Google News is reporting that Rockwell and Vishwaksas Machine Tools are closing in the coming months.
Rockwell’s current site has a page that shows some images of the machines that have been retired.
The Vishwakas site is not updated at the moment.
The company has been operating at a loss for some time.
Rockwell recently announced a $15 million cash infusion.
In a statement, Vishwakingas said:We are delighted to announce that the Rockwell machine tool and vishwala machines will be shutting down in 2019 and that we will not be selling any of our existing and existing production lines.
As this announcement is coming on the heels of the announcement of a $100 million cash injection into Rockwell, we will be providing regular updates on the situation.