- Steinway & Sons’ net loss is almost $500,000 – the biggest loss since 1933.
- The American branch of Steinway & Sons builds 957 upright pianos, and 462 grands.
- Steinway & Sons in America employs fewer than 500 people.
- Looking for ways to save Steinway & Sons, Roman de Majewsky researches the potential of manufacturing furniture lamination and helicopter floors – but ultimately rejects both ideas.