MIKE REUTHER from sungazette said that The popular Shop Vac brand of vacuums has been purchased by GreatStar Tools USA, giving new life to the global manufacturer headquartered in Williamsport.
GreatStar announced Monday it will take ownership of Shop Vac assets, re-open the Williamsport plant and rehire employees who lost their jobs when the factory let go most of its 430-plus work force in mid-September after a failed sale of the company by its private owners, the Miller family now living on the West Coast.
GreatStar’s bid to buy Shop Vac was settled on Christmas Eve but the identity of the buyer had not been released until Monday.
GreatStar is part of Hangzhou GreatStar Industrial Co. Ltd., a hand tool manufacturer in Asia, specializing in designing and manufacturing products for DIY, professional and industrial markets globally.
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