Heathkit Declares Bankruptcy, Closes for Good (Again)

[ARRL]

The July 19 edition of The Herald-Palladium -- a newspaper serving the communities of Benton Harbor and St Joseph, Michigan -- is reporting that Heathkit Education Company has declared bankruptcy and has officially closed its doors after defaulting on its lease. According to the paper, Heathkit employed more than 1800 people in its heyday after World War II; when it finally closed, its workforc...





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[Mudfoot]

Should have had a better business plan. Nobody's interested in building stupid gadgets.

 

[binrat]

I was looking forward to the "new" kits that were suppose to be coming out.