Yard Marvel Manufacturing Co., Spokane, Wash., plans to close its doors in early November. The company has been in business since 1955 as a manufacturer of tillers, power rakes and aerators.
The company also has been an associate member of the American Rental Association (ARA) since 1987 and has been an exhibitor at The Rental Show for 22 years.
Tricia Hastings, president of the company and daughter of the company’s founders, said in an open letter to customers, “After 57 years of manufacturing we have reached a point that it is no longer feasible to continue operation. The poor economy and rising costs contributed to our low sales volume, which in the long run made the business unsustainable. It is with a heavy heart and deep regret that I must inform you of my decision to close Yard Marvel Manufacturing Co. in early November 2012.”
The company is selling its limited remaining inventory on its website at yardmarvel.com and says a facility close-out auction will take place in the coming months. Inquiries can be made to email@example.com.