History
1960
Company founded by Ike Niam in Santa Monica, California as a Manufacturer's Representative.
1968
Company changed focus to distribution specializing in electromechanical components.
1969
Awarded Sigma and Curtis Industries franchises.
1974
Company achieves $1 Million in annual sales.
Awarded Aromat franchise.
1980
Company achieves $5 million in annual sales.
Awarded Magnecraft franchise.
1984
Fire causes severe damage at headquarters in Santa Monica, CA.
1989
Fire causes severe damage at headquarters in Santa Monica, CA.
Purchased Brill Electronics in Oakland, CA.
1994
Northridge Earthquake "Red-Tags" Headquarters in Santa Monica, CA.
Purchased 370,000 square foot sales and distribution center in Phoenix, Arizona.
Company Achieves $25 Million in annual sales.
Purchased Quement Electronics in San Jose, CA.
Awarded Honeywell franchise.
1998
Company achieves $50 Million in sales.
Purchased Electronic Equipment with two branches in South Florida.
1995
Awarded P&B franchise.
Purchased P.I. Burks, a local distributorin Louisville, Kentucky and turned it into a Master Distributor branch.
1996
Opened sales offices in Austin, Texas and Kirkland, Washington.
1999
Created Onlinecomponents.com as part of the company's e-commerce strategy.
2000
Company achieves $85 Million in annual sales.
2002
Purchased a value added manufacturer - Oliver Systems.
Opened Value Added Center in Phoenix, AZ.
Awarded Tyco franchise.
2007
Awarded Meanwell, TDK, UCC, and Taiyo Yuden franchises.
Purchased All American Semiconductor with branches in Santa Clara, Minneapolis, Tampa, Long Island and Penang, Malaysia.
2001
Purchased Taylor Industrial Electronics in Mequon, Wisconsin.
2004
Purchased the assets of Murphy Electronics in Redmond, Washington.
Purchased Klaus Electronics with locations in Quincy, Illinois and Peoria, Illinois.
2008
Opened Power Solutions Center in Oakland, California.
Company achieves $92 Million in annual sales.
2009
Begin remodel of Phoenix Distribution Center.
2011
Complete multi-million dollar remodel of Phoenix Distribution Center.
Onlinecomponents.com launches redesigned website with hundreds of thousands of images, data sheets, and parametric search.
2013
Master International Family of Companies. Brill Electronics, All American, Klaus and EC&E Merged into Master Electronics.
Opened sales office in Hong Kong.
Awarded Distributor of the Year by TE for the second year in a row.
Master adopts company Core Values.
2016
Phoenix Distribution Center Certified ISO 9001-2008.
Awarded Distributor of the Year by Apem, Marathon, and Ohmite.
Awarded Distributor of the Year by C&K for the second year in a row.
2018
Awarded Distributor of the Year by TE Connectivity, Alpha Wire, Ohmite, Carlo Gavazzi, Triad, and Amphenol Industrial.
Opened warehouse in Hong Kong.
2012Company changed name from Master Distributors to Master Electronics.
Awarded distributor of the year by TE.
2014
Company achieves $172 Million in annual sales.
Begin Phoenix Distribution Center Automation Project.
Purchased Electro Sonic in Canada with offices in Vancouver, Toronto, and Montreal.
2015
Awarded ABB, CTS, and Amphenol franchises.
Awarded Distributor of the Year by C&K.
2017
Master celebrates its 50th Anniversary.
Hosted gala to celebrate with valued suppliers, customers, and friends.
Riad Nizam becomes the 3rd President of Master Electronics.
Company achieves $245 Million in annual sales.
2019
Company achieved $296 million in annual sales.
Awarded Distributor of the Year by TE Connectivity, Ohmite, and Alpha Wire.
Awarded Abracon and Cornell Dubilier franchises.
2020
Expanded corporate giving program by launching 3 for 1 match as a way to help employees triple their donations to nonprofit organizations of their choice.
Every member of Team Master participated in using their Volunteer Time Off
Company launched Employee Resource Groups (ERG): B.E.A.M - Black Employees at Master, WAM - Women at Master, and PRIDE.
2022
Awarded Distributor of the year by APEM and Memory Protection Devices
Awarded Astrodyne High Power and Low Power, Cincon, ECS International, Fortinet, ITG Magnetics, Lumberg Automation, Mega Electronics, O.C. White, ODU, P-Duke, Phoenix Contact, all Phoenix Mecano brands, Puls, and Tane Alarm franchises.
2021
Partnered with Ike Nizam Foundation to launch the Scholarship Program and Financial Assistance Program.
Company achieved over $500 million in annual sales.
Awarded Distributor of the year by Abbatron, CIT Relay & Switch, Marathon Special Products, and NTE Electronics.
Awarded TDK-Lambda franchise.
2023
Awarded MinebeaMitsumi group franchises; ABLIC, Minebea Intec, NMB, SALIOT, and u-shin.