Electropac to acquire Printed Circuit Corporation

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New Hampshire-based Electropac Company, Inc. (EPAC) announced today that it has agreed with Printed Circuit Corporation (PCC) to combine PCC's business base into Electropac's manufacturing operations in New Hampshire and Canada.

Massachusetts-based PCC, a longtime leader in the circuit board field, has agreed to transfer key intellectual property, customer and

engineering data, and certain personnel and assets to EPAC. Over the next several weeks, the two companies will work

together to make the transition for PCC customers seamless, said EPAC.

"The decision to suspend active operations was a challenging one," indicated PCC president and CEO, Glen Kashgegian. "We have invested many years and great energy into building this business. I am happy that this decision should have no impact on our established customer


As a much larger company, said Electropac, it is readily able to handle the influx of customers and business at their recently expanded facilities in Manchester and Londonderry NH, and Montreal, Quebec and Ste. Catherines, Ontario, Canada. The transition has been carefully planned

to allow for a smooth changeover during November.

"I have known the people at PCC for many years. I knew the founder, and worked closely with him at our trade organization, the IPC, over the years," said Ray Boissoneau, president of EPAC. "We are fortunate to be

able to help PCC ensure their customers meet their factory commitments, and we welcome them to the Electropac family."

Founded in 1976, Electropac manufactures high-technology, double-sided and multilayer circuit boards for international communications, networking, and industrial and commercial electronic manufacturers.

Sept. 25, 2002:Printed Circuit Corp. files for Chapter 11 bankruptcy; says business as usual during reorganization


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