Craft

Nortech Systems

Stock Price

$10.7

2024-02-02

Market Capitalization

$29.2 M

2024-02-02

Revenue

$134.1 M

FY, 2022

Nortech Systems Summary

Company Summary

Overview
Nortech Systems is a company that provides electronics manufacturing services (EMS). It offers product engineering and design, wire and cable harness interconnection, lifecycle and supply chain management, printed circuit board (PCB) assembly, rapid prototyping, and other services. The company caters to the medical, aerospace and defense, industrial, and commercial sectors.
Type
Public
Status
Active
Founded
1990
HQ
Maple Grove, MN, US | view all locations
Website
https://www.nortechsys.com
Cybersecurity rating
Sectors

Key People

  • Jay D. Miller

    Jay D. Miller, President, CEO and Director

  • Curtis J. Steichen

    Curtis J. Steichen, Senior Vice President and Chief Marketing & Sales Officer

  • John Lindeen

    John Lindeen, Senior VP of Global Operations

  • Cathy Vold

    Cathy Vold, VP of Marketing and Engineering Services

Operating MetricsView all

Backlog (Aerospace and Defense)

$7.3M
25.9%

Q3, 2023

Backlog (Medical)

$16.8M
26.3%

Q3, 2023

Backlog

$33.8M
8.4%

Q3, 2023

LocationsView all

7 locations detected

  • Maple Grove, MN HQ

    United States

    7550 Meridian Cir N #150

  • Bemidji, MN

    United States

    4050 Norris Ct NW

  • Blue Earth, MN

    United States

    1930 W 1st St

  • Mankato, MN

    United States

    1950 Excel Dr

  • Milaca, MN

    United States

    925 6th Ave NE

  • Suzhou, Jiang Su Sheng

    China

    No. 3, 218 Sangtian St, Suzhou Industrial Par

and 1 others

Nortech Systems Financials

Summary Financials

Revenue (Q3, 2023)
$33.4M
Gross profit (Q3, 2023)
$5.3M
Net income (Q3, 2023)
$1.2M
Cash (Q3, 2023)
$699.0K
EBIT (Q3, 2023)
$1.1M
Enterprise value
$41.6M

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