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Fender Releases MIM Cabronita Telecaster

Fender recently released an American-made version of the Fender Custom Shop Cabronita Tele, but at around $1400-1500 the guitar was still out of reach for some fans. Well, that changes with the release of the Made in Mexico (MIM) FSR version of the Cabronita Telecaster. Available now for half the price of the Amercian made version the new Cab is sure to be a popular model.

The MIM Cabronita Telecaster offers a distinctive take on a classic design and provides strong Tele tone from two new Fideli’Tron™ humbucking pickups. Other premium features include an alder body (ash on White Blonde model), modern C-shaped maple neck with a 9.5” radius and 21 medium jumbo frets, single-ply pickguard and single control knob (volume), and a string-through-body hardtail bridge with six cast saddles. The new MIM Cab is available in Three-color-Sunburst, Black and White Blonde

BUY ONE – Fender Fsr Cabronita Telecaster

Fender’s Mexico Plant Celebrates 25 years

Fender Musical Instruments Corporation (FMIC) celebrated the 25th anniversary of its factory in Ensenada, Baja California, Mexico, on Friday, July 20. Opened in 1987 and initially used for nothing more than to package guitar strings the Ensenada factory began to build guitars in 1989. The plant was destroyed in February, 1994 when, during a routine maintenance procedure, a spark in a spray booth vent caught fire and reduced the 22,000-square-foot factory to ashes in less than one hour. The plant was rebuilt from the ground up nearly 4-months later.

In the 1990′s production was ramped up and output from the Ensenada plant replaced many of the guitars made by and imported into the US from Fender Japan. Fender’s plant in Ensenada is wholly owned by FMIC were Fender Japan has always been a partnership with Fender and other companies. Today the Ensenada factory makes a great many of Fender’s lower cost guitars. Fender also builds guitars and amplifiers in China, Indonesia, India, and Korea.

We are very proud to have reached such a significant milestone,” said Sergio Villanueva, senior vice president, global manufacturing, for Fender Musical Instruments Corporation. “The level of craftsmanship produced in this factory is a testament to its success.

More than 1000 guests, including local dignitaries, company executives and factory employees, commemorated the facility’s 25-year anniversary with spectacular fireworks displays, live mariachi music, performances by Escuelita Fender, Grupo Fandango, and the popular Norteño band Intocable.

New Squier Vintage Modified Models

Fender’s Squier brand keeps coming up with new takes on classic vintage Fender models at affordable prices. And, now Squier has announced several new models to its Vintage Modified series that includes putting a Squier take on five classic Fender guitar designs — Telecaster Deluxe, Telecaster Custom, Jazzmaster, Jaguar and Mustang.

The Squier Vintage Modified Telecaster® Deluxe guitar is equipped with all-new Fender-designed Wide-Range humbucking pickups. These pickups deliver full tone and lends even more vintage-style authenticity to this new model. Other features include a C-shaped maple neck with vintage-tint gloss finish, 12”-radius maple fingerboard with 21 medium jumbo frets and black dot position inlays, three-way toggle pickup switching, four black skirted amp knobs (two volume, two tone), string-through-body bridge with six stamped saddles, and vintage-style chrome tuners.

BUY ONE! – Squier Vintage Modified Telecaster Deluxe

The Squier Vintage Modified Telecaster Custom guitar pairs a Wide Range humbucking neck pickup with a Duncan Designed TE-101B single-coil bridge pickup. It also includes a C-shaped maple neck with vintage-tint gloss finish, 9.5”-radius maple fingerboard with 21 medium jumbo frets and black dot position inlays, three-way toggle pickup switching, four black skirted amp knobs (two volume, two tone), string-through-body bridge with three chrome barrel saddles, and vintage-style chrome tuners.

BUY ONE – Squier Vintage Modified Telecaster Custom

An authentically styled Vintage Modified Jazzmaster® joins the VM family with present-day touches including Duncan Designed pickups and a modern fingerboard radius. Squier’s new Vintage Modified Jazzmaster guitar has the model’s most distinctive hallmarks, too – such as the dual-circuit switching and controls, floating-vibrato bridge and colorful classic finishes.

BUY ONE – Squier Vintage Modified Jazzmaster


 

The Vintage Modified Jaguar® also sports Duncan Designed pickups and a modern fingerboard radius, and features the Jaguar’s short 24” scale, dual-circuit switching and controls, floating-vibrato bridge and vintage colors. Features include a maple neck with vintage-tint gloss finish, 9.5”-radius rosewood fingerboard with 22 medium jumbo frets and parchment dot inlays, tortoiseshell (Three-Color Sunburst and Olympic White) and white-black-white pickguards (Candy Apple Red and Surf Green models), Jaguar single-coil pickups, circuit selector and tone circuit switches, pickup on/off switches, skirted black control knobs (lead circuit) and black disc knobs (rhythm circuit), vintage-style bridge and non-locking floating vibrato with vintage-style tremolo arm, vintage-style chrome tuners and chrome hardware.

BUY ONE – Squier Vintage Modified Jaguar

The Vintage Modified Mustang® guitar also features a distinctive 24” scale, dual pickup switches and floating bridge with dynamic vibrato tailpiece; it’s a classic modded with present-day touches including Duncan Designed pickups and a 9.5” fingerboard radius. Features include a maple neck with vintage-tint gloss finish, rosewood fingerboard with 22 medium jumbo frets and parchment dot inlays, Mustang single-coil pickups with aged white (Vintage White and Sonic Blue models) and black (Fiesta Red model) covers, on/off-phase (in/out) slider switch for each pickup, master black skirted volume and tone knobs, tortoiseshell (Vintage White and Sonic Blue models) and white pearloid (Fiesta Red model) pickguards, floating bridge with dynamic vibrato tailpiece and vintage-style tremolo arm, and vintage-style white-tipped tuners.

BUY ONE – Squier Vintage Modified Mustang

Not Going Public After All

Fender Musical Instrument Corp (FMIC) filed with the SEC in March to carry out an initial public stock offering (IPO). Four months later all was set to take place today, Friday, July 20, 2012, but on the eve of the IPO being launched they decided against moving forward.

All this week news was filtering out about the expected $13 to $15 a share stock price and the quantity of share included in the IPO was pegged at 10.7 million shares. The company planned to sell 7.1 million shares of it’s own shares, while private equity firm Weston Presidio planned to sell 3.5 million shares. Weston Presidio owns 43 percent of Fender currently. But then Thursday evening, FMIC CEO Larry Thomas called the whole thing off and announced, “Current market conditions and concerns about economic conditions in Europe do not support completing an initial public offering at what we believe to be an appropriate valuation at this time.”

According to a filing this month with the Securities and Exchange Commission, Fender planned to have a total of about 26.4 million shares outstanding after going public, which would have valued the company at around $395 million. J.P. Morgan, William Blair, Baird, Stifel Nicolaus Weisel and Wells Fargo Securities were to underwrite the offering.

In general, the entire IPO market has been effected not only by the World Economy but most recently by the troublesome Facebook IPO and the backlash against problems that arose during and immediately after Facebook went public. Several companies have withdrawn their IPO filings in recent months, as volatile markets make it difficult to pitch and price the debuts.

Fender, which had net sales of $700.6 million in the fiscal year ended Jan. 1, planned to list on the Nasdaq under the symbol “FNDR.”




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