Avnet will close its logistics center in Poing, affecting about 350 jobs

Avnet plans to close its logistics center in Poing by the end of 2026, a decision affecting approximately 350 employees, as reported by Handelsblatt and Merkur.de. The US-based distributor confirmed the decision on April 17, citing moderate business prospects and a prolonged slump in demand for electronic components, which has led to underutilization of its logistics network. With no short-term recovery expected in the German market and persistent weakness in sectors like automotive, the company sees few alternatives to the closure. The Poing facility, opened in 2011 and a key EMEA hub, will have its operations consolidated into Avnet's other centers in Bernburg, Germany, and Tongeren, Belgium