Future Electronics

Future Electronics Inc. is a distributor of electronic and electro-mechanical components headquartered in Pointe-Claire, Quebec. Founded in 1968 by Canadian billionaire Robert Miller, the company is one of Quebec's largest privately owned companies[2] and is currently the fourth largest electronics distributor in the world.[3] It operates in 169 locations in 44 countries in America, Europe, Asia and Africa.

Future Electronics
TypePrivate
IndustryElectronics
Founded1968
FounderRobert G. Miller
Headquarters237 Hymus Boulevard Pointe-Claire, Quebec, Canada H9R 5C7
Number of locations
169 offices in 44 countries
Area served
Worldwide
Revenue$5 billion USD (2014)[1]
Number of employees
5,500[1]
Websitehttp://www.futureelectronics.com

In 2014, its revenues were $5 billion.[1]

In 1999, it was alleged by the U.S. Department of Justice that the company had defrauded American suppliers out of tens of millions of dollars, allegations the company denied.[4] The related FBI probe was later dropped, and a connected search warrant was overturned.[5][6]

Future Electronics Headquarters in Montreal, Canada

References

  1. Dolan, Kerry A. (31 March 2014). "Press-Shy Canadian Electronics Billionaire Robert Miller Breaks His Silence". Forbes. Retrieved 15 July 2015.
  2. "DeSoto lands electronics warehouse - Memphis Business Journal". Bizjournals.com. 2002-10-27. Retrieved 2013-09-04.
  3. "Top 25 Global Franchised Distributors" (PDF). I.cmpnet.com. Retrieved 2013-09-04.
  4. Chipello, Christopher J. (1999-11-12). "Future Electronics Denies Allegations It Defrauded U.S. Suppliers of Millions". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-10-02.
  5. Marotte, Bertrand. "U.S. drops Future Electronics probe". Retrieved 2020-10-02.
  6. "Future Electronics wins case over search warrant". 2000-12-12. Retrieved 2020-10-02.
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