Due to health challenges, owner of Core Power Tech, Mark Schifter, has decided to sell to Underwood. Best wishes to Mark as he deals with this and congrats to Walter at Underwood, a company I've dealt with for my own purchases more than once. From the official announcement:
Underwood Hi Fi Purchases The Assets of Core Power Technologies, LLCLAHAINA, HAWAII (01/15/19) – Walter Liederman, President and Owner of Underwood Hifi, Inc is pleased to announce the Asset Sale Purchase of Core Power Technologies, LLC of Broomfield Colorado.
Liederman comments - 'The EQUI=CORE, DEEP=CORE and GROUND=ZERO products have been designed and executed by some of the brightest minds in our industry. Manufactured solely in the USA, the CPT line will continue to expand over the next several years. There is a Product Plan in place that calls for several new offerings this year and next. Currently, all products will be shipped from our facility in Marietta, GA.'
Core Power Technologies has been an industry leader in the Power Conditioning Segment since its inception in 2017. Liederman comments further – 'I decided to purchase this company as they already have a very good (product) market presence and they simply did not have the funds to operate the business and deliver the new and innovative products they had planned. It boiled down to creating my own brand or purchasing something existing. The opportunity to purchase Core Power really landed in my hands as three previous purchase attempts were unable to fund. I decided to buy this company as I had already sold over 100 of their products including 50 of the flagship EQUI=CORE 1800’s. It made perfect sense for me to buy the assets of this company as I know of nothing close in price that offers this level of performance.'
Winners of multiple Product of The Year Awards, the EQUI=CORE 1800 is the flagship product (pictured above) featuring 8 Hubbell Outlets and protected by a Fast Acting (audiophile approved) Circuit Breaker. Perfect for Audio or Video applications, the E=C1800 provides pure Balanced Power lowering the noise of your AC Mains to vanishing low levels. The 1800 is available in both 120 volt or 220/240 volt variants.
The EQUI=CORE 1800 will be available in March at $1995 retail with special re-introductory pricing that has yet to be announced. Further product roll-out(s) are planned for later in the year.
Underwood Hifi has factories working on their behalf in Newbury Park, CA as well as Iowa Park, TX. Underwood also owns companies making loudspeakers and electronics i.e. Emerald Physics and LSA.
https://www.underwoodhifi.com/products/core-power-technologies-av
https://www.underwoodhifi.com/
Contact Walter Liederman
underwoodwally@aol.com
++1.770.667.5633
10am – 7pm West Coast Time
No comments:
Post a Comment