I thought NAD was a Canadian company
Well today its owned by a Co thats based in canada. Actually lenbrook were Nads US distributors who bought it over from Audio Nord who were a Danish Distributor and the Nad owners in the 90s.
Frankly its classic british budget HIFI and as unleash said the founder is Martin
Borish a Brit electrical engineer. Design goal was simple : throw out anything that does contribute to the sound of the product, thereby giving the consumer good sound for small money. Hence the early Nads were not flashy like their Japanese budget counterparts and were infact painted battletank grey. They hired top designers and were one of the first companies to entirely shift manufacture to the peoples republic of china. The BEE suffix on some Nads are the initials of their top designer (also mentioned in unleash s post) and the 3020 was the amp that really made it for a Co otherwise struugling to stay afloat.
The current range of nads (355,375,165,275 etc) are very different in many ways than the nads of the 80s though the Nad sound is more or less there with a few cosmetic upgrades to gain universal acceptability.
Rgds