Overland Park, KS-based MSE Audio, parent company of Phase Tech, Rockustics, Induction Dynamics, dArts Theater, and more, announced the appointment of James McManus as its new International Sales Director. This new appointment takes effect immediately.
Manufacturers
Gibson Says, Sorry Memphis, We’re Outta Here
Just a matter of months ago, Gibson Brands management assured the town elders of Memphis, TN that the company remained committed to the vibrant music community in Memphis and that they were looking for new digs somewhere within that community. But that was then and this is now – the company was basically taken over by KKR and now the company has decided to vacate Memphis, moving their group there to Nashville.
See more on the incredible shrinking Gibson… [Read more…] about Gibson Says, Sorry Memphis, We’re Outta Here
James Loudspeaker: Go Big AND Go Home
Creating & Stocking New Soundbars for Larger 75-Inch TVs
James Loudspeaker, the innovative specialty manufacturer of custom-created loudspeakers targeted at the residential and commercial custom integration channel, announced that they will create, build, and stock a new soundbar product designed to be perfectly sized for increasingly popular larger TVs up to 75-inches. By keeping this new product in stock, integrators will have quick access to a more affordable pre-built solution…a win-win for the integrator and for their client.
See more on James Loudspeaker’s new soundbar solution for larger TVs… [Read more…] about James Loudspeaker: Go Big AND Go Home
Japanese Startup to Disrupt U.S. Residential Construction Market
As you head home from work today, take a look around you at the other commuters on the road. All around you are Toyotas, Hondas, Nissans, Suburus and the like. These are all signs of the incredible success Japan has has penetrating the U.S. automobile market – taking significant market share away from the once dominant Big Three American auto makers, GM, Ford, and Dodge/Chrysler many years ago.
Can Japan do it again? Are builders D.R. Horton, Lennar, PulteGroup, K.B. Homes at risk of the same loss of market share? If Takeshi Homma (pictured here) is successful, he hopes to help Japanese companies take a big bite of the American homebuilding market.
See this bold plan to bring Japanese companies into American homebuilding… [Read more…] about Japanese Startup to Disrupt U.S. Residential Construction Market
Klipsch Black Friday Proceeds to Aid Cancer Patients
Klipsch is doing something good with a portion of their anticipated increased holiday website revenues during the upcoming Black Friday to Giving Tuesday time period. The company will donate a portion of their proceeds to The Autumn Leaves Project – a nonprofit organization that is dedicated to aiding those who are battling one of the deadliest illnesses known, pancreatic cancer.
Read more about Klipsch using Black Friday for this charitable purpose… [Read more…] about Klipsch Black Friday Proceeds to Aid Cancer Patients
Bowers & Wilkins Restructures in Support of R&D
Bowers & Wilkins (B&W) announced today it has restructured its company in order to further its research and development initiatives. In a brief announcement, only four paragraphs long, new CEO Gregory Lee (former CEO of Samsung North America) said a new, larger research facility will open in 2019.
See more on this announcement from Bowers & Wilkins… [Read more…] about Bowers & Wilkins Restructures in Support of R&D
Foxconn’s Double Dose of Bad News
A Negative Financial Report & a New Wisconsin Governor Add to Headaches
No doubt about it, Apple Inc. supplier Foxconn has had a really bad week. First, last Tuesday Wisconsin voters kicked Republican Governor Scott Walker out of office, replacing him with Democrat Tony Evers. Then early this week, the company released financial results with disappointing earnings that missed analysts estimates. Both of these unrelated events have combined to cause market analysts to question the company’s strategy going forward.
See more on what these events mean bad news for Foxconn… [Read more…] about Foxconn’s Double Dose of Bad News
Gibson to Emerge from Bankruptcy & Stop Singing the Blues
With Old Debt Gone, A New Leader & Team Arrives
Gibson Brands is on the verge of emerging from bankruptcy a much healthier business in many respects – with less debt, more money in the bank, and a new leader to help the company shed its consumer electronics debacle and reconnect with the musical instrument market. The fifth time, it appears, was a charm as the court has approved the fifth revision of a company submitted turnaround plan that, cuts debt, jettisons former CEO Henry Juszkiewicz, and puts bondholders KKR in the driver’s seat.
See more on Gibson’s dramatic turnaround… [Read more…] about Gibson to Emerge from Bankruptcy & Stop Singing the Blues
Thiel Audio Files Bankruptcy in Bitter Coda to a Sad Song
Although owned by an agribusiness tycoon who is rumored to be extremely wealthy, Thiel Audio Products Company last Tuesday declared bankruptcy. The company filed papers with the U.S. Bankruptcy Court saying it had assets of around $900,000 and liabilities of over $1,800,000. The filing was a bitter end to a sad series of developments over the last six years, with new owner David B. Griffin changing management teams at least five times in one five-year period. The result was a constant, if slow, slide down the slippery slope of ruin.
See what is learned from Thiel Audio’s bankruptcy filing… [Read more…] about Thiel Audio Files Bankruptcy in Bitter Coda to a Sad Song
Legrand and Lumileds Partner to Drive Adoption of Tunable White LED Lighting
Legrand and Lumileds announced today that they have signed a partnership agreement that is designed to combine forces and help drive industry adoption of tunable white LED lighting. The two will create and sell what they say is a “simple to integrate” and “easy-to-install plug and play solution” that delivers high quality tunable white LED light. This partnership is another example of the growing interest in this more human-friendly lighting solution.
