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127th AES Convention Coverage (New York, NY Oct. 9-12)
PRESS RELEASE
Stanton Magnetics Aquires KRK Systems
August 09, 2000
Stanton Magnetics, LLC of Hollywood, FL has announced the acquisition of the name and assets of KRK Systems, Inc of Huntington Beach, CA. KRK is a leading manufacturer of high-end passive and active studio monitors. Stanton Magnetics, LLC is a manufacturer and distributor of professional DJ equipment, such as phono cartridges, headphones, mixers, turntables and CD players. A new management team will be appointed, and manufacturing of the highly acclaimed KRK speakers will resume. The facility in Huntington Beach will also be used as a West-coast distribution center for Stanton products. "I don't believe KRK has ever achieved its full potential in the marketplace. The company has had a strong reputation for manufacturing only the highest quality products, and, coupled with Stanton's manufacturing, sales, and marketing capabilities, KRK products now have the potential to become the best selling studio monitors on the market!" said Gerard Cohen, C.E.O. of Stanton Magnetics, LLC. When asked about the acquisition Keith Klawitter, founder of KRK said: "We're very excited to be working with Stanton Magnetics. They have been a highly respected manufacturer in the DJ Market and have the distribution channels and management expertise that KRK has been looking for." For more information, visit their web site at http://www.stantonmagnetics.com/.Recent Stanton Magnetics headlines
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