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The company was founded in 1883 in Brooklyn, New York by Friedrich Gretsch, a 27-year-old German immigrant, shortly after his arrival to the United States. Friedrich Gretsch manufactured banjos, tambourines, and drums until his death in 1895. In 1916, his son, Fred Gretsch Sr. moved operations to a larger facility where Gretsch went on to become a prominent manufacturer of American musical instruments. In 2002, Gretsch entered a business agreement with Fender Musical Instruments Corporation (FMIC). Under the terms of that agreement Fred W. Gretsch would retain ownership while FMIC would handle most of the development, distribution and sales. Through the years, Gretsch has manufactured a wide range of instruments, though they currently focus on electric, acoustic and resonator guitars, basses, ukuleles, and drums.