NuAxiSemiconductor trade intelligence

Avnet to shut Poing logistics centre, around 350 jobs affected

What happened

Avnet will close its Poing logistics center by end-2026, affecting 350 jobs, due to prolonged weak demand for electronic components, particularly in automotive and manufacturing. The company cites subdued business expectations and will consolidate EMEA operations into its Bernburg and Tongeren sites. Bearish: Consolidation signals sustained demand weakness in core industrial sectors, potentially easing logistics bottlenecks but reflecting broader market softness.

Impact and signal

Medium impactImpact score: 55/100

Affected components and suppliers

Avnet

demand-weaknessconsolidationdistributor

Source and time

Source: Evertiq · 4/21/2026 · View original source

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Avnet to shut Poing logistics centre, around 350 jobs affected

What happened

Impact and signal

Affected components and suppliers

Source and time

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