Fort Worth 2019 State of the City address
Fort Worth is the new home to Chip 1 Exchange, a distributor of electronic components. The company is moving its headquarters and logistics from California.
According to a news release, Chip 1 Exchange distributes electronic components for aerospace, medical, automotive, industrial, defense, mobile computing and consumer applications. The company is moving into a 15,000 square-foot space at 701 E. Eighth St., bringing 20 employees total. The facility will include a quality control lab, regional sales office and a purchasing hub with expansion plans for additional employees.