American's sales began to decline in 1928, and following its collapse in the wake of the stock market collapse in late 1929, Mason & Hamlin's trademark, inventory and equipment were sold to American's competitor Aeolian for $450,000 while the factory buildings were sold off separately by the end of the following year. Mason & Hamlin's role in this company was later described as the 'artist's' brand among the firm's premier lines which included Chickering and Sons ('family use') and Wm. The Cable Company, a Chicago piano manufacturing company, owned an interest in Mason & Hamlin from 1904 to 1924, when it was sold to the American Piano Company.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |