"Is NTE going out of business?" - The current state of New Tone Electronics (NTE)

Hello Everyone!

You may have heard a bunch of people talking on the internet and some things that seem like rumors passing around about NTE going out of business.

Well, unfortunately we are able to confirm that, after 40 years of operation, NTE is now officially out of business. They've closed their doors and ceased operation. As supported by a post on their official Linked In profile.

Here's an excerpt from that post on Linkedin:

“For more than 40 years, NTE Electronics Inc thrived with quality products, off-the-shelf delivery, and remarkable growth, earning respect across the industry while maintaining profitability under strong leadership. It is with great sadness that we announce the closure of NTE Electronics Inc.”

We are sad to see them go.

Good things can come from bad things. Vetco Electronics saw this coming for a while now. Because of the “writing on the wall”, we already started to replace NTE's line of inventory we carry. Not only do we still have thousands of NTE marked and packaged parts in stock still, but as we run out we are filling the gaps with our new supplier.

To make this transition easier for our customers and former NTE customers, we are using NTE's numerical part numbers, but replacing the NTE with our identifier of VET. So an NTE123AP would now be known as a VET123AP. We're doing this slowly as we run out of the NTE part that someone was looking for.

We are also working with every customer to ensure they get the part they need. From individuals all the way up to large corporate and Government entities, we are handling any need for electronic components and more!