baldwin piano company

who sold Steinway and Chickering pianos. But as corporate revenues dipped to $103.2 million in 1991 and net income slid to $4.4 million, it became clear that BP&O would have to adopt an ongoing strategy of market analysis in order to ensure steady growth and profitability. Management also hoped to more fully develop the company's OEM electronics division. The Baldwin Piano Company is an American piano brand. Howard pianos, the Howard Piano Company was a subsidiary of Baldwin Piano Co. In 1959, Baldwin began making in-home organs with the "Howard" name. The Gretsch guitar operation was sold back to the Gretsch family in 1989. In 2006/2007, Gibson purchased the Dongbei Piano Group, the third biggest Chinese piano maker in the world. Although BP&O's annual sales and earnings had not fully recovered from their late 1980s gusto by the end of 1995, CEO Hendricks expressed her confidence that the company was "Poised For Progress" in 1996 and beyond. Copyright (c) 2022 Company-Histories.com. Baldwin's endurance and eventual resurgence was credited to Armstrong, who in the early 1920s had set aside significant funds for "unforeseen contingencies." Trumann Democrat ( December 8, 2008 ). However, the company's president, Lucien Wulsin II, had created a large reserve fund for such situations, and Baldwin was able to ride out the market downturn. The three traditional pedalssoft, sustain and sostenutoare constructed of solid brass, and the fallboard utilizes a slow-close mechanism for a smooth, sure motion when in use. The company's first piano, an upright, began selling in 1891. Baldwin was the official piano of the television show Glee. In 1995, the company consolidated sales of its three primary brands--Baldwin, Chickering, and Wurlitzer--targeting each trademark at a particular price point. Competition on several fronts further complicated these fundamental difficulties. Also known as D.H. Baldwin, the name has always been one of the most widely renowned names in the American piano industry and history. To ensure a soundboard of consistently superior quality, Baldwin selects only the finest solid Alaskan Sitka spruce available. Any Baldwin made piano is worth the time, money and energy Harrison and Smith formulated several strategies for survival in these difficult circumstances. By the end of the 1930s, Baldwin led the U.S. piano industry in dollar volume, with an estimated $4 million in sales and net income of $159,000. Throughout the 1970s, the company undertook a significant bid to diversify into financial services. We also do pitch raising, piano string repair, bench repair, piano humidity control,. The History of Baldwin Piano. A new CEO, 48-year-old Karen L. Hendricks, hoped to lead a return to consistent growth in profitability. Beginning with the Paris Exposition of the Arts and Manufacturers in 1900, the well-built instruments earned top honors at World's Fairs in St. Louis (1904), London (1914), Brussels (1958), Seattle (1964), and New York (1964-65). A subsidiary of Gibson Brands, Inc.,[3] current pianos only display the "Baldwin" name and brand with all of the formerly American made upright models being made in Baldwin's Chinese factory.[4][5]. The prices of new Baldwin pianos range from almost $10,000 to just over $14,000 depending on the finish and model of the piano. In 1866, Lucien Wulsin from Louisiana joined D.H. Baldwin, who was a music teacher at the time, and began helping him sell Decker Brothers' pianos in . [1] All new pianos are being sold under the Baldwin name and not Wurlitzer, Hamilton or Chickering. Consisting of more than 7,500 parts, the Grand action features the exceptionally responsive touch that professional players prefer. This is a partial list of piano manufacturers. facility remains open as a US distribution and service center. (Note The Baldwin Piano Company conducted business at this location until 1955). North American Music, Inc. 11 Holt Drive Stony Point, New York 10980 845-429-0106 For parts and warranty information on older pianos: Baldwin Piano Company 309 Plus Park Boulevard Nashville, Tennessee 37217 615-871-4500 870-483-6111 (parts) 800-444-2766 (Baldwin 24/7 consumer hotline) www.baldwinpiano.com The company responded by acquiring Wurlitzer to increase market share and by moving manufacturing overseas to reduce production costs. 2) Under the opened lid on the ledge, stamped on a little plaque, to the right or to the left. 2575 Urban St. Lakewood, CO 80215. Baldwin pianos are famous for their touch, tone, and durability. In 1865 he engaged Civil War veteran Lucien Wulsin as a bookkeeper. Pianos are manufactured there for the US If New: $70,385. Browse our available selection, or use our filters to refine your search by size, price, location, distance from you, or color. Having graduated from the Harvard Business School in 1950, Thompson had started out as a door-to-door piano salesman. The BP211 Semi-Concert Grand is an impressive piano that can support concert quality performance for a recital hall, church, or even a home setting. This is a big sounding piano with a full length adjustable music desk. It took until August 1985 for Baldwin-United to file a reorganization plan. HAINES, W.P. From 1980 to 1983, Baldwin sold 165,000 of these policies, or over $4 billion worth, at interest rates of at least 7.5 percent and up to 14.5 percent. For distribution. At first glance Baldwin Piano & Organ Company would appear to be a rather staid, traditional manufacturer of musical instruments, but a closer examination of its more than 125 years in business reveals a fascinating history of breathtaking highs and devastating lows. The "scholarly" Armstrong led Baldwin for about 14 years, guiding a period when player pianos fueled rapid growth. In 1866, he hired Lucien Wulsin as a clerk, and the two eventually became partners in the venture, at the time named D.H. Baldwin & Company. Principal Subsidiaries: Keyboard Acceptance Corp.; Wurlitzer Co.; Baldwin Piano Company (Canada) Ltd.; Fabricantes Tecnicos, S.A. (Mexico); Korean American Musical Instrument Corp. (South Korea). By 1913, business had become brisk, with Baldwin exporting to thirty-two countries in addition to having retailers throughout the United States. Lucien Wulsin took Baldwin's helm that year, the second of three successive generations of Lucien Wulsins to lead the company through most of the twentieth century. The story of the Baldwin Piano Company, a fixture in this community for 140 years, usually starts with the anecdote that Mr. Baldwin was a music teacher, one of the first in Cincinnati Public Schools. Baldwins new Professional Series has a superb sounding grand piano for every size room or performing venue. But it was not just savvy marketing that drove Baldwin's rise to the top of the piano industry. A company history published in the June 1987 edition of Music Trades Magazine noted Baldwin's particular knack for hiring quality employees. It ceased most domestic production in December 2008, moving its total production to China. Baldwin also moved some manufacturing to countries like South Korea, where rock-bottom labor costs reigned. The Baldwin piano action is an integral part of Baldwin's winning-formula . Baldwin pianos soon captured the attention of well-known artists around the world, beginning with turn-of-the-century stars like Marcella Sernbrich and Vladimir de Pachmann and including Leonard Bernstein, Liberace, Aaron Copland, Andr Previn, Dave Brubeck, Lawrence Welk, Zubin Mehta, Carly Simon, and Bruce Hornsby, among many others. This aspect of the program allowed retailers to carry large, expensive, and impressive inventories without much risk or cost. 1873 lucien wulsin, a bookeeper with the company since 1866, enters into a partnership with dwight baldwin 1891 designed by baldwin piano They retained a small staff to build custom grands and to finish numerous artist grands which are ordered. tier of artists in all areas of musical expression ranging from The company got its start in 1862, when beloved Cincinnati-based piano teacher Dwight Hamilton Baldwin This recipe for the piano that consists of the materials used and all specifications, including the exact shape 5 out of 5 stars (1,027) $ 6.00. Fans of Baldwin vertical pianos love the beautiful WITH. Allegro: Diversification into Financial Services Begins in Late 1960s, Given Baldwin's decades of experience financing pianos, the company's late 1960s diversification into other financial services seemed quite logical. It was once the largest US-based manufacturer of keyboard instruments and known by the slogan, "America's Favorite Piano". The Baldwin Piano Company has been able to stand up against its fiercest competers in the industry, and has survied the dramatic turn toward digital electronics in the keyboard industry. However, in 2001, Baldwin was again facing difficulties, and filed for bankruptcy once again, when the company was bought by Gibson Guitar Corporation. 18. Baldwin died in 1899 and left the vast majority of his estate to fund missionary causes. These features are in abundance in the new BP211. They began manufacturing their own It even started making pianos under contract with Yamaha in 1986. Recognition and DesignIn 1904, the Baldwin At almost seven feet in length (6'11") it has the power to fill an auditorium, yet can give the warm sound of a Baldwin when played at any volume. Apply For Financing. We have rebuilt a number of these beautiful instruments for private clients, churches, and museums. Today, Baldwin is owned by the famous Gibson Baldwin: Timeless Instruments for Playing Timeless Music Baldwin Piano Company (often shortened simply to "Baldwin") is a company specializing in the production and manufacturing of pianos, organs, and other keyboard instruments. of the sound boards, the placement of the bridges and ribs, the length of the strings and the thickness of With his wife, Emerine Summers, Baldwin finally settled in Cincinnati and took a teaching post with the city's public school system in the 1850s. The fire destroyed four seven-story wooden buildings . When advisors judged him too frail for this demanding vocation, Baldwin left Oberlin to become a traveling music teacher. From Business: Shaeffer Piano Service provides tuning on all makes and models of pianos. The Baldwin Piano Company is an American piano brand. This sand cast process, combined with the use of premium iron ore, produces a plate that does not contribute unwanted resonance, thereby helping to create the classic "Baldwin Sound.". Many distinguished musicians have chosen to compose, perform and record using Baldwin pianos, including the pianists Walter Gieseking, Claudio Arrau, Mike Shinoda, Jorge Bolet, Morton Estrin, Margaret Baxtresser (ne Barthel), Earl Wild and Jos Iturbi and the composers Aaron Copland, Philip Glass, Igor Stravinsky, Bla Bartk, Stephen Sondheim, Leonard Bernstein, Lukas Foss, Andr Previn, and John Williams. Find it at your nearest authorized Baldwin piano dealer. (949)244-3729 info@livingpianos.com 16013 Waterloo Rd, Cleveland, OH 44110 The History of Baldwin Pianos Piano Lessons / piano brands / The History of Baldwin Pianos The Baldwin Piano Company has its roots in the 19th century and became the #1 selling piano in the United States in the 20th century. Under the leadership of Morley P. Thompson, Baldwin bought dozens of firms and by the early 1980s owned over 200 savings and loan institutions, insurance companies and investment firms, including MGIC Investment Corporation. A piano factory was constructed in Cincinnati, Ohio. Their name is hard coded into the American psyche in a positive way . Also known as D.H. Baldwin, the name has always been one of the most widely renowned names in the American piano industry and history. Ribs, crafted of premium solid Alaskan Sitka spruce, are hand selected and matched to each soundboard for maximum stability. launched a Decker Brothers piano dealership. 27. In the absence of net income at his own companies, Thompson set out on a quest to acquire companies with positive cash flow. eventually became partners in the venture, at the time named D.H. Baldwin & Company. Guitar Company (in 2001). A 1970s-era diversification into financial services transformed the company into a $9 billion conglomerate known as Baldwin-United Corp. Since then, Baldwin has become the only American piano company to make and distribute quality pianos to all price ranges and aspects of the piano market. Baldwin, like many other manufacturers, began building player pianos in the 1920s. . The company is named for founder Dwight Hamilton Baldwin, who was born in Pennsylvania in 1821. To ensure integrity, each part of this grand is carefully chosen for its uniformity and performance. Marian McPartland's long-running radio show Piano Jazz was hosted by Baldwin. Baldwin purchased the Wurlitzer and on ArtistGrands are also important Baldwin innovations. In 1873 Lucien Wulsin, Baldwin's bookkeeper of several years, became a minority partner in the firm of "D. H. Baldwin & Company". [18] In 2005, the company laid off some workers from its Trumann, Arkansas manufacturing plant while undergoing restructuring. Baldwin began manufacturing its own line of pianos in 1890 when it lost the Steinway franchise. Thompson would not be satisfied with a mere sideline in finance; he wanted to fashion a major conglomerate out of the nation's largest keyboard company. One of the most famous piano brands in the world, Baldwin pianos are known for their quality and sound. Chase, Aeolian, Ampico, DH Baldwin (built in Arkansas since 2004, discontinued in 2008), Cable, Ellington (2003, made in China), Hamilton, Howard grand pianos, Ivers & Pond, J & C Fischer,Kranich & Bach, Monarch, Mozart, Pianola, Pianovelle, Sargent. Reach Out Need to schedule routine maintenance, tuning, or a restoration of your instrument? Serial numbers are for the first piano made in year shown Samick (Korea) Nearly 500,000 Hamilton studio pianos have been sold since its introduction in 1939, and Baldwin pianos are found in schools, churches, and performing venues across the United States. The Baldwin story. Excludes: This "consignment/installment plan," which Baldwin had started testing as early as 1875, called for independent retailers to carry instruments on consignment, only paying shipping costs until the keyboards were sold. Exposition, St. Louis, Mo., and another Grand Prize was also awarded to cabinetry of the Acrosonic models and the durability of the institutional models. Baldwin plates are made using a sand cast process which results in high-strength, stress-free castings. [11], The company, now a subsidiary of Gibson Guitar Corporation, has manufactured instruments under the Baldwin, Chickering, Wurlitzer, Hamilton, and Howard names. The fire at one of the city's oldest and most prestigious businesses, the Baldwin Piano Co., lit up the night sky for miles on March 4, 1964. In 1959, Baldwin constructed a new piano manufacturing plant in Conway, Arkansas, originally to manufacture upright pianos: by 1973, the company had built 1,000,000 upright pianos. The company started in a small shop on Fourth Street in Cincinnati, Ohio. Enjoy this page? It ceased most domestic production in December 2008, moving its total production to China. Baldwin has been "America's Favorite Piano" ever since company founder D.H. Baldwin vowed to manufacture "the best piano that can be built" over 100 years ago. Baldwin is about more than pianosits about peerless quality and the absolute best-sounding and 1919 Little Sunshine Frank C. Huston Baldwin Piano Company Song Book Sheet Music ad vertisement by CindysCozyClutter Ad from shop CindysCozyClutter CindysCozyClutter From shop CindysCozyClutter. Having saved a $2,000 nest egg over the course of his seven-year career in music education, Baldwin invested the money in a retail piano shop in 1862. For the most part, Baldwin carried on the strategies formulated in the late 1980s through the early 1990s. Hoping to become an itinerant minister, this pious Presbyterian took courses at Ohio's Oberlin College. But bad management in the 1980s led to one of the largest bankruptcies in American history. It was once the largest US-based manufacturer of keyboard instruments and known by the slogan, "America's Favorite Piano". The showroom carried Chickering, Steinway, Decker Brothers, and Vose pianos as well as Estey Reed organs. , Monarch, Mozart, Pianola, Pianovelle, Sargent. By alternating the grain direction of each ply, tuning pins are snugly held. In 1961 Baldwin constructed a new piano factory in Greenwood, Mississippi. Renner hammers from Germany sound high-quality Roslau strings, and a 25-ply hard maple pin block offers a lifetime of precision performance. Used pianos are also available on the U.S. market in particular for those on a smaller budget . A limited number of instruments manufactured by The Ohio Valley Piano Co. were sold under the D.H. Baldwin & Co. name. Therefore, we are unable to provide technical support or warranty work for instruments not in our area. Wulsin accepted a partnership in the company in 1873, and with Baldwin established sales outlets in Louisville and Indianapolis as well as other smaller cities in the tri-state area. [13] The new company went public in 1986 as the Baldwin Piano and Organ Company[14] and moved its headquarters to Loveland, Ohio. In June 1983 the board of directors called in Victor Palmieri, an expert at bankruptcy reorganization, to guide the proceedings. [23] Baldwin was second only to Steinway in its artist and symphony roster. The Baldwin Piano Company is an American piano brand. Vintage Baldwin pianos continue to be highly respected and the company continues to be known for its ability to make piano ownership available to people from all walks of life. Baldwin Piano & Organ (BP&O) emerged from the fiasco focused on its core business, keyboard instruments, only to find intense foreign competition and a shrinking customer base. Under his guidance, Baldwin acquired literally dozens of financial services firms in the 1970s and early 1980s. Our available Baldwin pianos include a range of types, costs and conditions. La marca de guitarras Gibson se declara en bancarrota, "Baldwin ceases production, lays off workers", "Music Engineers. A grand piano naturally becomes the focal point of any room, and you'll want to fill it with the finest piano built. (513) 576-4500Fax: (513) 576-4546Web site: email:bpao.com Public Company Founded: 1862Employees: 1,500Sales: $122.6 million (1995)Stock Exchanges: NASDAQSICs: 3931 Musical Instruments; 3674 Semiconductors & Related Devices; 6141 Personal Credit Institutions Source for information on Baldwin Piano & Organ Company . His skill at shuffling money among subsidiaries to limit corporate taxes and generate acquisition funds won him a reputation as a financial "wizard.". Recreations of the former US built verticals are built at its factory in Zhongshan, China. Baldwin has been in the business for 150 years and The company stands on a good solid reputation for beautiful and reliable pianos and organs. The worth of this piano is $1,550.00 when it is tuned to its peak performance level. Baldwin has been Americas Favorite Piano ever since company founder D.H. Baldwin vowed to manufacture the best piano that can be built over 100 years ago. Baldwin pianos are manufactured in China. Baldwin has bought two piano factories in China in which they are manufacturing grand and vertical pianos. [3] Pianos Electronic Piano Instruction Debuts The D. H. Baldwin Co. Has introduced at Angie D'Amico's Baldwin Piano and Oregon store, 1623 California. The Baldwin Model 248 is the basis for the current model BP5. Subsequently production of upright pianos was moved from Cincinnati, Ohio to Greenwood. Baldwin Piano Co. Thompson may have been known as a financial magician, but no sleight-of-hand could help him come up with the $440 million short-term debt payment that finally came due March 1983. as outstanding symphony orchestras all over the globe. We are a regional dealer in Southern Illinois for Baldwin as well as many other piano and organ brands. Fans of Baldwin pianos love the big American sound of the instruments, particularly in the bass area, Wulsin became a partner in the dealership, by then known as D.H. Baldwin & Company, in 1873, and, under his leadership, the Baldwin Company became the largest piano dealer in the Midwestern United States by the 1890s. Baldwin Piano Company filed for bankruptcy in 2001, and the company was liquidated. In October 1986, they sold 19.4 percent of the company, about 1.2 million shares, to generate about $9 million in debt reduction funds. When advisors judged him too frail for this demanding vocation, Baldwin left Oberlin to become a traveling music teacher. Sitting between a Yamaha U1 / YU1S and Yamaha U3/YU3S in size and similar to a Kawai K500 in size but with the warm deep American piano . Baldwin quickly became one of the largest piano . Most piano professionals have access to detailed information about these brands using a Piano Atlas to reference serial numbers, which are used to determine a piano's age using the year a piano was built. A-1 Piano is proud to be the exclusive Baldwin Piano dealer in the Puget Sound area. As Baldwin grew into a $9 Billion conglomerate, it began to invest in other (non-musical) enterprises - which, unfortunately, drove the company into bankruptcy during the 1990s. The BP211 pinblock consists of 25 plies of hard maple, one of the most durable hardwoods. international piano markets. The handmade Artist Grands, built at the Trumann Factory in the U.S.A., are among the finest anywhere, at any price. U.S. acoustic piano sales peaked in 1978 at 282,000 new units, according to the American Music Conference, a Chicago-based trade group. In 1890, they were able to build their own factory, the Baldwin Piano Company, to manufacture pianos. Regardless of the genre, a Baldwin piano speaks the language of music with eloquence and passion. Keys respond to the subtlest command. . Built in 1953, this Baldwin Acrosonic Supreme Tone Spinet Piano stands 36 inches tall and has the serial number 527747 on the back. Baldwin Hamilton Upright Piano - good condition. A subsidiary of Gibson Brands, Inc., Read More This Baldwin SF10 is a beautiful piece, and I (Aaron, the owner of the store) have quite the history with it at this point. The models became unpopular by the end of the 1920s, which, coupled with the beginning of the Great Depression, could have spelled disaster for Baldwin. Regis, Sargent, Schroeder, Valley Gem, Winton, and Wurlitzer. [8] Unaccustomed to marketing guitars, the Baldwin stores failed to interest many guitar buyers, and sales proved disappointing. St. James Press, 1997. It was not until after they lost their Steinway franchise in 1887 that the colleagues decided to begin designing and building their own keyboard instruments. (503)-775-2480 malia@portlandpianocompany.com. Net income more than doubled during the period, to over $7.1 million in 1987. All but $4 million of the $65 million buyout was financed with help from Security Pacific Business Credit and General Electric Credit Corp. A Baldwin piano was seen nightly being played by Paul Shaffer on the Late Show with David Letterman. to rebuild or refurbish. your Facebook account, or anywhere that someone would find this page valuable. Who owns Baldwin piano? In the meantime, Baldwin Piano & Organ was among the $1.4 billion in assets sold off to settle claims against the parent company. In 1862, Baldwin started a Decker Brothers piano dealership and, in 1866, hired Lucien Wulsin as a clerk. The Baldwin Piano Company has a long history of creating high quality upright pianos that sound great and last forever. The Baldwin Piano Company continued producing pianos throughout the 20th century, taking control of several other well-known piano brands like Chickering and Wurlitzer. 1895 Baldwin introduced first Baldwin grand,also designed by Macy. Baldwin's assets were bought by the Nashville-based Gibson Guitar Corporation in the same year, and a substantial reorganization plan was put in place. Baldwin Piano & Organ Center the Midwest's Premier Showroom since 1937. Baldwin pianos feature solid construction reinforced backs constructed of the finest materials. pianists, composers, conductors, singers, and instrumentalists - as well This strategy not only clarified brand strategies, but also yielded manufacturing, distribution, and back office efficiencies. The handmade Artist Grands, built at the Trumann Factory The company was founded by Dwight Hamilton Baldwin in Cincinnati, Ohio in 1862. 1890 - 11001895 - 60001900 - 104001905 - 123001910 - 164001915 - 240001920 - 358001925 - 480001930 - 630001935 - 746001940 - 887001943 - 1020001948 - 1050001950 - 1102431955 - 1281671960 - 1450021961 - 1486351962 - 1527061963 - 1565911964 - 1608681965 - 1657011967 - 1758211968 - 1797021969 - 1846611970 - 1900281971 - 1924011972 - 1954851973 - 1996491974 - 2041131975 - 2087421976 - 2134701977 - 2178531979 - 2288581980 - 2366541981 - 2429841982 - 2483061983 - 2532741984 - 2572931985 - 2622561986 - 2663291987 - 2704161988 - 2785561989 - 2842281990 - 2906561991 - 2937721992 - 3017741993 - 3051101994 - 3100001995 - 3130001996 - 3160002000 - 3665832001 - 3770232002 - 3805842005 - 3838362006 - 3844722008 - 386496, Baldwin vertical pianos, serial numbers: Models up to 42" tall, 1984 - 13439551989 - 14530701994 - 15215691999 - 15568892005 - 15750742008 - 1577265, Vertical piano serial numbers: Model 248A Pro, 48" tall, 1990 - 4279931991 - 4352121992 - 4409151993 - 4456231994 - See numbers below, Baldwin vertical pianos 44" tall and up: Models 6000, 5050, 248 (after 1993), 243, 1984 - 3871191989 - 4162541994 - 4501981999 - 4740912004 - 4853962008 - 486686, 1895 - 20001900 - 90001905 - 310001910 - 570001915 - 830001920 - 1270001925 - 1720001930 - 2170001935 - 2510001940 - 3040001946 - 3650001947 - 3850001950 - 4503001955 - 5594901960 - 6798441965 - 7840171970 - 9129861975 - 10357191980 - 12203741985 - 13655051990 - 14704431995 - 15294162000 - 15630292005 - 15750742008 - 1577265. However, Fender and Gibson continued to dominate, and sales did not reach expected levels. $139.95 shipping. Baldwin Grand Piano, which was designed, manufactured and guaranteed by Plants in Arkansas, Mississippi, and later Mexico had replaced the original factory by 1968. This enhances both the structural attributes of the piano and its sound characteristics, helping to produce full, rich tone. Rent A Piano Shop Pianos PIANO SERVICES Our complete line of piano services that our Portland piano store offers include: tuning, repair and restoration, purchase or consign, rentals, moving, and storage. Bankruptcy reorganization, to manufacture pianos by 1913, business had become brisk, with Baldwin to... Smaller budget billion conglomerate known as Baldwin-United Corp your instrument Thompson set out on a plaque! Are also important Baldwin innovations bought two piano factories in China in which they are manufacturing and... 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