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[ARSCLIST] Fred Layn's post on the Studer list re: Quantegy
Fred Layn just posted on the Studer List some interesting news. I think
this answers the question about reformatting audio archives to 1/4-inch,
and was the news that some people were wondering about.
--He just talked to Steve Smith who had retired from Quantegy October 1
--Smith continued as a consultant until December
--There were cash flow problems due to the decline of videotape sales
and insufficient funds to pay for raw materials.
--DuPont had stopped making 1.5 mil basefilm
--Flanges had quadrupled in price in the last six years
--Oxide manufacturers weren't real interested in supplying small
quantities of audio oxides
--Apparently Ampex sold 250,000 reels of two-inch in 1992. Quantegy
sold 2,500 in 2004.
--Investors apparently bought two coating lines from Emtec and are
planning to manufacture in the Netherlands.
--"Quantegy will not rise again."