Sunday, October 22, 2017

Gibson Memphis Guitar Factory Is Up For Sale

Gibson Factory in Memphis
Gibson Guitars has put their downtown Memphis facility up for sale.

In a press release, the company implies that the Memphis factory is not closing, or leaving Memphis, but looking for a smaller space the the almost 128,000 building they currently occupy. Asking price is $17 million dollars, including a 330 space parking lot.

Gibson has been a Memphis fixture for the past 18 years. When it was built it had a large entertainment facility that has not been used in the past few years.

Unconfirmed source state the Gibson Brands Incorporated has accrued considerable debt.

Inside the Memphis Plant
The agents handling the sale stated, “They are definitely going to stay in Memphis, but when this venue was built it had a large entertainment venue (that) hasn’t been utilized in a couple of years,” he said. “And that’s approximately half of the building.”

They go on to say that the Memphis plant will not be closing anytime soon. It is estimated that it will take 18 to 24 months to find a new home.

Gibson Memphis Plant
Gibson has three factories that produce their instruments. The facility in Memphis builds the ES semi-hollow body electric guitars and all of their custom instruments. In Nashville, Tennessee, Gibson’s solid body guitars are produced, and in Bozeman, Montana, Gibson’s acoustic guitars are created.

Gibson Brands CEO Henry Juskiewicz
In a press release, Gibson CEO Henry Juszkiewicz states: “We are extremely excited about the next phase of growth we believe will benefit both our employees, and the Memphis community. 


I remember when our property had abandoned buildings, and Beale Street was in decline. It is with great prid that I can see the development of this area with a basketball arena, hotel, and a resurgent pride in the musical heritage of the great city of Memphis. We continue to love the Memphis community and hope to be a key contributor to its future when we move nearby to a more appropriate location for our manufacturing based business allowing the world the benefit or our great American craftsmen.”

Epiphone Les Paul Standards.


In addition to the Gibson brand name, Gibson also owns the Epiphone, Kramer, Maestro, Kalamazoo, Dobro, and Valley Arts brand names for guitars.



Baldwin Piano


The company owns the Slingerland Drum Company, as well as the Baldwin, Wurlitzer, Chickering, and Hamilton piano brand names.



Slingerland drums are no longer being manufacutred.  Some of the other guitar brands are no longer being made, while others, that were once American brands, are now being outsourced to Asian manufacturers.

Gibson Innovations products
Surprisingly, Gibson Brands largest business in not in guitars, but in its electronics and audio businesses. Gibson Innovations is a licensee of Phillips brand audio, Gibson also owns the Onkyo Corporation, which produces Onkyo and Pioneer brands.

Teac Mixer
They own both the Tascam and Teac Corporation, including their Esoteric brands. Gibson owns Cerwin Vega, Stanton, KRK Systems and the software company; Cakewalk.

Click on the links under the pictures for sources. Click on links in the text for further information.
©UniqueGuitar Publications (text only)




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