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WOODINVILLE, WA – January 12, 2009 – LOUD Technologies Inc. (NasdaqCM: LTEC) (“LOUD”) today announced 2 new contract manufacturing (“CM”) partners and the reallocation of production for certain EAW and Mackie products across its worldwide supply chain to replace capacity lost when the prior CM for those products discontinued operations in December, 2008.
Meanwhile, supplies of all other EAW and Mackie products, as well as Alvarez, Ampeg, Crate and Martin branded products continue uninterrupted, as they are manufactured at other LOUD CM partners.
“We were already moving to secure alternate EAW and Mackie production sources in response to growing backlogs with this prior supplier, and these efforts remain LOUD’s top priority. We just signed manufacturing agreements with 2 new contract manufacturers and added additional capacity at a LOUD-owned U.S. facility,” commented Jim Stewart, LOUD chief operating officer. “We already have new lines up and running for EAW KF and SB loudspeakers, as well as Mackie MR and HRmk2 studio monitors, and plan to bring up additional lines for other products every few weeks until supplies are stabilized.”
About LOUD Technologies Inc.LOUD Technologies Inc. (NasdaqCM: LTEC) is one of the largest manufacturers and marketers of professional audio and music products. As the corporate parent for world‑recognized brands including Alvarez, Ampeg, Crate, EAW, Mackie, Martin Audio and TAPCO, LOUD produces a wide range of digital recording products, loudspeakers, commercial audio systems, audio and music software, guitars, guitar and bass amplifiers and orchestral string instruments. LOUD’s brands may be found in professional and project recording studios, video and broadcast suites, post-production facilities, sound reinforcement applications including churches, nightclubs and retail locations, and on major musical tours. For more information, please see our website: LOUD Technologies Inc. - Corporate Background.
WOODINVILLE, WA – January 12, 2009 – LOUD Technologies Inc. (NasdaqCM: LTEC) (“LOUD”) today announced 2 new contract manufacturing (“CM”) partners and the reallocation of production for certain EAW and Mackie products across its worldwide supply chain to replace capacity lost when the prior CM for those products discontinued operations in December, 2008.
Meanwhile, supplies of all other EAW and Mackie products, as well as Alvarez, Ampeg, Crate and Martin branded products continue uninterrupted, as they are manufactured at other LOUD CM partners.
“We were already moving to secure alternate EAW and Mackie production sources in response to growing backlogs with this prior supplier, and these efforts remain LOUD’s top priority. We just signed manufacturing agreements with 2 new contract manufacturers and added additional capacity at a LOUD-owned U.S. facility,” commented Jim Stewart, LOUD chief operating officer. “We already have new lines up and running for EAW KF and SB loudspeakers, as well as Mackie MR and HRmk2 studio monitors, and plan to bring up additional lines for other products every few weeks until supplies are stabilized.”
About LOUD Technologies Inc.LOUD Technologies Inc. (NasdaqCM: LTEC) is one of the largest manufacturers and marketers of professional audio and music products. As the corporate parent for world‑recognized brands including Alvarez, Ampeg, Crate, EAW, Mackie, Martin Audio and TAPCO, LOUD produces a wide range of digital recording products, loudspeakers, commercial audio systems, audio and music software, guitars, guitar and bass amplifiers and orchestral string instruments. LOUD’s brands may be found in professional and project recording studios, video and broadcast suites, post-production facilities, sound reinforcement applications including churches, nightclubs and retail locations, and on major musical tours. For more information, please see our website: LOUD Technologies Inc. - Corporate Background.
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