June 20, 2011
While some businesses have struggled to make money during the recession, one Wenatchee area business has
Business is booming at Pacific Aerospace and Electronics (PAE). The Wenatchee area business is
headquartered at Olds Station on Chelan County Port District land. The Company’s President Lew Ware and Chief
Financial Officer Charlie Miracle provided Port Commissioners with a business status report. Steve Hair files the
report . . .
PAE moved to Wenatchee from Roseburg Oregon in 1993 starting with about 13 employees. The
Company, which is French owned, manufactures hermetic electronic packaging and components. Miracle says the
products are used in a variety of high-tech applications ranging from Medicine to Military to Aerospace…
company has seen tremendous growth in productioin and sales of a cochlear implant device that restores hearing to
those who are born deaf.
Ware says 70 percent of PAE’s business is military and aerospace related. The company
is currently owned by a French connector business, Sorio which Ware said is in the process of being sold to a
Washington-based Esterline Corporation. PAE is privately owned but not publically traded.