After 50 years serving tooling manufacturers and manufacturing customers, Kraus Company is retiring and closing its business. The company supplied specialized press brake dies to metal-fabrication operations and stopped taking orders after announcing its closure in 2024.
American Fluid Power, IncAfter more than 25 years in Elyria, Ohio, American Fluid Power has built and rebuilt tube fabrication machines for flaring, beading, and bending. The company manufactures its equipment and tooling in the United States, including machines made for tube finishing and compatible dies, radius blocks, and other replacement tooling. American Fluid Power is now completing a planned two-year self-liquidation while finishing remaining machine inventory and supporting existing users with parts, rebuilt equipment, and tooling.ELYRIA, OH
Melin Tool CompanyMelin Tool Company served the manufacturing industry under the Melin Tool brand, fulfilling customer orders and supporting distributors and suppliers. The company announced that the brand would be discontinued as of August 1, 2026, while continuing to process orders placed before that date.CLEVELAND, OH
Schmelzer Industries IncSchmelzer Industries Inc. permanently closed after 40 years of doing business in Perry County. The company thanked its suppliers, customers, and more than 400 employees.SOMERSET, OH
AccuDie IncAccuDie began as Grant B.’s basement side business in 1984 and became AccuDie Inc. in 1995, bringing his long career as a tool-and-die maker and plant engineer to a Meadow Lands machine shop. Today, its certified Journeymen Tool & Die Makers serve more than 40 customers across industries by designing and maintaining small- and medium-sized stamping dies.NORTH TONAWANDA, NY