Company News

Nortech Systems Announces Leadership Changes

Nortech Systems Incorporated (NASDAQ: NSYS) today announced several leadership changes effective January 1, 2019. Jay D. Miller, currently an independent director of the company, will become interim president reporting to the board of directors. Miller will assist the...

Nortech Systems Reports Third Quarter Results

MINNEAPOLIS – Nortech Systems Inc. (NASDAQ: NSYS) today reported net sales of $29.6 million for the third quarter ended September 30, which includes $1.9 million of revenue recognized under new FASB accounting guidelines adopted this fiscal year. This compares with...

Nortech Systems to Report Third Quarter Results November 14

Quarterly Conference Call November 15 at 10:00 a.m. (CT) 877-407-0782 MINNEAPOLIS – Nortech Systems Incorporated (NASDAQ: NSYS) will hold a conference call at 10:00 a.m. (CT) on Thursday, November 15, 2018, to discuss the company’s third quarter results, which will be...

Nortech Systems’ Intercon 1 Enters Agreement with Northwire

Company to Manufacture Northwire’s Machine Vision Cable Assemblies MINNEAPOLIS – Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), announced that Intercon 1 will take over manufacturing of...

Nortech Systems Announces Stock Repurchase Program

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...

Nortech Systems’ CEO Rich Wasielewski Announces His Retirement

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...

Nortech Systems Reports Second Quarter Results

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...

Nortech Systems to Report Second Quarter Results August 15

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...