Portland-based investment group PHX AP Acquisitions and Phoenix Gold Vice President Tom O’Mara have purchased Phoenix Gold International. The company, also based in Portland, owns audio brands Phoenix Gold, AudioSource and Carver. O’Mara will become president of the new company with Jonathan Cooley as CEO. The company plans to focus now on new products, and will be discontinuing all domestic manufacturing. Looking to the future, O’Mara declared, “We have new products currently being developed by some of the industry’s finest engineers that will be launched later in the year.”
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