Circuits Assembly Online Magazine - Nortech Reports Record Sales of $31.1 million in Q2

MINNEAPOLIS – EMS provider Nortech Systems Inc. reported record net sales of $31.1 million for the second quarter, an increase of 19% year-over-year.

Operating income totaled $840,000, up 34% year-over-year. Net income of $367,500 was up 19% from the second quarter of 2006.

For the first half of the year, Nortech reported net sales of $59.1 million, an increase of 13% year-over-year. Operating income was $1.5 million, up 21%, while net income was $654,400, an increase of 14%.