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Business News (more headlines)

01-14-2009

LOUD Technologies Inc. Expands Worldwide Supply Chain

LOUD Technologies Inc. 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."

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