As of December 5th, Gibson Guitar owns Florida-based Stanton Group, which encompasses a wide range of new products. The Stanton Group is comprised of:
- Cerwin Vega - a professional and home loudspeaker manufacturer
- KRK Systems - makers of quality studio monitors
- Stanton DJ - makers of turntables and other DJ equipment and accessories
Through this acquisition, Gibson has formed a new division called Gibson Pro Audio, and are poised to further expand their market share. “Right now we have an extremely powerful brand that people recognize, but the musical instrument category is inherently limited because people who (buy) instruments also need to know how to play them,”, says Gibson Guitar Chairman and CEO Henry Juszkiewicz. He went further to say that the new audio division “expands our reach to fellow music lovers and allows us to access 20 of 20 consumers instead of the one in 20 we currently hit,”.
Gibson is currently involved in litigation involving alleged violations of international law pertaining to imported woods. Their Nashville facility has been raided twice in as many years. Gibson however flatly denies any involvement with such illegal activity.
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