An article on the rocky financial path of a business started by 51-year-old Dana

Sean Donahue

Source

Mainebiz

Date

6-21-2004

Pages

1, 14-15

Abstract

An article on the rocky financial path of a business started by 51-year-old Dana Bourgeois in Lewiston that makes and sells high-end, vintage-style acoustic guitars. Last fall, a sales slow-down left the company in arrears with its creditors and pointed up the weakness of the geographically dispersed management structure of Pantheon Guitars, the corporate entity that controls the Bourgeois brand. John Burns of Maine's Small Enterprise Growth Fund, an investor in Pantheon, connected Bourgeois with operations expert Roger Brooks, who became the company's business manager. Brooks has appeased creditors, organized the company's procurement and inventory management practices, and helped workers become more efficient. With details on the turnaround and information on the upcoming L/A (Lewiston/Auburn) Arts The Source Guitar and Arts Festival.

Subjects

Musical instruments, Pantheon Guitars Lewiston, Bourgeois, Dana

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