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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Nortech Systems Inc | NASDAQ:NSYS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.175 | 1.15% | 15.355 | 14.85 | 16.74 | 15.50 | 15.08 | 15.08 | 4,035 | 21:27:01 |
New SMT Technology Offers Improved Speed and Quality
Nortech Systems and Panasonic have collaborated on a new, total-line-solution installation of integrated hardware and software. It provides enhanced Surface Mount Technology (SMT) component placement capability and quality while increasing efficiency and Statistical Process Control (SPC) at Nortech’s manufacturing facility in Mankato, Minnesota.
“This significant investment in Panasonic SMT equipment and PanaCIM® software, along with Koh Young automated 3D optical inspection and solder paste inspection equipment, helps us serve our customers better and faster,” says Jamey Born, Nortech Systems’ EMS product manager. This new SMT technology can place smaller components, which expands Nortech’s capabilities to build much smaller printed circuit board assemblies (PCBAs) for medical device, industrial and aerospace/defense customers. “With SPC for manufacturing, we now have real-time process monitoring that allows us to monitor and control our SMT production,” Mr. Born adds.
According to John Stewart, regional sales manager, Panasonic Factory Solutions Company of America, “This collaborative effort is an ideal and local example of two companies working toward the same goal. Nortech is a growing organization that’s strengthening its global footprint and acknowledging the expertise we bring to the table.” He concludes, “Panasonic appreciates and looks forward to a long-term, mutually beneficial partnership.”
For more than 25 years, Nortech Systems has provided world-class electronics manufacturing services (EMS) – from early stage product development and engineering through production, supply chain management and fulfillment. Nortech Systems has established a reputation for technical expertise, engineering excellence and superior customer service.
Learn more about Nortech Systems at www.nortechsys.com and Panasonic Factory Solutions Company of America at www.panasonicFA.com
About Nortech Systems IncorporatedNortech Systems Incorporated (www.nortechsys.com), based in Maple Grove, MN, is a full-service 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 medical, industrial and aerospace/defense. The company has operations in the U.S., Latin America and Asia. Nortech Systems Incorporated is traded on the NASDAQ Stock Market under the symbol NSYS.
About Panasonic Factory Solutions Company of AmericaPanasonic Factory Solutions Company of America, a North American source for electronic assembly equipment (SMT), software, and technical support, provides total business systems solutions for semiconductor and device packaging companies in the global marketplace through one provider. The company is a unit of Panasonic Corporation of North America, which is the principal North American subsidiary of Panasonic Corporation.
For Additional InformationPanasonic Factory Solutions Company of America, 1701 Golf Road, Suite 3-1200, Rolling Meadows, IL 60008. PFSAmarketing@us.panasonic.com +1.847.637.9600 www.panasonicfa.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20171025005936/en/
Jeff Malek (for Panasonic), +1-847-637-9600PFSAmarketing@us.panasonic.comorWarren Djerf (for Nortech Systems), +1-952-920-3908warren@brookcomm.net
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