Gretsch Electric Guitars
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Gretsch Electric Guitars
Gretsch is an American company that manufactures musical instruments. The company was founded in 1883 in Brooklyn, New York by Friedrich Gretsch, a 27-year-old German immigrant, shortly after his arrival to the United States. Friedrich Gretsch manufactured banjos, tambourines, and drums until his death in 1895. In 1916, his son, Fred Gretsch Sr. moved operations to a larger facility where Gretsch went on to become a prominent manufacturer of American musical instruments. Through the years, Gretsch has manufactured a wide range of instruments, though they currently focus on electric, acoustic and resonator guitars, basses, ukuleles, and drums. Gretsch instruments enjoyed market prominence by the 1950s. In 1954, Gretsch began a collaboration with guitarist Chet Atkins to manufacture a line of electric guitars with Atkins' endorsement, resulting in the Gretsch 6120 hollowbody guitar and other later models such as the Country Gentleman. Electric guitars before 1957 used singl ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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