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Home > Company Index > Consumer Products-Durables  > Toys, Games & Other Recreational Goods > Baldwin Piano & Organ Company

Baldwin Piano & Organ Company
Nasdaq: BPAOQ
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 PROFILE
There are 88 keys to success at Baldwin Piano & Organ Company, the largest US manufacturer of keyboard instruments. Founded in 1862, the company is best known for making concert and upright pianos under the Baldwin, Chickering, and Wurlitzer names. It also makes ConcertMaster computerized player pianos and Baldwin Pianovelle digital keyboards. Baldwin has manufcturing facilities in Arkansas and Juarez, Mexico. It has sold 11 of its retail stores and plans to sell the rest. It also sold its retail finance business and plans to file for Chapter 11 bankruptcy protection. Seven different investment groups, led by Heartland Advisors, own about 65% of the company.

 COMPETITION
SCI Systems, Inc. (SCI)
Steinway Musical Instruments, Inc. (LVB)
Yamaha Corporation (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 86.10
1-Yr. Sales Growth: (30.7)%
Employees: 1,500
Revenue per employee: $57,400.00

 KEY PEOPLE
• Robert J. Jones
    CEO
• Duane D. Kimble
    CFO

 CONTACT INFO
4680 Parkway Dr., Ste. 200
Mason, OH 45040
US
Phone: 513-754-4500
Fax: 513-754-4546
Online: Web Site

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