Avnet Inc may hold the spot as the world's largest distributor by revenue with $3.89 billion in sales recorded for its December 2006 quarter, but it won't stay there by serving only other big companies. In a market whose participants celebrate growth in the single digits in the same way the other markets celebrate double- or even triple-digit growth, Avnet is looking to expand. "The rate of growth slowed as we exited calendar year 2006," says Roy Vallee, chief executive officer and chairman of Avnet, pointing to a more-than-$300 billion industry. "Everyone is going to be looking for ways to outgrow the market in 2007."
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