Live at the Village Vanguard
Fairfax, VA (PRWEB) September 9, 2009
With the completion of Green Day's newest box set, twenty-one 7" records, Furnace MFG has surpassed a historic milestone today; producing 500,000 vinyl records since the beginning of the year.
While the sale of audio CDs continues to decline, vinyl LP sales are steadily climbing. Industry estimates indicate that vinyl record sales are expected to increase 80-90% in 2009 over the previous year. Furnace MFG has experienced that growth rate firsthand by packaging and shipping over 100,000 vinyl records in July and August alone.
"A new generation of music fans are experiencing music in a whole new/old way. While the digital music format provides the convenience of portability and storage, only vinyl offers audio playback the way artists intended: analog and uncompressed. Not to mention, the larger packaging format makes the experience so much more enriching than looking at cover graphics on a computer screen or iPod," says Eric Astor, Furnace MFG President and CEO.
Notable titles among Furnace MFG's half-million records include recent new releases Green Day's "21st Century Breakdown" and Wilco's "The Album" as well as re-releases such as John Coltrane's "Live at the Village Vanguard", Neil Young's "Sugar Mountain" and Metallica's "Black Album" Box Set.
It has been reported that there is a vinyl record manufacturing capacity constraint, which will limit the growth of vinyl sales beyond current numbers. Not so, says Manish Naik, COO of Furnace MFG. "Through our exclusive partnerships with two of Europe's leading vinyl pressing plants, we have enough capacity to produce over 325,000 records per month. We import the records to our Virginia facility where we assemble and package them for retail distribution."
As vinyl record sales continue to grow and US music labels gear up for the retail holiday season, Furnace MFG expects to pass the 1 million vinyl record mark later in 2009.
About Furnace MFG:
In business since 1996, Furnace MFG (http://www.furnacemfg.com) is a recognized leader in CD and DVD duplication, replication, and vinyl record manufacturing and packaging.
Manish Naik, COO
# # #