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| Re: anyone remember the battery powered open reel recorder (129451) | |||
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Re: anyone remember the battery powered open reel recorder |
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Posted by salaamallah@hotmail.com on Sat Jun 10 22:46:15 2006, in response to Re: anyone remember the battery powered open reel recorder, posted by Newkirk Images on Sat Jun 10 22:00:40 2006. Craig Corporation.Located in Los Angeles, California and originally founded in the 30's as Craig - Panorama by Robert Craig to distribute photographic products, in 1952 his son, the economist T. Robert Craig Jr., took over as chairman of the company and quickly transformed the business into an importer and distributor of Brown Goods, although in the late fifties and 60's the company did some of their own design, quality control and final assembly but this was mainly to get around the very stringent USA import tax regulations at the time and by 1972 the company had ceased all local assembly. In 1963 the company changed from a California registered company into the Delaware registered Craig Corp. Although the company traded in all kinds of CE products ranging from alarm clocks through calculators (very high tech at the time) the company's became best know in the 60's for their tape recorder products that they sourced from Sanyo, Pioneer and others, initially these were mostly Reel to Reel but the company expanded into the 8 Track Cartridge market in the latter half of the decade and met with spectacular success in the then emerging car audio market, the end result being that in last 2 decades of the company's life it was mostly known as a provider of car audio products and novelty high tech electronics. The company had for a time very close ties to Pioneer and when Pioneer USA was set up in 1972 a number of top Craig employees left to work for that company. The company's assets including the brandname were sold to Bercor in 1985 but the company itself existed for at least a few years more since it was in litigation with it USA tax authorities as late as 1987 |
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