Electropac to Become Valhalla Circuits Under New Ownership
Published: 28 October 2014 (Printed Circuit Design and Fab) by Mike Buetow
(MANCHESTER, NH -- The deal to acquire Electropac, one of the oldest PCB fabricators in the US, is complete, and the company will be renamed by year-end.
As reported by PCD&F in July, Electropac operations manager Paul LaLiberte becomes the new owner of the 38 year-old business, which was founded by Ray Boissoneau and his family as a single shop and eventually grew to become one of the leading circuit board manufacturers in North America.
At its peak, Electropac had two plants in the US, two in Canada, one in England and a joint venture in Russia and Pakistan. Following the 2001 tech downturn and subsequent migration of volume PCB fabrication orders to Southeast Asia, however, Electropac was reduced to a single plant in Manchester.
LaLiberte, son of a former colleague of Boissoneau, will rename the company Valhalla Circuits as the ownership and plant management is transferred.
In a message on the company's website, Boissoneau and LaLiberte said the new owners will continue manufacturing and supporting customers, and plans to upgrade its equipment and expand its market reach.
"We plan to breathe new life into our business plan; improving the plant and equipment to better serve your future requirements. We have already started to improve our front-end to minimize the amount of time it takes to get a job to the manufacturing floor.
"With our 20-plus year veteran staff and some new talented players, we will be ready to meet and exceed your demands. We also plan to entertain military qualifications and expand product lines and capabilities."
The new company website is www.valhallacircuits.com.
Published: 28 October 2014 (Printed Circuit Design and Fab) by Mike Buetow
(MANCHESTER, NH -- The deal to acquire Electropac, one of the oldest PCB fabricators in the US, is complete, and the company will be renamed by year-end.
As reported by PCD&F in July, Electropac operations manager Paul LaLiberte becomes the new owner of the 38 year-old business, which was founded by Ray Boissoneau and his family as a single shop and eventually grew to become one of the leading circuit board manufacturers in North America.
At its peak, Electropac had two plants in the US, two in Canada, one in England and a joint venture in Russia and Pakistan. Following the 2001 tech downturn and subsequent migration of volume PCB fabrication orders to Southeast Asia, however, Electropac was reduced to a single plant in Manchester.
LaLiberte, son of a former colleague of Boissoneau, will rename the company Valhalla Circuits as the ownership and plant management is transferred.
In a message on the company's website, Boissoneau and LaLiberte said the new owners will continue manufacturing and supporting customers, and plans to upgrade its equipment and expand its market reach.
"We plan to breathe new life into our business plan; improving the plant and equipment to better serve your future requirements. We have already started to improve our front-end to minimize the amount of time it takes to get a job to the manufacturing floor.
"With our 20-plus year veteran staff and some new talented players, we will be ready to meet and exceed your demands. We also plan to entertain military qualifications and expand product lines and capabilities."
The new company website is www.valhallacircuits.com.