Nortek, the parent company of brands such as Sunfire, Panamax, Speakercraft, Xantec, Furman, Litetouch, Omnimount, Niles, Elan and other AV marks, announced yesterday at the CEDIA tradeshow in Atlanta that they would be filing for Chapter 11 Bankruptcy protection.
http://www.linkedin.com/news?viewArticle=&articleID=72711656&gid=164320&articleURL=http%3A%2F%2Fhometheaterreview%2Ecom%2Fav-manufacturers-need-to-floor-high-end-av-gear-for-dealers-as-part-of-an-av-stimulus-plan-%2F&urlhash=nvD_&trk=news_discuss