Board of Directors to Conduct National Search for New CEO MINNEAPOLIS – Rich Wasielewski, president and CEO of Nortech Systems, Inc. (NASDAQ: NSYS), today announced he will be retiring. Nortech Systems’ board of directors has retained an executive recruitment firm to assist in its national search to identify Wasielewski’s replacement. He will continue to lead […]
Quarterly Conference Call August 16 at 10:00 a.m. (CDT) 877-407-0782 MINNEAPOLIS – Nortech Systems Incorporated (NASDAQ: NSYS) will hold a conference call at 10:00 a.m. (CDT) on Thursday, August 16, 2018, to discuss the company’s second quarter results, which will be released on August 15. Anyone interested in participating in the conference can access the […]
MINNEAPOLIS – Nortech Systems Inc. (NASDAQ: NSYS) announced that Jay D. Miller and Dr. Steven Rosenstone were recently elected to its board of directors. “We’re excited to add two directors of such high caliber, both complementing and strengthening our already impressive board,” said Rich Wasielewski, president and CEO of Nortech Systems. “Their management experience, leadership […]
MINNEAPOLIS – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today reported net sales of $26.4 million for the first quarter ended March 31, 2018, which includes $0.7 million of revenue recognized under new FASB accounting guidelines adopted this fiscal year. On a pro forma basis to adjust for […]
Quarterly Conference Call May 14 at 10:00 a.m. (CDT) 877-407-0782 MINNEAPOLIS – Nortech Systems Incorporated (NASDAQ: NSYS) will hold a conference call at 10:00 a.m. (CDT) on Monday, May 14, 2018, to discuss the company’s first quarter results, which will be released on May 11. Anyone interested in participating in the conference can access the […]
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 reported fiscal 2017 loss from operations was $1.3 million and includes a year-end goodwill impairment charge of $0.9 […]
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 released after the U.S. stock market closes on March 27. Anyone interested in participating […]
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 plans for occupation during the third quarter of 2018 with the transfer of operations expected by […]
MINNEAPOLIS – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), announced today that it has expanded capabilities at its manufacturing facility in Suzhou, Jiangsu, China, to support its regional machine vision technology customers. “Given the explosive growth of machine vision, robotics and automation technology manufacturers in Asia, it makes […]
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 will oversee Nortech’s relationships with its business partners, the financial community and shareholders. “Connie brings many strengths to our […]
Intercon 1 by Nortech specializes in machine vision technology and is the premier producer of camera cable and assemblies in the United States. Since 1978 it has led the camera cable market in serving machine vision customers – providing sophisticated engineering, specialized tools and methodologies to support ground breaking vision technology.