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Steinway & Sons, a renowned piano maker, was founded by the Steinway family, who brought their expertise in musical instruments and cabinet-making to New York. After initially working for other piano companies, they established their own successful business. Key figures like C.F. Theodore Steinway, an engineer and piano designer, and William Steinway, who handled finances and marketing, played crucial roles in the company's growth.Throughout its history, Steinway & Sons faced several challenges, including paying off rioters during the Civil War, suspending production during the Great Depression, and dealing with wartime material shortages. During World War II, both the New York and Hamburg factories were repurposed for aircraft assembly, and the Hamburg factory was bombed multiple times. The deaths of two key family members, Henry Jr. and Charles, further strained the company.Steinway & Sons remained family-owned for over a century before being sold to CBS in the 1970s. The company changed ownership several times afterward, eventually being acquired by Paulson & Co.
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