Rockford, Illinois, USA – Waldom Electronics and Phoenix Contact USA have partnered on a new program that will result in less inventory finding its way to a landfill. The program supports Phoenix Contact’s goal of a carbon-neutral value chain by 2030.
Under the agreement, Phoenix Contact authorized distributors can send non-moving inventory to Waldom for possible resale. Waldom will manage this inventory and can resell the stock to other authorized distributors. The agreement also authorizes Waldom to designate a percentage of sales to fund environmental and plant-a-tree programs.
“By partnering with Waldom, we’re giving our distributors a more sustainable way to manage their inventory,” said Chris Beevers, Director – Electric Channel Management, Phoenix Contact USA. “This partnership is a perfect example of the Phoenix Contact Purpose Statement in action: Together, we are creating a sustainable world based on our passion for technology and innovation.”
“We’re proud to partner with Phoenix Contact — a company that shares our deep commitment to sustainability,” said Don Akery, CEO of Waldom Electronics. “Together, we’re creating more responsible ways to manage slow-moving and excess inventory, advance circularity, and support environmental initiatives like tree planting. Partnerships like this turn shared values into meaningful impact.”
About Waldom Electronics
For over 80 years, Waldom Electronics has established itself as “The Distributor’s Distributor,” specializing in the distribution of electronic and electrical components exclusively to a global network of over 2,500 distributors. Unlike other distributors, Waldom does not sell to OEMs or end-users. Waldom’s Green Stock Program is a notable initiative that manages distributors’ and manufacturers’ slow-moving and excess inventory, preventing waste and helping repurpose valuable components. This program has successfully repurposed over 8 billion components, preventing them from ending up in landfills. For more information, visit www.waldom.com.
