No indeed they didn’t, but they did practically revolutionise the student market with instruments that were both affordable and reliable and delivered a profit to the companies (which in the late ’70 nobody else seemed to be able to do and by the ’80 lots of companies were going out of business and some did or were integrated in larger groups).
Going back to the future of Keilwerth and Buffet, I sincerely hope that they realise that even Yamaha has had to change and adapt and having a company with several hundred people both in France and Germany will be very difficult to manage these day when the industry is completely changed.
It has been my opinion for a while that the European (and American) industry has to come to realise that the time for the large industrial production is gone for us. We are no longer able to compete in the market segments that require large industrial facilities and huge amount of workers but we are certainly capable to offer excellence and exceptional production when the others offer low price and an average product.
The future of the old industrial nations is in exploiting their potential for classy, well made and well finished products in a context of smaller companies with fewer employees and product range.
Surprisingly, the customers for these companies will come from the old world and from the new emerging economies!
The more the Chinese , Indians, Brazilians, have disposable income the more they will be requiring products that their industry cannot or is not interested in producing.
Let’s not forget also the power of image here. Haynes flutes (American company) have an entry model made in China. I have personally witnessed an order for such a flute, from a Chinese customer to a Dutch shop who was selling a Chinese made flute sold through an American company to a Customer in China!
We have the know how, the image, the tradition. Let’s use it!