News
MINNEAPOLIS – Nortech Systems reported second quarter net sales of $30.2 million, up 14% year-over-year and 36.7% sequentially. The revenue improvement was primarily due to higher production volume resulting from actions to scale the direct labor workforce and strengthen the supply chain for parts.
TAIPEI – Inventec's board of directors approved a plan to build new production lines for servers in Mexico for an estimated $75.9 million, according to reports.
BRONSCHHOFEN, SWITZERLAND – Cicor Technologies reported net profit tripled in the first half of 2021 to CHF 5.2 million (US$5.6 million), 4.4% of sales. The favorable development of the Euro against the Swiss Franc contributed to the increase.
Press Releases
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