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VOLUME -26 NUMBER 9
Publication Date: 09/1/2011
Front Page News
People in the News
Electronic Mfg. Services
Electronic Mfg. Products
Special Features: Assembly and Production
Product Preview: AATE and IPC-MW
September 2011 Issue
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Gowanda Recapitalizes, Poised for Expansion
Gowanda, NY — Gowanda Electronics, a designer and manufacturer of precision electronic components for RF and power applications, recently completed a recapitalization of the company with Addison Capital Partners. The new structure will enable Gowanda to accelerate its plans for growth in strategically important products and markets.
David Schaack, Gowanda's CEO said, "We are very excited about this and what it means to our suppliers, customers and business partners. Gowanda is now stronger than ever, with access to financing tools and management skills which will help us take advantage of new technologies and market opportunities. We are looking forward to leveraging Gowanda?s existing and newly acquired strengths to advance the company in the global electronic components marketplace."
First Niagara Bank and Banyan Mezzanine provided financing for the recapitalization. Terms of the arrangement were not disclosed.
Gowanda Electronics designs, manufactures and supplies precision electronic components for RF and power applications. Components include standard off-the-shelf as well as custom-designed inductors, chokes, toroids, broadband conicals, and other surface mount devices that are used in a wide variety of electronic applications.
Contact: Gowanda Electronics, P.O. Box 111, Gowanda, NY 14070-0111
716-532-2234 fax: 716-532-2702 E-mail: email@example.com Web:
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