Tannoy Ltd is a British manufacturer of loudspeakers and public-address (PA) systems. The company was founded by Guy Fountain in London, England as Tulsemere Manufacturing Company in 1926 and moved to Coatbridge, Scotland in the 1970s. In 2015 Tannoy was accquired by Music Group (company) along with TC Group which itself had acquired Tannoy in 2002. Later on it was suggested that the Coatbridge facility would be closed and all related activities would be relocated to Manchester, England. However, this was later corrected and in 2016 it was confirmed that Tannoy loud speaker manufacturing would continue in Scotland, with a brand new manufacturing facility planned.