Rainbo Records has been pressing vinyl in Canoga Park, California since 1939 and has become one of the vinyl industry’s largest pressing plants. After 80 years, the plant is shutting down. Representatives from Rainbo confirmed the story, which was originally reported by Digital Music News, to Pitchfork. Rainbo president Steven Sheldon sent a note to clients revealing that a an inability to negotiate with the company’s landlord led to the plant shuttering. Rainbo is going out of business on January 31 of next year.
Sheldon confirmed the news in a statement to Pitchfork, though he refuted previous claims that Rainbo was going out of business due to an unwillingness to pay a higher rent. “The news is true unfortunately,” he wrote in an email. “The details are not all correct, it was not because the landlord raised the rent too steep where we were not willing to pay. They just decided that they did not want manufacturers in their building any longer and have other plans for the space.”