Peavey Electronics

Peavey Electronics Corporation

Type	Private
Founded	1965
Founder	Hartley Peavey
Headquarters	Meridian, Mississippi, United States
Key people	Hartley Peavey (CEO)
Products	Audio equipment
Revenue	$271 million (Est.)
Number of employees	2,400
Subsidiaries	Peavey Electronics Europe, Ltd.
Website	www.peavey.com

Peavey Electronics Corporation is an American company that designs, develops, manufactures and markets professional audio equipment. It is one of the largest audio equipment manufacturers in the world, headquartered in Meridian, Mississippi, United States.

Hartley Peavey founded Peavey Electronics, one of the world's largest manufacturers and suppliers of musical and professional audio equipment, in 1965 after building his first amplifier in 1957. Since its foundation, Peavey Electronics has been privately owned, and has grown massively from their humble beginnings in Hartley's basement in the 1950s.

In 2011, Inc. magazine profiled the global success story of music and audio innovator Hartley Peavey and Peavey Electronics Corporation. "Hartley Peavey dreamed of becoming a rock star," wrote Inc.'s Kasey Wehrum. "Though he lacked the chops to become the next Chuck Berry, his name has been etched into the pantheon of rock 'n' roll history."

Peavey currently owns 1.5 million square feet (140,000 m²) of manufacturing/assembly area over 33 facilities across North America, Europe and Asia, 18 of which are located in their home state of Mississippi. Products are manufactured mainly in China, and in the United States, and are distributed to 136 different countries across the globe. They also hold 130 patents, and have a product range of around 2000 designs, with between 80 and 100 added each year.

In 2014, Peavey closed its UK distribution and manufacturing operations, citing that while the UK facility was originally set up as a manufacturing plant, but with advancing and lower cost Chinese manufacturing it became unsustainable.

Peavey Electronics also owns eight major electronics brands, namely MediaMatrix, Architectural Acoustics, PVDJ, Crest Audio, Composite Acoustic, Sanctuary Series, Budda Amplification, and Trace Elliot.