MINNEAPOLIS – Nortech Systems Incorporated (NASDAQ: NSYS), a leading provider of full-service electronics manufacturing services (EMS), announced that its board of directors has approved another installment of a stock repurchase program similar to the company’s inaugural repurchase program that expired last month. The approved program authorizes the company to repurchase shares of its common stock […]
Company Posts Sequential Gains in Revenue and Operating Profits MINNEAPOLIS – Nortech Systems Incorporated (NASDAQ: NSYS) today reported net sales of $28.5 million for the second quarter ended June 30, 2018, which includes $1.6 million of revenue recognized under new FASB accounting guidelines adopted this fiscal year. On a pro forma basis to adjust for […]
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 […]
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.