Peavey Begins Global Restructuring; Peavey Begins Global Restructuring

Today's Top Story - 09.29.14 Peavey Begins Global Restructuring by Clive Young Peavey Electronics has begun an extensive global reorganization. The MI and Pro Audio manufacturer, marking its 50th anniversary next year, is now reassessing—and in some cases, downsizing—its assets, from manufacturing to distribution to service. Among the first changes, the company announced it will layoff upwards of 100 factory employees at one of its hometown facilities in Meridian, MS on November 25. Changes will also be seen overseas, as the company is shuttering its UK distribution center as well. Read More » Today's News DTVAG Forum Returns to AES » V3 Acquires Chameleon Labs » Sonic Fuel Fires Up RedNet » McQueen Booms For NASCAR » Today's Featured Blog AES: The Most Wonderful Time Of The Year By Frank Wells If a car company can appropriate a Christmas tune for an annual sales event, surely the audio industry can do the same, the sentiment capturing the enthusiastic anticipation of the annual AES Convention here in the US. Returning to city of Los Angeles and the Los Angeles Convention Center for the first time in a dozen years, the enthusiasm for the 137th AES Convention is palpable. Read More » Quote of the Week "At AES conventions, the focus is completely on audio. The attendees are universally focused on audio; the networking opportunities are unparalleled. The exhibition, even where exhibitors have non-audio aspects to their business, is audio-centric. If you live and breathe audio, AES conventions are pure oxygen." - Frank Wells From the latest issue of Pro Sound News - Click here to read the full article!

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