Nortech Systems, Inc. (Nasdaq: NSYS), a leading provider of full-service
electronic manufacturing services (EMS), will be moving to a new
corporate headquarters by early July 2015. The company signed a lease
for a 19,000-square-foot facility at 7550 Meridian Circle, Suite 150,
Maple Grove, Minn.
“This new location will provide needed space as we continue to unite and
strengthen our company’s capabilities under the ‘One Nortech’ banner,”
said Rich Wasielewski, president and CEO of Nortech Systems. “It will
also enable us to better support our growth plans.”
In addition to the executive team, Nortech’s business development,
engineering, sourcing and support services teams will be moving from the
current Wayzata location to this new facility.
About Nortech Systems Incorporated
Nortech
Systems Incorporated (www.nortechsys.com),
based in Wayzata, Minn., is a full-service electronics manufacturing
services (EMS) provider of wire and cable assemblies, printed circuit
board assemblies, and higher-level complete box build assemblies for a
wide range of industries. Markets served include industrial equipment,
aerospace/defense and medical. The company has manufacturing
capabilities and operating partners in the U.S., Asia and Latin America.
Nortech Systems Incorporated is traded on the NASDAQ Stock Market under
the symbol NSYS.
Forward-Looking Statements
This
press release contains forward-looking statements made pursuant to the
safe harbor provision of the Private Securities Litigation Reform Act of
1995. While this release is based on management’s best judgment and
current expectations, actual results may differ and involve a number of
risks and uncertainties. Important factors that could cause actual
results to differ materially from the forward-looking statements
include, without limitation: volatility in market conditions which may
affect market supply of and demand for the company’s products; increased
competition; changes in the reliability and efficiency of operating
facilities or those of third parties; risks related to availability of
labor; commodity and energy cost instability; general economic,
financial and business conditions that could affect the company’s
financial condition and results of operations; as well as risk factors
listed from time to time in the company’s filings with the SEC.
Copyright Business Wire 2015