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4/19/2021 - CHAMBER WELCOMES ANNOUNCEMENT REGARDING FUTURE OF SCHONBEK
The North Country Chamber of Commerce is welcoming the announcement of an agreement for the acquisition of Schonbek in Plattsburgh from Swarovski Lighting, Ltd. by WAC Lighting, with a closing on the deal expected in late June.
"It has been our pleasure to work with WAC Lighting leaders since early February as the acquisition was considered," reports Chamber President Garry Douglas. "Among other things, we directly worked with the State of New York including the Governor's office to help secure important assistance and to facilitate connections. The outcome involves a strong set of synergies between WAC, a global leader in LED technology, and Schonbek which has a special and long-standing place in the lighting fixture world. The Schonbek operation is an important manufacturer in the North Country, and we will continue to offer all of the assistance we can to WAC Lighting over the next few months and then for many years to come."