[2] MTX Audio is a brand name owned by the Mitek Corporation.
The MTX name came in when Loyd Ivey, then owner of his own company American Acoustic Labs, bought out the Matrecs name in 1979 and changed it to MTX under Ivey’s parent company Mitek.
John Ivey is chairman and CEO of MiTek and therefore MTX, which employs over 750 people.
MiTek has 12 other companies including MTX, with plants in Ennis, Texas, Louisville, Kentucky, Monroe, Wisconsin, West Dundee, Illinois, Winslow, Illinois, and in Phoenix, Arizona.
The MTX Jackhammer 24 is a 24-inch square subwoofer and one of the largest available on the consumer market.