More traveling, this time to the midwest, and more driving. First a visit to a new customer in St. Louis, then a long drive to Elizabethtown KY to visit the warehouse at Keyboard Carriage. This is about a 5 hour drive but it is through some very beautiful scenery. You have to love the look of the midwest, and being a Midwesterner, I do. The next day, I not only drove back to St. Louis, but 2 hours further to Columbia. While on my way I decided to take a detour and drop in on one of my old homes, Jasper Indiana. You may remember that I worked for Kimball during the time Kimball owned Bösendorfer. Kimball has its headquarters in Jasper and the piano factory (Kimball, not Bösendorfer) was about another 30 minutes up the road in French Lick. Jasper is characteristic of many small midwestern cities; an old

I worked for for Bosendorfer during the Kimball years.  That, in my opinion, was a much less logical combination than Bosendorfer and Yamaha and there were plenty of jokes (Kimball-dorfers, Bosen-balls). But, in fact, Kimball was a wonderful steward for Bosendorfer, probably a better steward of Bosendorfer than of their own brand. I believe that a large part of our US market presence today is due to the tremendous investment in Bosendorfer marketing that Kimball made 25 years ago. You can accuse me of smarmonisoty (I made part of that up) at this point, but I believe that Yamaha will be a similar steward (and I sincerely hope so for the sake of my career). There is an important aspect to the value proposition, beyond the simple profit and loss accounting, that just makes sense. Yamaha is deeply dedicated to the world of serious pianos and music making and has demonstrated that