<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; = charset=us-ascii"> <META content="MSHTML 5.50.4807.2300" name=GENERATOR></HEAD> <BODY> <DIV>That translates to about $32,000 per piano.  That seems a little low to me.  Or maybe the dealers are making a huge = margin?</DIV> <DIV> </DIV> <DIV>Kuang</DIV> <DIV> </DIV> <BLOCKQUOTE> <DIV class=OutlookMessageHeader dir=ltr align=left>-----Original Message----- From: = owner-pianotech@ptg.org [mailto:owner-pianotech@ptg.org]On Behalf Of Billbrpt@AOL.COM Sent: Friday, December 21, 2001 1:26 PM To: pianotech@ptg.org Subject: Kimball To Sell Bosendorfer </DIV>Kimball Selling Piano Division .c = The Associated Press   VIENNA, Austria (AP) - Kimball = International has agreed to sell its famed Boesendorfer piano division = to an Austrian bank. Helmut Elsner, president of the Bawag-P.S.K. = bank, said Thursday that the sales contract will be signed in January. He = declined to name the price of the deal. Under new ownership, Boesendorfer = plans to increase production from the present 500 to 800 grand pianos a year, = said company officials. The company now employs about 230 people, = most of them in its factory at Wiener Neustadt, southeast of Vienna. Last = year, it made a profit of more than $2 million on sales of more than $16 = million. Boesendorfer and Steinway are considered the Rolls-Royces of = pianos. Among the hundreds of virtuosi and composers associated with = Boesendorfer since the first handmade instrument was assembled in the early 19th = century have been Anton Rubinstein, Johannes Brahms and Bela Bartok. Boesendorfer first gained fame in the early 1800s, after contemporaries of Franz Liszt praised it as being the first piano that = was able to stand up to the punishment meted out by the Hungarian maestro. = Kimball acquired Boesendorfer in 1966. </BLOCKQUOTE></BODY></HTML>