More Bad News AT Thiel


According to Ted at Strat-Ta-Gee.com Thiel is on the verge of closing. According to the Chief Engineer who was let go Dennis Crosson Thiel is done. Upper management has denied this and stated they are planning to move into the next phase. Very confusing. Looks like Classe all over again. Very interesting article on what's going on.
linnlingo
Definitely a sad turn of events for one of the most highly regarded high-end audio companies to have come down the pike...

Unfortunately, the history of this industry shows time and time and time again such entities rise up through the force of character of visionaries like Jim Thiel, but their descent comes just as quickly and sharply once that person no longer steers the ship
For Thiel lovers, a visit to the current "Thiel" website is just sad. 
It's like returning to one of the great High End restaurants only to find they are now only serving "convenient" frozen dinners.

What an awful move.


  It is very sad. But haven't seen this kind of story before in high end when a company is essentially built around one critical person? When that key person leaves whatever the reason, the company also sometimes fades from history? 
sold Jims great works in the late 70’s and brother still has a pair of 02
when Jim passed the firm missed a key decision point on retention of KEY design first principles which set Thiel apart from the pack -mostly in alignment with Vandersteen and Dunlavy....and so now here we are left with one.....I can assure you that team Vandersteen includes family members steeped in those first principles and VERY aware of the continuing importance of them.

^Some of Jim's family were quite involved, market conditions were also ah a but clumsy around the time of Jim's passing.