Industrious DIYers are lamenting today after TechShop announced it is closing makerspaces across the country. This includes its Arlington, Va., location in Crystal City.
As of Nov 15, 2017—TechShop, Inc. and US locations are closed. Making requires curiosity, creativity, and courage.… https://t.co/oVGzrFOuYV
— Maker Moves (@MakerMoves) November 15, 2017
According to Makezine, members received a letter on Wednesday detailing reasons for the closure of its 10 nationwide locations. The 11-year-old company is filing for bankruptcy after “operating on exceedingly low cash balances for quite some time now,” CEO Dan Woods wrote.
Until recently, this meant late payment to instructors and vendors, which none of us liked, but at least we were able to pay everyone, albeit several weeks late, and keep the doors open,” he wrote. “…However, this cannot go on any…
