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Bel Fuse history
Bel Fuse company history timeline
Bel Fuse has created and delivered power, protection, and connectivity solutions for major customers since 1949.
1967: Bel Fuse lists itself as a public company; Elliot Bernstein and his brother Howard, the firm's vice-president and controller, retain a majority share of the stock.
Publicly held since 1967, this NASDAQ-listed company has thrived under the continuous leadership of the Bernstein family.
By 1983, Bel Fuse had revenues over $18 million and operated manufacturing plants in Hong Kong and Macao.
Bel Fuse made another significant decision in 1996 when it decided to restructure its operations and focus most heavily on its networking components business.
As it had in 1996 with its focus on networking, Bel Fuse identified what it expected to be another growth field and concentrated its efforts there.
Bel Fuse's magnetic components were integral to the field, and the company reached sales of $73.5 million in 1997, on which it realized an $8.9 million profit.
1998: Bel Fuse buys Lucent Technologies' transformer and inductor division.
In recognition of its achievements, Forbes named the firm one of its 200 best small companies in America for 1999.
Sales topped $145.2 million, an increase of 22 percent on 1999's then-record figure, and the company earned more than $32.2 million, 51 percent higher than the year before.
1999: Bel Fuse celebrates its 50th anniversary with record profits and is named by Forbes as one of the 200 best small companies in America.
Buoyed by offerings from its new Power Products division and efficiencies gained from internal restructuring, Bel Fuse charged into 2002.
How has Bel Fuse, Inc. performed financially from the 2013?
As of December 31, 2016, the magnetic product line accounted for 32% of the company’s total revenue.
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Zippia gives an in-depth look into the details of Bel Fuse, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Bel Fuse. The employee data is based on information from people who have self-reported their past or current employments at Bel Fuse. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Bel Fuse. The data presented on this page does not represent the view of Bel Fuse and its employees or that of Zippia.
Bel Fuse may also be known as or be related to BEL FUSE INC NJ, Bel Fuse, Bel Fuse Inc, Bel Fuse Inc. and Bel Power.