Bel Named To Standard & Poor's SmallCap 600 Index; Company Added To S&P's Communications Industry Group
7 December 2000
Bel Named To Standard & Poor's SmallCap 600 Index; Company Added To S&P's Communications Industry Group
JERSEY CITY, N.J.--Dec. 7, 2000--Bel Fuse Inc. today announced that Standard & Poor's (S&P) added Bel Fuse to the Communications Industry Group of its SmallCap 600 Index effective December 1, 2000."Bel's recent growth and record performance have been increasingly recognized by national publications and financial organizations like S&P. Since 1997, our earnings have jumped over 40% each year and sales have increased over 23% each year. We are proud to join 19 other rapidly-growing companies in the Communications Equipment segment of S&P's SmallCap 600 Index," said Daniel Bernstein, Bel's president and chief executive officer.
About Bel
Bel (www.belfuse.com) and its subsidiaries are primarily engaged in the design, manufacture and sale of products used in networking, telecommunications, high speed data transmission, automotive and consumer electronics. Products include magnetics for the high speed data transmission and telecom markets, fuses, delay lines and thick film hybrids. The Company operates facilities around the world.