Nortech Systems (NASDAQ:NSYS), a leading provider of full-service electronics manufacturing services (EMS), has signed a lease for a new facility to be built in Monterrey, Mexico, approximately five miles from the company's current location. The company plans for occupation during the third quarter of 2018 with the transfer of operations expected by year-end.
The Monterrey facility opened in 2001 producing wire harnesses and cable assemblies. The facility's size, employment and capabilities have steadily grown, including adding printed circuit board assemblies and higher-level electronic assemblies.
"We are pleased to strengthen our capabilities with this new, larger facility," said Matt Mahmood, chief operating officer of Nortech Systems. "Nortech has been experiencing strong growth in Mexico and this expansion shows our commitment to serving multinational customers across a variety of industries with competitive, flexible manufacturing solutions."
He added that the new facility's advantages will include enhanced productivity, improved workflow, additional space for engineering and increased amenities for customers and employees. The new facility will almost double Nortech's current footprint while providing flexibility for future expansion.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180227006489/en/
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
