Nortech Systems Inc (NSYS): Richard G Wasielewski , CEO of Nortech Systems Inc purchased 2,975 shares on May 18, 2016. The Insider buying transaction was reported by the company on May 24, 2016 to the Securities and Exchange Commission. The shares were purchased at $3.72 per share for a total value of $11,056.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Nov 17, 2015, Richard G Wasielewski (CEO) purchased 2,000 shares at $4.10 per share price.On Sep 17, 2015, Kenneth D Larson (director) purchased 500 shares at $4.00 per share price.Also, On Aug 31, 2015, Paula M Graff (CFO) purchased 216 shares at $4.12 per share price.
Nortech Systems Incorporated is an electronic manufacturing services (EMS) company. The Company offers technical and manufacturing services and support including project management design testing prototyping manufacturing and supply chain management. The Company’s manufacturing and engineering services include medical devices printed circuit board assemblies wire and cable assemblies and electromechanical assemblies. The Company also provides engineering services and repair services. The Company maintains facilities in Minnesota including Bemidji Blue Earth Milaca Mankato Baxter and Merrifield as well as Augusta Wisconsin and Monterrey Mexico. The Company operates through the contract manufacturing segment within the EMS industry.