PS Audio is headquartered in Boulder, CO. The manaufacturing facility in Paso Robles, CA is run by Cullen Circuits as a subcontractor. To the best of my knowledge they are not financially connected, but there is a very strong relationship. I think the PS Audio write up takes a few liberties with who the production facility belongs to. I've noticed a few occasions where Paul McGowan has taken similar liberties, but I won't hold it against him since he's just trying to survive in a tough market.
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