Lindsay Electroncs bankrupt, reborn, in same weekend

PETERBOROUGH, Ont. – Lindsay Electronics was purchased one day after it went bankrupt last week. The Emma Thomas-owned company went out of business on Friday, December 2, throwing 40 people out of work. However, the next day, a group of investors led by company president Dave Atman bought the company, renamed it Lindsay Broadband and this week, moved it to Peterborough. The new company Lindsay Broadband Inc. is now located at 2035 Fisher Dr. in Peterborough Ontario and hosts new sales/marketing offices and state of the art manufacturing and RF engineering facilities, says Atman. “We’ve been moving everything all week. It’s...