March 8, 2012 |
Fender Musical Instruments Corp., the iconic company that has been making guitars in California since its inception in 1946, is seeking to raise $200 million in an initial public stock offering. In a filing with the Securities and Exchange Commission on Thursday, Fender said it intends to use the money to help pay down $246.2 million in debt and to acquire other businesses. Although its corporate headquarters are now in Scottsdale, Ariz., the company was founded in Fullerton and makes its American Standard Stratocaster and Telecaster guitars at a 3-acre manufacturing plant in Corona.
November 12, 2009 |
The sound of California business success came to my ears the moment I stepped through the door of Fender Musical Instruments Corp.'s 3-acre manufacturing plant in Corona. It reached me as riffs and scales on electric guitar, audible over the thud of metal stamping and the grind of band saws that one might customarily hear on a factory floor. But this is no ordinary plant. The last step in Fender's quality-control process requires an experienced musician to play every note on a finished guitar, listening for a stray vibration or tuning flaw to be corrected before any model, including the American Standard Stratocaster that is the plant's bread and butter, reaches a dealer.
March 30, 2009 |
Within the confines of his Corona work space, guitar designer Yuriy Shishkov had transformed a plank of blond ash wood into the body of a new Fender Telecaster. Seated at his bench, where he spends hours every day creating one-of-a-kind hand-crafted instruments, he studied the nascent creation.
CALIFORNIA | LOCAL
January 11, 2009 |
Don Randall, the dynamic sales and marketing force behind legendary electric guitar designer Leo Fender's phenomenal success during his company's first two decades, has died. He was 91. Randall, one of the founders of what is now the Scottsdale, Ariz.-headquartered Fender Musical Instruments Corp., died of age-related causes Dec. 23 at his home in Santa Ana, said his son, Tim.
October 30, 2007 |
Fender Musical Instruments Corp., the world's leading guitar manufacturer, said Monday that it would pay about $117 million to acquire Kaman Music Corp., maker of Ovation guitars and other instruments. Fender, founded in Fullerton in 1946 and now based in Scottsdale, Ariz., makes stringed instruments such as electric and acoustic guitars and basses, amplifiers and music-related accessories. The company's manufacturing headquarters is in Corona. "We are delighted to welcome the Kaman Music Corp.
August 22, 2002
* GlaxoSmithKline has asked a U.S. trade agency to block the Swiss firm Novartis from importing to the U.S. a generic version of Glaxo's antibiotic Augmentin, saying Novartis subsidiaries are using a stolen production process. * Hot Topic Inc., a mall-based retailer of clothing for teens, said second-quarter profit rose 1.5% to $4.34 million, or 13 cents a share. Sales climbed 29% to $92.5 million, but sales at stores open at least a year gained just 0.6%.