... GD's Research Team notes ...
Ibanez is one of the brands of Hoshino Gakki Group, a Japanese company.
(source: Hoshino Gakki Group web site):
1908 Established Musical instrument sales division of Hoshino Shoten(=bookstore)
1929 Established Hoshino Gakki Ten Inc.(=the future Hoshino Gakki Co., Ltd.). Imports Salvador Ibanez acoustic guitars from Spain.
1935 Began to manufacture stringed instruments branded 'Ibanez Salvador' in Nagoya
1955 Constructed the current building of "Hoshino Gakki Ten" at N0. 3-22, Shumokucho, Higashiku, Nagoya
1962 Established TAMA Seisakusho Inc.(=the future Hoshino Gakki Mfg. Co., Ltd.) for electric guitars & guitar amplifiers
1971 Acquired Elger Co.,(=the future Hoshino(U.S.A.)Inc.) in Pennsylvania U.S.A.
1976 Constructed Hoshino distribution center in Seto City, Aichi
1980 Changed the name of "Elger Co.," for "Hoshino(U.S.A.)Inc."
1981 Established Hoshino Gakki Co., Ltd.(based on Hoshino Gakki Ten Inc.)
Established Hoshino Gakki Mfg. Co., Ltd.(based on TAMA Seisakusho)
1982 Established Hoshino Gakki Hanbai Co., Ltd. for domestic business, in Aichi, Japan
1986 Established Hoshino Gakki Hanbai Co., Ltd. Tokyo Office
1987 Established Hoshino Los Angeles office
1988 Constructed new Factory of Hoshino Gakki Mfg. Co., Ltd. in Seto City, Aichi
1990 Established Hoshino(U.S.A.)Inc., Los Angeles Branch
1999 Established Europe Representative Office in Frankfurt, Germany
Constructed new annex to the building of Hoshino Gakki Co., Ltd.
2000 Constructed new annex to the building of Hoshino Gakki Mfg. Co., Ltd.
2002 Acquired Serlui b.v. in the Netherlands
Established Guangzhou Hoshino Gakki Mfg. Co., Ltd. for manufacturing of percussion instruments & accessories
Established Korea Representative Office
2003 Relocated Europe Representative Office to Uithoorn, Netherlands
2004 Began to manufacture in Guangzhou Hoshino Gakki Mfg. Co., Ltd.
2005 Relocated L.A. Office
Established Qingdao Representative Office in China
2006 Relocated head office of Hoshino Gakki Hanbai Co., Ltd. to Seto City, Aichi
2007 Changed the company name of Serlui b.v. to Hoshino Benelux b.v.
Established Ibanez guitar development center in Owariasahi City, Aichi
2008 100th anniversary of inauguration of business
Ibanez instruments were built in Japan from 1935, until the late 80's when Hoshino Gakki starts outsourcing to Korea.
Chinese and Indonesian manufacturers will be later used.