King Machine Tools and Trump Machine Tools will both be shut down by the end of the year, the companies announced on Tuesday.
Both companies announced their closing dates for their businesses earlier this month.
King Machine Tools announced its closure in late December and the Trump Machine Machines announced in March.
The King Machine Products brand is owned by Lincoln Square Group.
In a statement on the King Machine website, King Machines CEO and President Robert Higgs said the company “will continue to support its customers and partners with product innovation and support for the industry’s growing customer base.”
As we enter a new era, it is time to move forward.
As we move toward a new day, we will remain focused on serving our customers and employees with the best products and service in the industry,” Higgs added.
Trump Machine Products announced its closing date in March, according to the company’s website.
On Monday, the president’s son, Donald Trump Jr., tweeted: “King Machine is shutting down and will not be returning to production.
They are no longer manufacturing their machines, and they no longer have a product that is manufactured by Lincoln Square Group.”
Higgs said that King Machines’ business will continue to be built on technology that is “inconceivable” for a company like King. “
I’ve never heard anything like this, and I will have more to say on that subject, but I am disappointed,” Trump Jr wrote.
Higgs said that King Machines’ business will continue to be built on technology that is “inconceivable” for a company like King.
While the announcement does not necessarily mean that King will be shuttering its operations, it does mean that it will be shutting down for the last time.
Linda Wertheimer, a former chief executive of King, said on Tuesday that the company would still have “many, many years” to live.
“It’s just sad to see them go, but it’s also sad for us,” Wertheim said.
If you have questions, please contact the ABC News Consumer Technology Department.