|Founder||Paul Reed Smith|
|Headquarters||Stevensville, Maryland, United States|
|Paul Reed Smith|
|Products||Electric & acoustic guitars
PRS Guitars established a reputation as a manufacturer of high-end electric guitars made in the United States, particularly their "custom shop" instruments. Since the 1990s, PRS has expanded production to Asia, where they manufacture the lower-priced 'SE' line of instruments. As of 2013, they have begun making more affordable guitars in the United States with their 'S2' line. PRS Guitars also manufactures guitar amplifiers; three of PRS's most notable endorsers are Carlos Santana, John Mayer and Mark Holcomb of Periphery, all 3 with "signature" guitar models. In addition to this, many other artists endorse the company, including Mike Oldfield (who has used a PRS Artist Custom 24 for studio recordings and live shows since the late 1980s), David Grissom, Steven Wilson, Mikael Åkerfeldt of Opeth, Paul Allender, Dave Navarro, Ted Nugent, Neal Schon of Journey, Al Di Meola, Jennifer Turner, Clint Lowery, Mark Tremonti, Bernie Marsden, Orianthi and Jakko Jakszyk of King Crimson.
Paul Reed Smith was a guitar player who began building guitars while he was in college in the mid-1970s. Early guitar players to use his hand-built guitars were Stanley Whitaker (of Happy The Man), Derek St. Holmes (of Ted Nugent's band) and Howard Leese (then with Heart), but Smith's big break came when Carlos Santana began playing the still hand-built guitars, which at the time looked like a Gibson Les Paul with a double cut-away and were made of expensive woods like curly maple. He used the custom as a prototype to raise orders on the road worth nearly $300,000. Smith set up a partnership with his wife Barbara and businessman Warren Esanu, and set up a factory in Virginia Avenue, Annapolis. Smith produced 20 guitars for the 1985 NAMM Show (those guitars are now known as the "NAMM 20"), and managed to find a niche in the guitar market: the mid-1980s was the time of the Superstrat, and there was little competition for the higher-quality, upscale guitars PRS was building, guitars with "an elegant, modern, vintage-inspired design--the kind of guitar one might have expected Fenders and Gibsons to evolve into".
At first[when?] there were eight workers taking up one-third of the building which they shared with a furniture-stripping shop. After three years PRS had taken over most of the building, with 45 people producing 15 guitars daily, and eventually a separate woodshop was added. By 1995, the factory was making 25-30 guitars daily and employed 80 people. In 1996, production moved to a new factory in Stevensville on Kent Island, just across a bridge from Annapolis. By the end of 1998, PRS was producing 700 guitars a month with a staff of 110 people.
The bodies of most PRS guitars are crafted of mahogany, with a maple top on most models. They often feature highly figured tops, including flame maple, quilt maple and figured maple creating the effect of tiger stripes. A small number of bodies feature white Limba, referred to as Korina by luthiers. PRS necks are usually made from mahogany, although some models feature maple or Indian or Brazilian rosewood necks; fingerboards on production models are normally made of rosewood.
PRS's signature fret markers include the standard moon inlays and the optional birds, often fashioned from pearl or paua (abalone) shell. The moons appear similar to standard dot inlays, but have a crescent more prominent than the rest of the dot. The bird inlays feature representations of the following species; peregrine falcon (3rd fret), marsh hawk (5th fret), ruby throated hummingbird (7th fret), common tern (9th fret), Coopers hawk (12th fret), kite (15th fret), sparrow (17th fret), storm petrel (19th fret), a landing hawk (21st fret) and a screech owl on a branch (24-fret models only). 20th and 25th anniversary edition production models feature updated and stylized versions of this standard inlay.
A very small percentage of maple trees cut in North America are actually figured. To make "10-Top" status, a PRS top must have "clearly defined figure across its entire top with no 'dead' spots". As such, the term "10 Top" refers to specimens of maple with distinctive and notable figure, as opposed to a specific grade of timber.
PRS guitars with a "10 Top" feature a written or stamped "10" on the upper right headstock (when viewed from behind).
Nuts are synthetic and tuners are of PRS's own design, although some models feature Korean-made Kluson-style tuners. PRS guitars feature three original bridge designs: a one-piece pre-intonated stoptail, a vibrato, and a wrapover tailpiece. The Vibrato was designed with the help of guitar engineer John Mann. It was an update on the classic Fender vibrato and used cam-locking tuners, which offered wide pitch bending with exceptional tuning stability. The pre-intonated stoptail is unique to PRS, though this design does not allow intonation to be adjusted to compensate for variations in string thickness or drop tuning. The PRS vibrato resembles a vintage Fender Stratocaster unit, and the more recent compensated wrapover tailpiece allows for minimal intonation adjustment. An adjustable wrapover bridge is available as an option.
Pickups are designed and wound in-house. While most of the pickups are humbuckers, some are actually a pair of single coils wound in opposing directions, one intended for the neck and one for the bridge position. Through the use of a unique rotary pickup selector switch, PRS pickups offer 5 different sounds: a combination of thick humbucking Gibson-like tones, and chimey single-coil Stratocaster-like tones. The standard treble and standard bass pick ups use magnetic pole pieces in the non-adjustable inner coil, and a rear-placed feeder magnet in order to achieve a more authentic single-coil tone when split by the rotary switch
PRS developed pickups for the aggressive rock market, offering pick ups such as the chainsaw, and the Hot-Fat-Screams (HFS) initially used on the Special model. The Vintage Treble and Vintage Bass humbuckers were used on the Classic Electric Model, and a combination of HFS and Vintage bass pick ups were used on the CE maple top models, the Standard, and The Custom models.
In 1998, an electronic upgrade kit was released for pre-1993 instruments which included lighter-weight tuner buttons, nickel-plated brass screws for saddles and intonation, a simulated tone control, and high-capacitance hookup wire. In 2012, PRS released the 408 pickups used on the 408 and Paul's Guitar models. These pickups include innovations that feature no loss of volume when in coil split mode. They have an exclusive agreement to use wire drawn from the same machine that made wire for Les Paul and Stratocaster pickups in the 1950s.
PRS introduced a more affordable line of guitars in 2000  referred to as the "SE" which are manufactured in Korea by World Musical Instrument Co. Ltd. for the electrics and Wildwood for the acoustics. PRS produces a large range of models in the SE series including the Custom 24, SE245, SE Kestrel and Kingfisher bass guitars as well as signature guitars such as the Bernie Marsden, Tremonti, Zach Myers and Santana amongst others.
In 2013, PRS added the S2 Series, which added a more affordable American PRS that are built in their Maryland factory. The S2 series features proprietary pickups and hardware and a more beveled and flat top, as opposed to the arched top of the Private Stock. Currently the S2 lineup has a Standard 22, 24 and Singlecut, the Custom 22, 24 and 22 Semi-hollow, Singlecut and Singlecut Semi-hollow, Starla, Mira and Mira Semi-hollow. Also in 2015, PRS added the S2 Vela.
In 1992 PRS introduced the Dragon 1 model. Only 50 units were produced. It featured an intricate dragon inlay which ran down the finger board, a wide 22 fret neck, and a non-vibrato Stop-tail bridge and a new pick up design. The changes in design from previous models added a noticeable tonal improvement which led the company to use the same characteristics in later models such as the PRS Custom 22. The Dragon 2 was released in 1993, and the Dragon 3 in 1994. Both featured dragon inlays which became more extreme with every year. Only 100 of each of the 2 models were made. In 1999 PRS released the Dragon 2000, which featured complex body curves, and a 3 dimensional dragon inlay. Just 50 Dragon 2000's were ever produced.
In 1995, PRS began producing highly customized versions of the guitars dubbed, "Guitars of the Month." Each featured select ultra-grade woods and custom finishes. In 1996, PRS released the first "Private Stock" guitar. Today, the Private Stock team produces one-of-a-kind pieces costing upwards of $10,000. Each guitar is built with unique finishes, custom inlays, and unique details. Whereas a standard production guitar has an average build time of six hours, one Private Stock acoustic guitar can take up to three weeks to complete. Many premium exotic woods, such as Brazilian Rosewood and Quilted Maple, are commonly used. Notable Private Stock players include Dweezil Zappa, John Mayer, Neal Schon, Tony McManus, and Carlos Santana.
In February 2018 PRS announced the Silver Sky model which is modelled on two of John Mayer's two favourite 1960s guitars. The model was a major departure from other PRS instruments featuring solid colour over an Alder body with a bolt on 22 fret maple neck with rosewood fingerboard with a 7.25 inch radius. It features three single coil pickups mounted on a white pickguard and a five position switch. 
In 2001, PRS released their "Singlecut" guitar, which bore some resemblance to the venerable Les Paul. Gibson Guitar Corporation filed a trademark infringement lawsuit against Paul Reed Smith. An injunction was ordered and PRS ceased manufacturing of the Singlecut at the end of 2004. Federal District Court Judge William J. Haynes, in a 57-page decision ruled "that PRS [Paul Reed Smith] was imitating the Les Paul" and gave the parties ninety days "to complete any discovery on damages or disgorgement of PRS's profits on the sales of its offending Singlecut guitar."
In 2005, the United States Court of Appeals for the Sixth Circuit reversed the lower court decision and ordered the dismissal of Gibson's suit against PRS. The decision also immediately vacated the injunction prohibiting the sale and production of PRS's Singlecut Guitar. PRS announced that it would immediately resume production of its Singlecut guitars.
Gibson subsequently tried and failed to have the case reheard by all sixteen active Sixth Circuit judges (denied in December 2005) and then by the United States Supreme Court (denied June 2006), which was their last chance to have their original injunction upheld.
While no changes to the design of the Singlecut occurred as a result of the lawsuit (since Gibson lost), some Singlecut owners and sellers have adopted the term 'pre-lawsuit' to differentiate their Singlecut from others.