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The Stevensville company is disbandinf its nightlymanufacturing operations, spokeswomam Rebecca Eaddy said in an interview. Eaddy said the recessiobn has impacted musical instrument sales overall and Paul Reed known for its stylish isnot immune. The cuts will bringt Paul Reed Smith’s work forcs to 250. Despite the economic downturn, the company has completedc an 84,000-square-foot expansion to accommodated its new acoustic guitar and amplifier The Maryland Department of Business and Economi c Developed helped finance the expansion witha $10 millionn bond. Paul Reed Smith said it . Eaddy said the company has hirednew workers, but couldn’t pinpoint exactlyy how many.
Eaddy said the company is seeinyg “what it is we can bring to markey that our consumers might notalready have.” The company plans to roll out a 25th anniversary line of guitars later this Some of the finest musiciansz in rock music, including Carlos Santanas and Rush’s Alex Lifeson, play Paul Reed Smityh guitars. The company manufacturerse around 70 guitarsa day.
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