| Business Summary | | Nortech
Systems,
Inc.
is
a
manufacturer
of
wire
harnesses,
cables,
electronic
sub-assemblies
and
components,
and
printed
circuit
board
assemblies.
The
Company
provides
a
full
turnkey
contract
manufacturing
service
to
its
customers.
A
majority
of
revenue
is
derived
from
products
that
are
built
to
the
customer's
design
specifications.
Nortech
Medical
Services,
Inc.,
its
wholly
owned
subsidiary,
provides
service
bureau
and
office
management
services
to
physicians
and
clinics
throughout
Minnesota. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Nortech
Systems,
Inc.
manufactures
wire
harness,
cables,
electronic
sub-assemblies
and
components,
printed
circuit
board
assemblies,
monitors
and
medical
imaging
products.
For
the
six
months
ended
6/30/01,
sales
increased
7%
to
$27.5
million.
Net
income
decreased
7%
to
$796
thousand.
Revenues
reflect
additional
sales
generated
by
internal
growth.
Net
income
reflects
increased
selling,
general
and
administrative
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Quentin Finkelson, 68 Chairman,
Pres, CEO, Sec. | $240K | Gregory Tweed, 50 COO,
Exec. VP | 219K | Patrick Gilligan, 60 Exec.
VP of Technology and Bus. Devel. | 149K | Garry Anderly, 54 Sr.
VP of Corp. Fin. and Treasurer | 157K | Donald Horne, 52 VP
of Corp. Procurement | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|