Misumi taps Fictiv’s Dave Evans to lead its Americas business amid global sourcing shift
Yahoo Finance·2026-01-23 16:51

Core Insights - Misumi Group has appointed Dave Evans as president and CEO of Misumi Americas following its $350 million acquisition of Fictiv in 2025, which expanded its presence in the U.S., China, India, and Mexico [1][2] Group 1: Leadership and Strategy - Evans aims to unify Misumi Americas and Fictiv into a single AI-powered platform for standard and custom parts, targeting sectors such as climate tech, robotics, medtech, EVTOL, aerospace, and factory automation [2][3] - The integration of these businesses is expected to enhance customer access to manufacturing capabilities, allowing for faster transitions from idea to production [3] Group 2: Operational Background - Fictiv operates production and supplier networks across the U.S., China, India, and Mexico, providing Evans with experience in managing multi-country sourcing amid changing tariffs and geopolitical factors [4][6] - Misumi Group is a major global supplier of off-the-shelf manufacturing components, with 22 manufacturing sites and 20 logistics facilities, serving 318,000 global companies [5] Group 3: Future Growth and Vision - The strategy includes connecting American customers more directly to Misumi's global network, which processes over 200,000 shipments daily [7] - Misumi Group views the Americas as a key growth region and plans to expand its digital model business and invest in AI in the U.S. to significantly grow by 2030 [8]