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What is the problem with Mackie?

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  • Telecruiser
    started a topic What is the problem with Mackie?

    What is the problem with Mackie?

    I have read it here a few times that Mackie (the company) is in trouble. What's the scoop and what do you think got them there?

  • jwlussow
    replied
    Isn't LOUD involved in bankruptcy hearings, too.

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  • Flogger59
    replied
    They were a marketing company as much as a gear manufacturer. They closed the original plant, and commenced production overseas. Some late filing of financial reports lead them to be de-listed as a publicly traded company. The factory in China remained unpaid for goods delivered, and seized Mackie's tooling. Add in the RCF adventure, where they bought the company and defaulted on payment, forcing them to turn over RCF to the original owner, and I'm still barely scratching the surface.

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