joe boom said:
How did I miss this? Not that I was out buying their product every month, but I don't every remeber hearing that production had completely stopped. My tax refund money that did not go toward the SR5 was going toward upgrading some of my rig. I contacted Gibson to find out where I could find TE products and sure enough, they are gone.
I don't know that I entirely buy the evil Gibson story.
Kaman ditched Trace Elliot in 1997, announcing that they would cease production forthwith. This was one of those profit streamlining exercises that megacorporations often go through. Trace hadn't been as profitable as had been hoped, apparently largely due to a large number of warranty returns. These were due to Trace Elliot having been sold faulty transformers for their SMX series and design issues with their new guitar valve amps. Despite the removal of a number of persons (who shall remain un-named) including those involved in the fiasco with the valve amps, Kaman threw in the towel.
Rather than accept closure, a group of the upper management got together to buy Kaman out. They fought on valiantly, but couldn't keep Trace Elliot above the water. Rather than let it sink without trace (pun only half-intended) they approached Gibson, showing them a new valve amp they had developed based on the old Gibson Goldtone amps. Gibson bought them out saving the company for the meantime.
Trace Elliot amps continued to be produced until the end of 2001, but they were financially unviable as they were still being built in the UK. They couldn't compete in the US market. You got more bang-for-buck by buying SWR etc. The amps built in this time, at least in the mid to upper price ranges were among the best Trace ever built, but a myth has arisen that post-gibson takeover amps were lower quality, partly because of the issues with Kaman-era mosfet bass amps and guitar valve amps, partly because they tried to expand into the practice amp market.
I suspect that, had Trace been managed and marketed better by Gibson, they might still be around.
Trace Elliot amps didn't disappear altogether... Gibson/Trace Elliot are currently building Goldtone amps. The Trace factory are making Orange amps, IIRC. One of the persons removed by Kaman went on to form Ashdown amps, which are quite like trace amps (no expicit link with faulty Trace equipment of that period intended). The guy who started Trace up in the 1970s is making portable PA equipment, but has no intention of starting up instrument amplification.