[net.music] Fender is Indeed out of Business

bottom@katadn.DEC (01/05/85)

After talking to my favorite Fender Dealer this is it. Fender Guitars was
a victum of budget crunchs. CBS put the whole copany up for sale. A Japanese
company yet unnamed bought Fender Electronics. Fender guitars is closed....
history, finished etc. I notice that somebody thought that alll strats were
made in Japan recently, not true only the Squire line of guitars was made
in Japan, I bought one for my oldest and I have to say it is a very good 
guitar. The Vintage and standard line of strats, teles etc were made in
USA up until the time they closed the doors.
 Gibson has been for sale for about 8 months now according to my dealer,
Norlin the parent company has told the dealers that if it dosn't selll
within the year they will also close their doors.
 Competition is very nice but it seems to be a loss to me that the two
biggest and first electric guitar makers in this country , makers of some
great classics should fall prey to the Japanese invasion and the glitter
of Dean, kramer etc. However I admit to owning a Washburn and liking it 
very much, please note I have three fenders also.
				*db*
dec-katadn!bottom