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THE BLILEY ELECTRIC COMPANY WAS SOLD!OCTOBER 9, 1998 |
October 12, 1998 -- Erie, PA
Bliley Electric Company, an international custom electronics manufacturer, and its wholly-owned subsidiary, Sunburst Electronics, were acquired on October 9, 1998 by local business attorney Roger W. Richards. Bliley Electric Company, which continues to employ approximately 200 people in Erie County, will preserve its nearly 70 year tradition of providing unique quality products to the electronics industry.
Attorney Richards has appointed John T. Johnson president of Bliley Electric Company, and David A. Christopher president of Sunburst Electronics. Johnson has been employed with the company for over 18 years and has served as treasurer since 1983. Christopher has been associated with Sunburst for seven years and previously served as vice-president of operations.
"Although our dedication to quality and service behind the Bliley name will not change, the approach to improving our overall business philosophy will," said Johnson. "Our immediate goals include development of innovative low-profile crystal packages with surface mountable technology, and the expansion of our oscillator line to include a surface mountable product family - some of which will feature low power consumption.
A family-owned business since 1930, Bliley Electric Company is recognized throughout the electronics industry as a major supplier of components for computer, telecommunications, space, aerospace, and a continuing number of defense applications. Sunburst Electronics, the local leader in subcontract printed circuit board and wire harness assembly, will continue its dedication to servicing the regions' top industrial manufacturers.
As a result of this action, no member of the Bliley family has any financial or employment interest in the company. The two eldest sons of Dawson Bliley--Richard Bliley (President) and David Bliley (V.P. of Sales)-- "retired" from the company as the ownership changed hands.
The plan to sell the company (at some future date) was done with the knowledge and approval of my mother, Isabelle Bliley Kaiser, prior to her death in March of 1997.
Charles A. Bliley
October 14, 1998
