John and Leah Kane are pleased to announce the acquisition of Elecast Inc.
John Kane, the new President of Elecast Inc. commented, “Leah and I were born and raised in NEPA and moved back to the area to raise our two sons. For the last several years, I have been commuting weekly to New York City. On March 4, 2015, we made a change. We invested in our community and purchased Elecast Inc. We are excited for this new adventure and the opportunity for our boys to learn a profound lesson about commitment and community.”
John Kane graduated from West Point with a degree in Environmental Science and served a 5 year commitment in the United States Army specializing in logistics. He received an MBA from William & Mary and completed a successful 15 year career as an equity trader in New York. John is returning to NEPA and leveraging his considerable leadership, logistics and financial skills to grow Elecast.
Leah Kane graduated from Lafayette College with a degree in Economics and Business, spent 7 years with major New York advertising agencies developing strategies for Fortune 500 companies, and has served as a litigation consultant for more than a decade. She is also a passionate volunteer in NEPA currently serving on the board of the Everhart Museum. Leah is combining her community ties and her marketing expertise to grow Elecast.
“The acquisition of Elecast is a two-fold win-supporting entrepreneurism and existing business expansion,” said Amy S. Luyster, assistant vice president, The Scranton Plan. “ We congratulate John and Leah Kane and are thrilled to see Scranton natives bringing back their experience and investing their resource and talents to grow our business community. “
Elecast Inc. is a manufacturing business located in the Ivy Industrial Park in Clarks Summit, PA. For more than 25 years, Elecast has produced high quality die cast aluminum and zinc products for long-standing clients in a wide array of industries. Elecast's dedicated team of craftsmen has more than 50 years combined experience. John Kane commented, “NEPA has a proud tradition of hardworking, honest people. I am honored to be part of Elecast's team.”
Host of Business Leaders Radio, Marty Wolff commented, “The Manufacturing Institute reports that young people want to solve problems, start businesses, make waves and make money. But to accomplish those things, they think they have to be surgeons, lawyers or even Steve Jobs. What they might not understand is that manufacturing offers real opportunities to do work that saves lives, puts men on mars, and creates our quality of life. I am so pleased John and Leah Kane have chosen manufacturing as their way to make a difference in Northeastern PA and beyond with their purchase of Elecast."
Elecast Inc.is a proud new member of the Scranton Chamber of Commerce. For more information about Elecast Inc. services, visit the new corporate website at www.elecastinc.com.
