Richardson Electronics Ltd. (RELL) Charged For Growth
Richardson Electronics, Ltd. is an engineered solutions provider and distributor of electronic components. The company serves the RF and wireless communications, industrial, power conversion, and display systems markets. "Engineered Solutions" for their customers is their focus. Headquartered in La Fox, Illinois, Richardson trades on the NASDAQ as part of the Electronics Wholesale industry. Richardson delivers its customers’ needs through product manufacturing, systems integration, prototype design and manufacture, and testing and logistics. The company began in 1947 when Arthur Richardson, Sr. incorporated Richardson Electronics as a specialized distributor of vacuum tubes. Total sales for their first year of operation were $53,000.…