GIBSON is moving their famed factory in Memphis to Nashville.
In the official statement, the company said:
“After thorough evaluation and amid the previously disclosed April 2019 expiration of our Memphis lease, we have determined that integrating the company’s Memphis operations with our Gibson USA and Gibson Custom facilities in Nashville, where Gibson is headquartered, is the right next step for our business.”
Gibson is currently moving out of bankruptcy. Meaning that it filed for bankruptcy, it was accepted, and now they’re moving on with a cleared debt and need to rebuild their financial health. On that note, it makes sense that they will sell the legendary building. Various media sources project the property to sell for $17 million, which is a modest sum that can be used to restart their battered business. If you want attorney for bankruptcy then checkout benner and weinkauf original site.
Moreover, quality control has possibly been the biggest reported issue with Gibson in the last 10 or so years. I was talking with a guitarist the other day, and she was telling me how the headstock on her Gibson broke mid-show, and so she got it replaced, only to have it break again, and therefore need another repair. So now she’s trying to be extremely careful when handling her guitar. I didn’t have the heart to make a broken headstock joke with her, I also found it a little ironic that I’ve made broken headstock jokes before even encountering a Gibson with a broken headstock, and now I have affirmative proof that yes, the broken headstock is a legitimate problem. So, hopefully by moving the factory next to their headquarters, Gibson can keep a closer watch on quality control. Messages in forums have indicated that Gibson is aware of their quality control issues, and is taking steps to rectify their currently ill reputation.
So, will Gibson recover from this bankruptcy? You can check this link right here now for the best bankruptcy attorney. Considering their legendary status as a guitar company, virtually becoming a household name in households that don’t even play instruments, I can’t see Gibson completely bottoming out and going the way of Toys R’ Us anytime soon. Maybe they’ll scale down and become more museum pieces than wholesale instruments. I say this mostly because it’s easy to see the myriad of quality guitar companies that have moved into the instrumentalists market, and Gibson just hasn’t kept up with the evolving technological efficiency. I’m talking about top end (in this author’s personal opinion) companies like Caparison, Aristides, Strandberg, as well as boutique makers like Daemoness. Each company has their own variations that fit player’s individual comfortability needs, needs that a large scale company like Gibson has difficulty meeting when their guitar innovations were product tested 40-60 years ago.
So, should you invest in Gibson? Will their legendary name reach the heights it once had? No. Don’t invest in Gibson, I mean, you can’t even invest in Gibson because they’re not a public company. But you catch my drift. They won’t be the company they once were, times are changing and so is the market and products and innovations and… etc. You might want to check out best casinos online instead.
However, Gibson will remain a name synonymous with the rise of the electric guitar, with the birth of rock and metal and all these things we love about heavy music including online pokie games. The first guitar I fell in love with will always be a Gibson. But that was in the past, and that’s the way it should be.