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Production quickly ramped up to include most of the popular Traditional Series acoustic guitar models.
Acoustic-Electric versions of these models were also made available.
The first Guild workshop was located in Manhattan, New York, where Dronge (who soon took over full ownership) focused on electric and acoustic archtop jazz guitars.
Much of the initial workforce consisted of former Epiphone workers who lost their jobs following their 1951 strike and the subsequent relocation of the company from Queens to Philadelphia.
It is still made, copied by virtually every guitar manufacturer.
The decline of the folk and acoustic market in the later '70s and early '80s put severe economic pressure on the company.
The advent of the folk music craze in the early '60s had shifted the company into production of an important line of acoustic folk and blues guitars, including a dreadnought series (D-40, D-50 and, later, D-55) that competed successfully with Martin's D-18 and D-28 models, and jumbo and Grand Concert "F" models that were particularly popular with blues guitarists like Dave Van Ronk.
The brand name currently exists as a brand under Córdoba Music Group.
While instrument specialists generally concede that quality suffered at other American competitors, Guild models from the '70s and '80s are considered still made to the high-quality standards the Westerly plant was known for.
In the 1980s, Guild introduced a series of Superstrat solid bodies including models such as the Flyer, Aviator, Liberator and Detonator, the Tele-style T-200 and T-250 (endorsed by Roy Buchanan) and the Pilot Bass, available in fretted, fretless, and 4- and 5-string versions.
In late 2001, Fender decided to shut down the Westerly, RI factory (citing difficulty in climate control and factory production workflow as primary motives) and moved all Guild production to its factory in Corona, California.
To ease the Corona facility (which had only made electric guitars up to this point) into making archtop and acoustic guitars, the Westerly factory artisans and workers prepared guitar 'kits' that they shipped to Corona.