This is indeed very sad news. Another American manufacturer gone, jobs lost, and a reduction in the options afforded to the guitar playing community.
While not for everyone, CA Guitars and other composite guitars are truly a forward step in the evolution of the instrument, not unlike the advent of steel strings. We have lots of guitars to choose from; parlors, jumbos, and everything in between, and the use of cf gives us yet another tone in the palette from which to choose. I, for one, find that tone to be my favorite, and am very glad that I have my "older" CA Legacy Vintage AE. Some have speculated that the price of these instruments may go quite high, but I will be happy to keep mine; it is now going to be very hard to replace.
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