Bel Fuse Inc - Company Profile
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Bel Fuse Inc (Bel) designs, manufactures, and markets products that power, protect, and connect electronic circuits. The company’s major products include integrated connector modules, power transformers, board-mount power products, circuit protection, copper-based connectors, cable assemblies and active optical devices, and RF connectors. It offers products under various brands, such as Semflex, Cinch, Stratos, Bel, MagJack, and Johnson. The company serves various industries such as networking, computing, military, telecommunications, transportation, aerospace and broadcasting. The company markets its products directly and also through a network of distributors across North America, Europe, and Asia. Bel is headquartered in Jersey City, New Jersey, the US.
Headquarters
United States of America
Address
300 Executive Drive, Suite 300, West Orange, New Jersey, 07052
Website
belfuse.com
Telephone
1 201 4320463
No of Employees
7,000
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
BELFA (NASD)
Revenue (2023)
$654.2M
-2.2%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
40.1%
(2023 vs 2022)
Market Cap*
$763.8M
Net Profit Margin (2023)
XYZ
43.4%
(2023 vs 2022)
* As of and is in US$
Bel Fuse Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| SMD Power Inductors and SMPS Transformers | Melcher |
| Magnetic Solutions: | CUI |
| Integrated Connector Modules | EOS |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In February, the company announced the acquisition of a minority stake in innolectric AG. |
| 2022 | Corporate Changes/Expansions | In September, the company announced the expansion of its distribution through Sager electronics. |
| 2022 | Corporate Changes/Expansions | In April, the company announced the expansion of power subtrack systems for railway applications. |
Competitor Comparison
| Key Parameters | Bel Fuse Inc | Amphenol Corp | Littelfuse Inc | Sumida Corp | RF Industries, Ltd. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Japan | United States of America |
| City | West Orange | Wallingford | Chicago | Chuo-Ku | San Diego |
| State/Province | New Jersey | Connecticut | Illinois | Tokyo | California |
| No. of Employees | 7,000 | 95,000 | 17,000 | 17,985 | 321 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Daniel J. Bernstein | Chief Executive Officer; President; Director | Executive Board | 2001 | 69 |
| Farouq Tuweiq | Chief Financial Officer | Senior Management | 2021 | 40 |
| Dennis Ackerman | Vice President; President - Bel Power Solutions | Senior Management | 2014 | 60 |
| Joe Berry | Vice President - Magnetic Solutions | Senior Management | - | - |
| Peter Bittner III | Vice President; President - Bel Connectivity Solutions | Senior Management | 2015 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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