Well, jeez, this is a bummer. It was just 3 years ago that Paragon Machine Works (PMW) was celebrating 40 years with the release of that cool multi-tool. And here we are three years later, saying goodbye. Not cool.
This week, an important part of our industry announced it will cease major operations. PMW states that “market and industry factors have made the business no longer viable”. PMW will continue operating with reduced staff to sell the remaining inventory through their website. They will also be manufacturing parts until material supplies are exhausted, prioritizing items with the highest demand.
From Paragon Machine Works
“It is with great sadness that we announce that Paragon Machine Works will cease all major operations as of Friday, March 27th, 2026. We have determined that our business is no longer viable, due to a variety of market and industry factors beyond our control.
With reduced staffing, we will continue to sell/ship our existing inventory on our website and make parts until our material inventory runs out. Manufacturing priority will be given to parts in greatest demand. If we can justify another run of a certain part, we will. We are working to find vendors who can potentially take on some of our product lines in the future. We are doing everything we can to take care of you, our customer.
The following will be made available for sale or in the public domain (email requests or for details); we will post periodic updates on IG as things evolve:
- Intellectual property (CAD, CAM, and CNC files)
- CNC Machinery (with programs/tooling)
- Various shop supplies and tools
Due to reduced staffing, orders must be placed through our website and will ship out on Mondays, Wednesdays, and Fridays. We are unable to process back orders and will provide refunds for items that we’re not able to supply. All sales are final.
We understand this is shocking news and appreciate your patience and support during this very difficult transition.
Thank you so much to our amazing staff and customers who’ve supported us through 43 years of innovation, challenges, and fun. It’s been a great ride, and we’re forever grateful.“
The post Industry Staple for 43 years, Paragon Machine Works Says its Closing for Good appeared first on Bikerumor.