Business Ink

Hartley Peavey, chairman and chief executive officer of the Meridian, MS-based Peavey Electronics Corporation, and John Lee, president of the Paramus, NJ-based Crest Audio, Inc., have announced the formation of a strategic alliance between their respective companies. According to both parties, the alliance is designed to provide a sharing of resources and a blending of proprietary technologies that will "foster substantial growth and expanded market presence for both companies." Peavey

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