Steinway Musical Devices Seems to Hit Ideal Note With IPO

In 1853, Franklin Pierce turned President of the U.S., Washington turned a territory and Levi Strauss started his apparel and dry-goods company in San Francisco.

In that exact year, a German immigrant named Henry Engelhard Steinway developed the very first Steinway piano in a loft at 85 Varick Street in New York Town.

Steinway, who went by Steinweg again then, experienced a straightforward objective: “To construct the most effective piano attainable.”

‘No Way But Steinway’

The company has grown dramatically considering the fact that those people early days, and the list of artists who have employed Steinway pianos range from Irving Berlin and Cole Porter to Sergei Rachmaninoff to Diana Krall and Billy Joel.