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Thread: possible trouble...quantegy going under?

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    possible trouble...quantegy going under?

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    http://www.equitypartnersinc.com/deals.cfm

    this was posted at tapeop. It mentions how quantegy may no longer be able to make tape.

    If this is true... man

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    Smile Quantegy wishes to sell its business to new owners only!

    From the seller;

    QUANTEGY - Audio, Video, Instrumentation, & Data Recording Media

    $30 Million Annual Sales - Opelika, Alabama


    Our firm has been engaged by Quantegy to seek a joint venture partner, equity investor, or entirety sale of the business. From motion picture sound to video from the surface of Mars, only Quantegy provides a full line of audio, video, data, storage, logging and instrumentation recording media products designed exclusively for the demanding professional. Renowned for their unsurpassed quality, durability and innovative design, Quantegy products dominate every professional media arena, including Grammy-winning master recordings, TV field acquisition, instrumentation recording for defense and space exploration, and data storage applications worldwide.

    The Company’s rich history and quality leader position date back to the days of WWII, when General Eisenhower assigned Major John Orr to develop an American magnetic tape manufacturing facility. That company, in 1959, became a part of the Ampex Corporation. In 1995 Ampex sold the Ampex Recording Media Corporation division to outside investors and it became Quantegy, Inc., which moved its headquarters to the Ampex Recording Media Corp. manufacturing facility in Opelika, AL.

    In Professional Video, Quantegy supplies a wide range of analog and digital videotape products. The Company continues to be the industry leader in the Analog Audio Market. In the last decade, more gold and platinum records have been made on their famous formulations than on all the other brands combined, and most Hollywood motion pictures feature soundtracks recorded on Quantegy.

    Quantegy is the only name trusted by space, defense, and emergency agencies around the world for instrumentation recording. Customers include NASA, ESA (European Space Agency), NASDA (Japanese Space Agency), CNES (French Space Agency), Raytheon, Boeing, and Lockheed Martin. Quantegy is the exclusive supplier of emergency logging tapes to Dictaphone. Information technology pros around the world rely on Quantegy Data products to archive critical applications.

    Corporate headquarters, a sales call center, and a manufacturing facility are located in Opelika, ˝ mile from Interstate 85 at Exit 60. The campus has 542,000 square foot of facility, comprised of 4 major structures and 18 minor ones, on a 36 acre parcel of land. Included in the structures is a 40,000 square foot class 10,000 clean room. The production lines utilize a broad array of equipment, including a very advanced line for metal particle products, equipment conducive to precision coating and capable of simultaneously coating two layers, and state-of-the-art slitting machinery.

    In addition, Quantegy has a direct sales force located in key market areas, is supported by Menlo warehouse and logistic operation in Ontario, CA and Harrisburg, PA. Direct sales and an outside warehouse in Toronto support Canada. Quantegy Europe headquarters are in Nijmegen, The Netherlands and an additional office is located in London. The Asia/Pacific region is handled out of their offices in Hong Kong. A global indirect distribution network from Russia to China and Indonesia to Brazil supports all of the countries in other parts of the world.

    This is a unique opportunity to acquire world-wide distribution, an outstanding and loyal customer base, and a very strong brand name with an impeccable reputation for innovation and the highest quality products in its industry.

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