From the Collector's Guide to Antique Radios, CD-ROM Edition, by Marty and Sue Bunis and George Kaczowka: The Grigsby-Grunow Company was formed in 1928. The company's radio sales were extraordinary due to the superiority of their speakers over that of others on the market. However, the Depression soon caught up with Grigsby-Grunow, and by 1933 the company was bankrupt. The business was re-formed into the Majestic Radio & Television Corporation which made the Majestic line and General Household Utilities which made the Grunow line until 1937.
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