In 1944, Gibson was bought by Chicago Musical Instruments (CMI), which was acquired in 1969 by Panama-based conglomerate Ecuadorian Company Limited (ECL), that changed its name in the same year to Norlin Corporation.
Gibson sells guitars under a variety of brand names and builds one of the world's most iconic guitars, the Gibson Les Paul. Gibson was at the forefront of innovation in acoustic guitars, especially in the big band era of the 1930s; the Gibson Super 400 was widely imitated.
The Les Paul was offered in Custom, Standard, Special, and Junior models.
In the mid-50s, the Thinline series was produced, which included a line of thinner guitars like the Byrdland.
The facility, which sits across from the Fed Ex Forum along South B. King Boulevard, is expected to list for $17 million.
Since its opening, the Gibson Memphis shop has mostly focused on building hollow and semi-hollowbody guitars, such as the famed ES series.In 1986, the company was acquired by its present owners. In 1936, Gibson introduced their first "Electric Spanish" model, the ES-150, followed by other electric instruments like steel guitars, banjos and mandolins.Gibson is a privately held company that is owned by its chief executive officer Henry Juszkiewicz and its president David H. In addition to guitars, Gibson offers consumer electronics through its subsidiaries Gibson Innovations (Philips brand), TEAC Corporation (Teac and Esoteric brands), Onkyo Corporation (Onkyo and Pioneer brands), Cerwin Vega and Stanton, as well as professional audio equipment from KRK Systems, pianos from their wholly owned subsidiary Baldwin Piano, and music software from Cakewalk. During World War II, instrument manufacturing at Gibson slowed due to shortages of wood and metal, and Gibson began manufacturing wood and metal parts for the military.The company (Gibson) was within three months of going out of business before it was bought by Henry E. The lawsuit claimed the Paper Jamz toy guitars copied the looks of some of Gibson’s famous guitars, the Gibson Les Paul, the Gibson Flying V, the Gibson Explorer, and the Gibson SG.On December 21, 2010 Gibson was granted a request for an injunction against Wow Wee and retailers in the United States which were selling Paper Jamz guitars: Wal Mart, Amazon (company), Big Lots stores, Kmart Corporation, Target Corporation, Toys “R” Us, Walgreens, Brookstone, Best Buy, e Bay, Toywiz.com, and Home Shopping Network (HSN) In 2011, Gibson acquired the Stanton Group, including Cerwin Vega, KRK Systems and Stanton DJ.In the late 50s, Mc Carty knew that Gibson was seen as a traditional company and began an effort to create more modern guitars.In 1961 the body design of the Les Paul was changed due to the demand for a double-cutaway body design.In 1952, Gibson introduced its first solid-body electric guitar, the Les Paul, which became its most popular guitar to date— designed by Ted Mc Carty and Les Paul.Gibson was owned by the Norlin Corporation from 1969 to 1986. Initially, the company produced only Orville Gibson's original designs.On December 22, 1969, the Gibson parent company Chicago Musical Instruments was taken over by the South American brewing conglomerate ECL.Gibson remained under the control of CMI until 1974 when it became a subsidiary of Norlin Musical Instruments.