Loudspeaker maker SVS has relocated its global headquarters to Youngstown, OH, a move that gives the company additional space for design, engineering, and operations.
The facility upgrade comes four years after president and CEO Gary Yacoubian and a new management team assumed leadership of the company. During this time, SVS has experienced continuous growth domestically and abroad, and established a significant retail footprint in the U.S., according to the company. Additional space in the new headquarters will be used for product testing, an immersive demo area, SVS Sound Expert customer support, inventory management, executive offices, and meeting space.
"SVS is in growth mode, and our new facility gives us strategic operational advantages as we develop new products, meet our supply chain demands, train new dealers, and expand our team," Yacoubian said. "Ohio has been a great home for SVS—we've hired some really talented individuals who have played critical roles in helping the company grow."
Since its founding in 1998, SVS has grown from a direct-to-consumer subwoofer manufacturer selling in the U.S. to a multi-national audio company with online and retail availability across Asia, Europe, and North America. The company's previous headquarters was located 10 miles away in Girard, OH, so the move to Youngstown means the company can retain all of its current staff, and continue sourcing local talent.
"This is really a watershed moment for SVS," Yacoubian said. "We've been in the previous building since I became president, and many on our team were working there even earlier, so this upgrade is exciting for everyone since it gives us more room to operate and handle the challenges that come with growth."