AUGUST 2, 2019 I PEAVEY I COMPANY
Peavey Holds Auction to Sell Outdated Machines, Goods

Peavey will hold an auction on Aug. 7 in Meridian, Mississippi, to deplete its stock of outdated machines, materials and goods.

While a few consumer outlets have misconstrued the intentions behind the auction, Peavey COO Courtland Gray has issued the following statement to set the record straight:

"Peavey decided months ago to auction off outdated machines, materials and goods that are of no use or value to ongoing concerns of the business. In doing so, this frees up a 300,000-square-foot warehouse that will now become more profitable for Peavey moving forward."

The auction will offer inspection Aug. 5 and 6 ahead of the Aug. 7 auction.

peavey.com