Mahwah, N.J. — D&M Holdings took another step in rationalizing the costs of its stable of brands, this time by moving manufacturing of Snell speakers to a dedicated facility on the McIntosh campus in Binghamton, N.Y.
The change will “allow both Snell and McIntosh to benefit from increased economies of scale, while leveraging the joint supply base and procurement for maximum efficiency,” a spokesman said. Because both companies specialize in “ultra-luxury, hand-assembled, precision-crafted products,” the spokesman added, “Snell is a perfect fit for the existing McIntosh infrastructure, and the integration will allow both companies to maintain the integrity and value of their respective brands.
Charlie Randall, president of McIntosh, will supervise Snell manufacturing.
Snell speakers are currently manufactured at Boston Acoustics’ main facilities in Peabody, Mass. The new factory is targeted for a June startup, said Vic Pacor, president/CEO of D&M Holdings.
All of the brands are owned by D&M, which also owns Denon, Marantz and Escient in the consumer electronics market.
Last December, D&M announced the consolidation all Snell North American sales and marketing operations into those of McIntosh under the overall supervision of Steve Mulnick, domestic sales and marketing director. Mulnick previously held those responsibilities for McIntosh alone.
Also at that time, D&M announced the integration of sales and marketing operations for its Denon and Boston Acoustics brands.
