Sign up for ProSoundWeb newsletters
Subscribe today!

Report: Loud Technologies Facing Product Supplier Problems
Key Chinese supplier, responsible for a third of the company's pro audio products, has stopped making products due to financial difficulties
+- Print Email Share Comments (1) RSS RSS

A report this week in the Puget Sound Business Journal notes that Loud Technologies (Mackie, EAW, Martin Audio, TAPCO and several other pro audio brands) “said its key Chinese supplier, which makes about a third of the company’s audio and musical products, has stopped making its products.”

The supplier is experiencing financial difficulties.

The report states that the “products it (the supplier) made represented 35 percent of Loud’s net sales in 2007 and 32 percent for the first six months of 2008,” and added, “without those sales, Loud said it expects a ‘significant decline’ in net sales in 2009, especially in the first and second quarters.”

Read the full report here.

With Live Sound, You Can Make Anyone Sound Good

A free subscription to Live Sound International is your key to successful sound management on any scale — from a single microphone to a stadium concert. Written by professionals for professionals, each issue delivers essential information on the latest products specs, technologies, practices and theory.
Whether you’re a house monitor engineer, technical director, system technician, sound company owner, installer or consultant, Live Sound International is the best source to keep you tuned in to the latest pro audio world. Subscribe today…it’s FREE!!

Comment (1)
Posted by Surfhog2003  on  12/19/08  at  01:22 PM
Commenting is not available in this weblog entry.

Audio Central