Topic: Buying or Selling
By the middle of the 1900s, American manufacturers were reduced to perhaps a few dozen larger companies, each owning the rights to several piano names of the past. Balwin, for example, produced pianos with names such as Hamilton, Howard, Monarch, and Ellington. Ampico, (American Piano Company) and Aedian were big conglomerates created through mergers and acquisitions. By the 1970s, Asian manufacturers were exporting pianos in a big way, resulting in more American companies closing. By the 1980s, only a handful of U.S. Piano manufacturers remained, yet the rights to these old names have been sold and are used by a variety of companies.
Dean
Posted by Dean Diers Piano Service
at 8:57 PM CDT
Updated: Tuesday, 25 October 2011 9:17 AM CDT
