Broadcast equipment manufacturer TFT Inc. appears to have closed its doors.
Longtime Vice President Darryl Parker told Radio World that he resigned from the company on Aug. 31, and that the manufacturer subsequently had laid off all employees.
Parker has been responding to calls and emails so customers know what’s going on, but he told us, “There are no day-to-day operations at TFT. There are no employees on site. No repairs are being completed, and no new orders are being filled because there is no one at the plant site.”
Parker emphasized that he was not speaking on behalf of the company. He referred questions to CEO Michael Reddy, who has not returned queries from Radio World seeking comment.
The company, based in San Jose, Calif., made STL, modulation monitor and EAS equipment. It was established in 1970 in Santa Clara in the Silicon Valley. Its first product was for television broadcast; it later expanded to include radio broadcast, cable and wireless equipment, according to its website.