Wyle Electronics Enters Joint Venture

Wyle Electronics said it has formed a joint venture company with Marshall Industries to provide the two computer products distributors with some of the components they market.

The joint venture, called Accord Contract Services, will be headquartered in Irvine near Wyle.

Accord will coordinate orders from both companies to provide their customers a so-called seamless supply chain.

While Wyle and El Monte-based Marshall market similar components--semiconductor and electronic products--they get them from different suppliers. In the past, customers often had to place separate orders with each company to obtain the parts they needed. With Accord, customers can place a single order with either company and receive all their components, a spokesman said.

The new company expects to receive about $300 million in orders from Wyle and Marshall in its first year.