Fulltone reportedly closing California factory after 30 years
August 25, 2022 · 1 sources
Fulltone is reportedly closing its California factory after 30 years, according to a leaked memo attributed to owner Michael Fuller and posted in a thread on The Gear Page1. The memo, dated to reporting on 25 August 2022, says the Culver City building Fuller owns is up for sale1.
The memo, described as looking to be addressed to dealers, gives financial reasons for the closure. "I'm closing the Fulltone CA Shop because I will not start pumping my personal money into a business that no longer turns a profit," Fuller writes, adding that "this four year climate makes 100% made in the USA impossible that no longer turns a profit"1. He also notes he has personally "done well financially"1.
"It's with a heavy heart that I announce that Fulltone will be closing its doors in CA after 30 years."
The memo pays tribute to staff at the factory. "The heavy heart is for my 10,15,20 and 26-year employees who are like family," Fuller writes1. The premises are listed for sale at $2,495,0001. Fuller states he is moving ahead with plans to relocate to a 17-acre property and recording studio he purchased with his wife outside Nashville in 20211. He concludes: "It's time for the old guy to move out of the way to make room for the geniuses of the next, more digital, generation"1.
The report notes the 2020 controversy in which some retailers, including Reverb, and artists boycotted Fulltone products1.