NSYS

Nortech Systems Incorporated (NASDAQ:NSYS) is a contract manufacturing company founded in 1990 and headquartered in Maple Grove, Minnesota. The company went public in 1993 and operates as a specialized manufacturer of complex electromedical devices, electromechanical systems, and assemblies. Nortech serves original equipment manufacturers across aerospace and defense, medical device, and industrial markets through a global manufacturing footprint spanning the United States, Mexico, and China. The company has experienced significant revenue volatility in recent years, declining from $139.3 million in 2023 to $128.1 million in 2024, while facing operational challenges including facility consolidations and margin pressures.