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In June 2013, Glancy Binkow & Goldberg LLP, on behalf of investors of IEC, filed a class action lawsuit against the Company for issuing false and/or misleading statements.
On February 17, 2015, the company received a deficiency letter from the New York Stock Exchange (NYSE). The reasons for deficiency included failure to file a quarterly report in a timely manner.
IEC had until May 11, 2015, to submit a plan to the NYSE. Failure to submit and follow their approved plan, would get them delisted.
In February 2018, IEC Electronics announced they would be building a new facility in Newark, New York to expand production capabilities.
The new 150,000 square foot facility, which will be located at the Silver Hill Technology Park, is projected to open in mid-2020.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| KLA | 1997 | $9.8B | 11,300 | 294 |
| GK Technology | 2000 | $420.1M | 4,200 | - |
| Methode Electronics | 1946 | $1.1B | 6,187 | 42 |
| Hubbell | 1888 | $5.6B | 19,700 | 330 |
| Danaher | 1969 | $23.9B | 80,000 | 1,569 |
| Littelfuse | 1927 | $2.2B | 12,000 | 27 |
| Whirlpool | 1911 | $16.6B | 78,000 | 150 |
| Parker Hannifin | 1917 | $19.9B | 57,170 | 705 |
| Valmont Industries | 1946 | $4.1B | 9,800 | 356 |
| Plug Power | 1997 | $628.8M | 835 | 85 |
Zippia gives an in-depth look into the details of IEC Electronics, including salaries, political affiliations, employee data, and more, in order to inform job seekers about IEC Electronics. The employee data is based on information from people who have self-reported their past or current employments at IEC Electronics. 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 IEC Electronics. The data presented on this page does not represent the view of IEC Electronics and its employees or that of Zippia.
IEC Electronics may also be known as or be related to IEC Electronics, IEC Electronics Corp, IEC Electronics Corp. and Iec Electronics Corp.