Company News
Nortech Systems Reports 2017 Results
MINNEAPOLIS – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), reported net sales of $112.3 million for the year ended December 31, 2017, compared with $116.6 million for fiscal 2016. The...
Nortech Systems to Report Fourth Quarter and Year-End Results March 27
Quarterly Conference Call March 28 at 10:00 a.m. (CDT) 877-407-0782 Nortech Systems Incorporated (NASDAQ: NSYS) will hold a conference call at 10:00 a.m. (CDT) on Wednesday, March 28, 2018, to discuss the company's fourth quarter and year-end results, which will be...
Nortech Systems Expanding Mexico Operations
MINNEAPOLIS – Nortech Systems (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), has signed a lease for a new facility to be built in Monterrey, Mexico, approximately five miles from the company’s current location. The company...
Nortech Systems Names Connie Beck Chief Financial Officer
MINNEAPOLIS – Nortech Systems (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), has named Connie Beck as vice president and chief financial officer. Along with directing all financial planning and accounting practices, she...
Nortech Systems Reports Third Quarter Results
MINNEAPOLIS – Nortech Systems Inc. (NASDAQ: NSYS) today reported net sales of $28.3 million for the third quarter ended September 30, compared with net sales of $29.7 million for the third quarter of 2016. For the nine months ended September 30, Nortech’s net sales...
Nortech Systems Collaborates with Panasonic to Expand Manufacturing Capabilities
New SMT Technology Offers Improved Speed and Quality October 25, 2017 – Minneapolis, Minn., and Rolling Meadows, Ill. – Nortech Systems Incorporated (NASDAQ: NSYS) and Panasonic have collaborated on a new, total-line-solution installation of integrated hardware and...
Nortech Systems Announces Stock Repurchase Authorization
MINNEAPOLIS – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today announced that its board of directors has approved a stock repurchase program under which the company is authorized to...
Nortech Systems Reports Second Quarter Results
Sales and Profits Increase MINNEAPOLIS – Nortech Systems Incorporated (NASDAQ: NSYS) today reported net sales of $30.1 million for the second quarter ended June 30, 2017, a four percent increase over net sales of $28.9 million for the second quarter of 2016. For the...
Nortech Systems and Bank of America Merrill Lynch Announce New Commercial Banking Agreement
MINNEAPOLIS – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today announced it has closed a new credit facility of up to $21 million with Bank of America Merrill Lynch with an additional $20...
Nortech Systems Appoints Chief Operating Officer
MINNEAPOLIS – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today announced that its board of directors has appointed Matt Mahmood, 47, as chief operating officer (COO). In this role, Mahmood...