CPI Econco Division Acquires Freeland Products
WOODLAND, Calif. - February 13, 2012 - The Econco Division of Communications &
Power Industries LLC (CPI) has acquired the business of Freeland Products,
Inc., a Louisiana-based company that repairs and rebuilds
vacuum electron devices for the communications, industrial, scientific and
medical markets. CPI Econco Division and Freeland Products provide similar
services to customers in shared end markets.
Under the terms of the asset purchase agreement, CPI Econco Division has
acquired all of the inventory, equipment, supplies and substantially all of the
other assets of Freeland Products for an undisclosed sum.
CPI Econco Division will integrate these assets into its Woodland, Calif.
facility, and will run the business from that location. The acquisition was
funded entirely from CPI's cash on hand.
"Econco and Freeland Products have long shared a commitment to providing
customers with high-quality rebuilt tubes and exceptional service, and Econco
intends to continue this commitment to our customers going forward.
We look forward to working with Freeland's customers," said David Elliott,
president of CPI Econco Division. "In addition, I would personally like to
thank Joel Freeland and the Freeland family for their contributions to our
industry over the past seven decades."
"I am pleased to have such a worthy and dedicated successor to the business
started by my grandfather in 1940,"said Joel Freeland, president of Freeland
Products.
"I am fully confident in Econco's ability to meet the future needs of
Freeland's customers and to provide them with the excellent products and
services they have come to expect from both of our companies."
>Message: 4
>Date: Mon, 30 Jul 2012 13:01:13 -0400
>From: "Paul Christensen" <w9ac@arrl.net>
>Subject: Re: [Amps] 3CX1500A7/8877 vs el cheapo GS-35B
>
>Or, consider re-buildable directly-heated cathode types that may, or already
>have, gone out of production, but where sufficient usage across industries
>will keep rebuilders like Econco and Zonum in business -- although I believe
>Econco is now a CPI-owned company.
>Paul, W9AC
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