NOV. 9 I PAISTE, YAMAHA I DISTRIBUTION
Paiste, Yamaha End Distribution Agreement
Paiste America and Yamaha have announced that their five-year distribution relationship for Paiste products will conclude at the end of the year. Paiste America will move to serve its major U.S. retailers directly starting Jan. 1, 2011.
“We have had an excellent relationship with Yamaha Corp. of America and appreciate their efforts supporting the distribution of our instruments in the past five years,” said Erik Paiste, president of Paiste-America.
Both companies cited significant changes to the market structures in the United States, along with increased competitive pressures and continued adverse economic conditions, as reasons for ending the distribution agreement.