Lenco (Q9878)
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Revision as of 14:12, 10 July 2024 by ChrisVG (talk | contribs) (Created claim: Property:P320: 1977)
manufacurer of audiovisual equipment
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Lenco | manufacurer of audiovisual equipment |
Statements
1946
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1949
The firm initially produced a range of household products moulded in plastic and aluminium before launching its first turntable in 1949 to take advantage of the, then new, LP record format introduced by Columbia Records. (English)
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1961
In 1961 Lenco opened a factory in Osimo, Italy, where it initially produced electric motors.[3] In the 1970s, the Italian factory started to produce turntables and cassette decks.[ (English)
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1977
The mid-1970s downturn in the global economy depressed the demand for high fidelity audio equipment. Coupled with increasing competition from products made in the Far East, Lenco's fortunes declined. Lenco AG Burgdorf was declared bankrupt in 1977 (English)
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