Wednesday, March 14, 2012

Fender going public

Here's news: Fender Musical Instruments Corp has filed for an IPO & hopes to raise about USD200mil for global expansion.

That's historical, really. But the sound of being accountable to shareholders on matter pertaining to profits isn't quite music to the ears (no pun intended). It might detract the core spirit of instrument-making per se. Maybe (just maybe) this is the reason why they are OK with doing some models in China (Modern Player series) now that there's some accounting proper to consider. 

Hey, it's not even done yet, just an initial step in making it happen- my initial/personal thoughts here. I'm not into that CBS-era Fender went through, I have tremendous respect for the 'Fender' name & its legacy. I personally feel that guitar-making is best left focused.

2 comments:

Ijau D. Koceng said...

fender china?
check out this link

subversion.sg said...

don't be misled by that- some of those guitars are made in the USA (i can see the Am Standards & stuff), just that fender is opening up to chinese production- they have started, so nothing new...