IEC Electronics
| Company type | Public (formerly listed) |
|---|---|
| Industry | Electronics manufacturing services |
| Founded | 1966 |
| Fate | Acquired by Creation Technologies in October 2021 |
| Successor | Creation Technologies |
| Headquarters | Newark, New York , United States |
Area served | Military, aerospace, medical devices, industrial & transportation sectors |
| Products | Circuit card assemblies, cable and wire harness assemblies, precision sheet metal parts, counterfeit electronic component testing, failure analysis |
| Owner | Creation Technologies |
Number of employees | 463 (existing roles as of 2018 plus 362 additional jobs planned) (2018) |
| Parent | Creation Technologies |
| Website | www |
IEC Electronics Corp. was established in 1966 and is based in Newark, New York. The firm focuses on electronic contract manufacturing services (EMS), delivering circuit card assemblies, cable and wire harness assemblies, as well as precision sheet metal parts for sectors including military, aerospace, medical devices, and others. Additionally, IEC provides counterfeit electronic component testing, risk mitigation for parts, and sophisticated failure analysis. In 2010, the company expanded its subsidiary IEC Electronics Wire and Cable, Inc. by acquiring Southern California Braiding, Inc., and it also manages another subsidiary located in Albuquerque. In October 2021, IEC Electronics became part of Creation Technologies through acquisition.
History
In June 2013, a class action lawsuit was initiated by investors against IEC, alleging the dissemination of false or deceptive information.
On February 17, 2015, the New York Stock Exchange (NYSE) issued a notice of deficiency due to IEC’s delay in submitting a quarterly report. To prevent removal from the exchange, the company was obligated to present a remediation plan by May 11, 2015.
In February 2018, IEC revealed intentions to construct a new 150,000-square-foot manufacturing facility within Silver Hill Technology Park in Newark to enhance production capacity. The new plant was expected to commence operations by mid-2020 and was set to generate 362 additional jobs while maintaining 463 existing roles in New York State.
Products
IEC’s product portfolio benefits from on-site analytical labs, automated real-time data monitoring, component traceability systems, and innovation hubs for new product development. The company complies with quality management protocols including ISO 9001:2008, ISO 13485, ISO 14001, and Six Sigma. Within the medical field, their offerings include resuscitation devices, surgical navigation tools, imaging equipment, and remote diagnostic systems. For aerospace and defense applications, products cover secure cockpit encryption systems, missile and weapons launch platforms, MRAP vehicles, unmanned aerial vehicle (UAV) control technologies, and spacecraft navigation instruments. In Industrial & Transportation sectors, solutions span tracking and monitoring devices, railway signaling systems, mass transit communication networks, commercial aircraft lighting solutions, and meteorological detection equipment.
Awards
IEC Electronics received the Association for Manufacturing Excellence Manufacturing Excellence Award in both 2011 and 2013; NASA honored them as Small Business Subcontractor of the Year in 2010; Forbes ranked them among America’s Best Small Companies at 6th place in 2012, 3rd in 2011, and 29th in 2009; additionally, IndustryWeek included them in its Best Plants in North America list in 2010.
External links
- Defunct electronics companies of the United States
- Manufacturing companies based in New York (state)
- Newark, New York
- American companies established in 1966
- Electronics companies established in 1966
- 1966 establishments in New York (state)
- Companies formerly listed on the Nasdaq
- Electronics manufacturing companies