Meridian Business Grew 11 Percent
Meridian continued a successful year by announcing Monday that its business grew 11 percent in 2010.
The growth occurred in a year when the company opened a new office in New York's SoHo neighborhood, made four major staffing appointments and added Samson Distribution of Buffalo for its warehousing, shipping and receiving functions.
"The previous office showroom generated significant incremental business for our dealers with over a 90% closing rate by our partners.," Meridian's CEO, Peter Wellikoff, said as part of the announcement. "We fully expect that with the upgrade to the Reference series of products which includes the 810 Reference Video System and DSP 8000 Digital Active Loudspeakers, we will surely see an exponential increase in sales for 2011."