Article: Steinway Musical Instruments Consolidates Conn-Selmer Office Staff.

Business Editors

WALTHAM, Mass.--(BUSINESS WIRE)--Jan. 11, 2003

Steinway Musical Instruments, Inc. (NYSE: LVB), one of the world's leading manufacturers of musical instruments, today announced the consolidation of its band instrument office staff.

John Stoner, President of Conn-Selmer, explained, "Over the past two months we have gone through the process of evaluating our needs as one organization. As with any newly consolidated group, we had employees performing redundant functions. Through our consolidation we've eliminated 45 positions, making Conn-Selmer a much more efficient organization for the future."

Displaced employees have ...

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