Reuge Music's Future Looks Brighter
Staff -- Gifts & Decorative Accessories, 9/1/2003
Sainte Croix, Switzerland — Having suffered losses from the recent demise of the San Francisco Music Box Company (SFMB) and the overall sluggish world economy, music box manufacturer Reuge Music says it is on the rebound. "We were just one of 20 large creditors affected by the unfortunate Chapter 11 filing by SFMB," said Aldo Magada, chief executive of Reuge SA. "Our U.S. subsidiary reports steady traffic and a positive response to 2003's new product from key buyers at major trade shows to date. We want to reassure our customers that Reuge is stronger than ever." Reuge's U.S. subsidiary celebrates its 10th anniversary this year.
