I look away from the industry for one minute and miss this... ugh. Shenyang makes by far the best CNC/metalworking equipment coming out of china, this sucks massively. They're not quite HAAS, but they were the closest you could get without selling a kidney. Hopefully the state steps in to preserve the company with new leadership or something because this is going to fuck over so many people, and especially the manufacturing sector in China.
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The Debt-Fueled Collapse of China’s Top Machine Tool Maker | Spyke
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I look away from the industry for one minute and miss this... ugh. Shenyang makes by far the best CNC/metalworking equipment coming out of china, this sucks massively. They're not quite HAAS, but they were the closest you could get without selling a kidney. Hopefully the state steps in to preserve the company with new leadership or something because this is going to fuck over so many people, and especially the manufacturing sector in China.