trade_award

DigiKey receives international trade award

Dec. 28, 2023
Minnesota’s governor and the Minnesota Trade Office recognized DigiKey as a leader in foreign market exports

For the second time, DigiKey received the 2023 Governor’s International Trade Award for Large Companies from Minnesota Governor Tim Walz and the Minnesota Trade Office. The Governor's International Trade Award recognizes Minnesota companies that have shown exceptional progress and success in exports to foreign markets, as well as foreign-owned companies that have made significant economic contributions through their investments in the state. DigiKey was also a recipient of the award in 2012.

“We appreciate our positive working relationship with the State of Minnesota and Minnesota DEED and are honored to be recognized for the work we’ve done to grow a thriving company and contribute to a thriving community,” said Tim Carroll, global head of marketing and e-commerce at DigiKey. “We agree with Governor Walz that by working together we can become the top state for business, and we look forward to continuing our partnership toward that goal.”

DigiKey employs more than 5,000 people, with more than 4,000 of those team members based in Minnesota, delivering up to 27,000 orders per day to customers in more than 180 countries around the world. DigiKey does business in 27 different currencies and offers websites and content in 22 different languages. The company also established a Foreign Trade Zone (FTZ) in Thief River Falls, Minnesota, and the first small-package FTZ with all major carriers, Custom Border and Protection (CBP) and government entities. Since DigiKey received its first Governor’s International Trade Award in 2012, international sales have expanded by more than five times with 46% of sales taking place in the international market.