M&S Manufacturing of Hudson, Mich., closed its doors for the last time on December 22. It will now sell its building and equipment.
The company announced in September its intention to cease operations. Financial losses over the past four years were cited as the primary cause.
M&S was one of the largest privately held suppliers of high-precision machine parts in the world, according to the company website. The 61-year-old company manufactured such components as cold forming dies and screw machine products for original equipment manufacturers and for tier one and tier two suppliers. Customers included Bosch, Caterpillar and TRW.
At one time, the manufacturer employed 800 people. M&S reported 135 employees in September, and then dropped to 100 as workers found new jobs.