AudioAficionado.org - Tannoy To Close Scottish Facility And Move To China

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Tannoy To Close Scottish Facility And Move To China

Hifi Pig has just received the following message from Music, the parent company of Tannoy.
MUSIC announces proposed TANNOY redundancies and possible closure of its Coatbridge Plant
MUSIC has today announced that it proposes to dismiss as redundant around 70 staff at its manufacturing and office facility in Coatbridge, Scotland. The company is about to enter into a process of collective consultation with all affected employees, but in the event that the redundancies are confirmed following consultation, the Coatbridge facility would cease operations completely. In this event, the TANNOY loudspeaker production would be transferred to MUSIC’s new three million square-foot manufacturing plant in Zhongshan, China, with its research & development and marketing activities being relocated to MUSIC’s Innovation centre in Manchester, UK.
The announcement was made to employees today by SVP, Lifestyle & Home, Peter Sommer:
“Following an extensive evaluation of our operational and financial structure, we have taken the difficult decision to propose that the staff in our TANNOY manufacturing and office facility in Coatbridge are dismissed as redundant, which, if confirmed would see the facility closed. Whilst this is a challenging time, I would like to thank our TANNOY employees for their immense dedication and loyalty over the years, which I feel confident, will not be diminished even as we approach the forthcoming period of collective consultation.”
Following this announcement all sales, order and delivery processes remain unaffected.

Its a pity because the Tannoy workforce were an important and well established part of the Scottish audio scene. However its not at all surprising as business rates have increased by 42 percent under the Scottish National Party (SNP). As taxation increases I suspect we'll see many more businesses either moving south or shifting their manufacturing base to China.

This is discussed on Facebook, The new owners say that Prestige models will be built in a new facility in Manchester. I am not optimistic...

Total bummer. It is not the same. I've done a lot of business overseas-- with good companies-- but it is just not the same. Somebody somewhere inevitably cuts a corner. I wonder if Tamnoy is to share their new found efficiencies with the buyer...

Quote:

Originally Posted by jbaudio68 (Post 777616)

Total bummer. It is not the same. I've done a lot of business overseas-- with good companies-- but it is just not the same. Somebody somewhere inevitably cuts a corner. I wonder if Tannoy is to share their new found efficiencies with the buyer...

Jeremy....... :roflmao:

I hope they never sell another speaker .........

Quote:

Originally Posted by jdandy (Post 777618)

Jeremy....... :roflmao:

I know! It's kinda like when you burp and fart at the same time (not that it's ever happened to me) only it's a chuckle with a tear;)

I was looking at Tannoys-- not seriously -- but even less less so now...

[ame]https://m.youtube.com/watch?v=rY0WxgSXdEE[/ame]

+1 to bites the dust.

A gloomy picture of HiFi