 - #5 Digi-Key Electronics"
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Kumaga, Jean (February 2014). "A day in the life of Digi-Key".
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552:"Digi-Key boom brings good problems to Thief River Falls"
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526:"In tough economy, Minn. firm faces unusual problem"
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151:Mark Larson (President & COO, 1985–2015;
662:"Digi-Key Celebrates 50 Years of Innovation"
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400:. Digi-Key Corporation. Archived from
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279:DigiKeys logo used until 2023
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362:. SourceToday. May 11, 2018.
244:returned to his hometown of
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752:Industrial supply companies
660:Powell, Mark (2023-04-03).
530:Minnesota Public Radio News
326:List of Minnesota companies
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298:opened on August 17, 2022.
257:foot facility next door to
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702:10.1109/MSPEC.2014.6729379
550:Brian Bakst (2017-08-31).
394:"Digi-Key Company History"
232:After earning a degree in
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483:"About DigiKey | DigiKey"
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197:(formerly written as
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195:DigiKey Corporation
172:Number of employees
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31:DigiKey Corporation
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341:Brevan Electronics
336:Master Electronics
331:Mouser Electronics
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166:$ 3 billion (2018)
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374:""About DigiKey""
309:COVID-19 pandemic
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155:, 1976-1985)
100:Headquarters
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186:digikey.com
123:Area served
721:Categories
671:2024-03-27
646:2024-03-27
621:2023-01-27
583:2022-08-23
558:2019-01-15
536:2012-06-26
492:2022-02-08
439:2012-06-26
379:2019-01-15
347:References
321:E-commerce
270:e-commerce
263:snowmobile
259:Arctic Cat
254:Morse code
133:Key people
47:Trade name
554:. MPRNews
250:ham radio
207:Minnesota
142:President
127:Worldwide
109:Minnesota
710:35447280
315:See also
199:Digi-Key
67:Industry
18:Digi-Key
236:at the
228:History
181:Website
163:Revenue
90:Founder
80: (
75:Founded
61:Private
52:DigiKey
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408:5 June
176:4,000+
144:&
706:S2CID
410:2013
261:, a
82:1972
78:1972
698:doi
433:EDN
222:QST
146:COO
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