Peavey to auction off $12 million worth of parts and returns

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Imagine you’re running a company. Your warehouse is full, and you’ve got product taking up expensive storage space. You can either destroy the stuff, like Gibson did with the ill-fated Firebird X. Or you can put it up for auction. This is what happened at Peavey, which is now knocking out equipment worth $12 million online! Plant Closure According […]