I know there have been many questions and concerns about how Klipsch might change under the ownership of Audiovox. Here is what I can contribute:

I've spent the past 20 years making Klipsch my life. Music has always been part of my core. It's not likely either of these things will change.

During those years, consumer electronics, the music industry, and Klipsch have all been in constant transformation. Under Audiovox, our evolution will continue. However, the core values of Klipsch have remained constant since the founding in 1946: premium, high performance sound. Even today we are experiencing a resurgence of high end American craftsmanship in unique, high performance audio products. Our factory in Hope, Arkansas is currently at capacity of manufacturing for the first time in 10 years.

One of the key motivators in Audiovox's decision to partner with Klipsch is our dedication and commitment to the high performance audio experience and premium brand position. Audiovox is a global leader in CE based entertainment systems, particularly hi-end car audio. Their 47 years experience in delivering high performance systems is a key reason Porsche, BMW, and Bentley have chosen to make Audiovox a supplier of choice in their in car experience programs. Audiovox has a proven track record regarding acquisitions of premium companies, maintaining their commitment to performance, quality, and the essential understanding for these companies to maintain their unique DNA. Among these are Oehlbach, Heco, Mac Audio, Schwaiger, and Magnat, to name a few.

Ultimately time will tell, but in my humble view this transformative action puts Klipsch group, our employees, and our business partners on a path to maintain and grow our global leadership in high performance sound. I ask our supporters to give this a chance. I, for one, would never have gone along with the change unless it was clear just how beneficial this transaction would be to our future.

Paul

Best Wishes....!!! for all our friends at Klipsch.

mike tn

T.Paul Jacobs:

Our factory in Hope, Arkansas is currently at capacity of manufacturing for the first time in 10 years.

If that was all you said you'd have made this old hornheads day!

AMEN!

Dave

this post certainly brightened my day

excellent news about the hope factory..

Mallette:

T.Paul Jacobs:

Our factory in Hope, Arkansas is currently at capacity of manufacturing for the first time in 10 years.

If that was all you said you'd have made this old hornheads day!

AMEN!

Dave

Mallette:

T.Paul Jacobs:

Our factory in Hope, Arkansas is currently at capacity of manufacturing for the first time in 10 years.

If that was all you said you'd have made this old hornheads day!

AMEN!

Dave

That is great news!

 wooo hooo...sounds like good news...

Bill

T.Paul Jacobs:

Even today we are experiencing a resurgence of high end American craftsmanship in unique, high performance audio products. Our factory in Hope, Arkansas is currently at capacity of manufacturing for the first time in 10 years.

Now that is something to be proud of.  Amazing in this current enviroment.  Seriously cool.  JBL sadlly closes it's legendary Northridge plant  and the Hope plant is at capacity for the 1st time in 10 years.  Awesome job. 

T.Paul Jacobs:

One of the key motivators in Audiovox's decision to partner with Klipsch is our dedication and commitment to the high performance audio experience and premium brand position. Audiovox is a global leader in CE based entertainment systems, particularly hi-end car audio. Their 47 years experience in delivering high performance systems is a key reason Porsche, BMW, and Bentley have chosen to make Audiovox a supplier of choice in their in car experience programs.

Hmmmm.  When we were all going nuts and thought the Klipsch sky was falling... none of the doomsdayers, myself in cluded, I did try to be optimistic, said anything about that.  Apparentlly nobody reallly researched Audiovox.  Thankfully, to the best of my knowledge, no Klipsch fans were hurt jumping out of their basement windows.

T.Paul Jacobs:

Audiovox has a proven track record regarding acquisitions of premium companies, maintaining their commitment to performance, quality, and the essential understanding for these companies to maintain their unique DNA. Among these are Oehlbach, Heco, Mac Audio, Schwaiger, and Magnat, to name a few.

I know of Magnat and may have heard of Heco and Mac Audio but not Oehlback and Scheaiger.  Maybe European brands or at least very good stuff I don't know of.  

We were all complaining about Audiovox running companies into the ground but in all fairness, Jensen, AR, Advent,etc I think were nothing but a brand when Audiovox bought them.  When it comes to speakers with the brain power at KAT, these brands could be revivied if desired.

Apparently there has been one casuality since the parnering:

Amy's on vacation a week and the engineers get out of control....

Perhaps some new inovations can occurr with Klipsch on the "electronic" aspect of all their speakers.

JJK

blsamuel:

T.Paul Jacobs:

Even today we are experiencing a resurgence of high end American craftsmanship in unique, high performance audio products. Our factory in Hope, Arkansas is currently at capacity of manufacturing for the first time in 10 years.

 

Now that is something to be proud of.  Amazing in this current enviroment.  Seriously cool.  JBL sadlly closes it's legendary Northridge plant  and the Hope plant is at capacity for the 1st time in 10 years.  Awesome job. 

 

Fwiw, this Thread was started on March 8th when VOXX was trading at $8 a share and now at less than $6 a share my guess is the outlook isn't as rosy, even though I would gladly like to be proven wrong.