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The Williamsport/Lycoming Chamber of Commerce has been contacted by the new owner of Shop Vac Corporation. The group shared that it intends to keep the operations here in Williamsport and is looking to bring back employees quickly to allow for them to ramp up production.
The company toured the plant in October with the Chamber, representatives of Shop Vac and Hilco (the firm handling the sale on behalf of JP Morgan).
They, along with others, submitted bids to purchase it on Nov. 12.
The sale was finalized earlier on Dec. 24.
A press release by the buyer will be provided Monday, offering full details on the company purchasing Shop Vac along with associated information on the acquisition.