Nortek Inc (NASDAQ:NTK)

84.07
Data as of 11:33am ET
 +0.75 / +0.90%
Today’s Change
65.95
Today|||52-Week Range
92.30
+12.69%
Year-to-Date
SECTOR
Producer Manufacturing
INDUSTRY
Building Products
MARKET CAP
$1.3B

Company Description

Nortek, Inc. is a diversified global manufacturer of innovative, branded residential and commercial building products. The company operates through five segments: Residential Ventilation, Technology Solutions, Display Mount Solutions, Residential Heating and Cooling and Custom & Engineered Solutions. The Residential Ventilation segment primarily manufactures and distributes room and whole house ventilation and other products primarily for the professional remodeling and replacement markets, the residential new construction market, and the do-it-yourself market. The principal products sold by this segment include kitchen range hoods, exhaust fans and indoor air quality products. The Technology Solutions segment manufactures and distributes a broad array of products designed to provide convenience and security for residential and certain commercial applications. The Display Mount Solutions segment manufactures and distributes a broad array of products designed with ergonomic features including wall mounts, desk mounts, arms, carts, workstations, and stands that attach to or support a variety of display devices such as computer monitors, notebook computers, and flat panel displays. The Residential Heating and Cooling segment manufactures and sells split-system and packaged air conditioners and heat pumps, air handlers, furnaces and related equipment, accessories and parts for the residential and certain commercial market. The Custom & Engineered Solutions segment manufactures and sells custom-designed and engineered HVAC and air management products and systems primarily for hospitals, and educational facilities, as well as commercial offices, manufacturing facilities, retail stores, clean rooms, data centers, and governmental buildings. Nortek was founded in 1967 and is headquartered in Providence, RI.

Contact Information

Nortek, Inc.
50 Kennedy Plaza
Providence Rhode Island 02903-2360
P:(401) 751-1600
Investor Relations:

Employees

Shareholders

Other institutional94.14%
Mutual fund holders7.69%
Individual stakeholders37.22%

Top Executives

Michael Joseph ClarkePresident, Chief Executive Officer & Director
Almon C. HallChief Financial Officer & Senior Vice President
Robert J. CasagrandeChief Information Officer & Vice President
Kevin W. DonnellySecretary, Senior Vice President & General Counsel
Donald W. ReillyChief Accounting Officer, VP & Controller

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