Submit Content

TechShop Closed in Crystal City, Company Filing for Chapter 7 Bankruptcy

High-tech workshop TechShop filed for Chapter 7 bankruptcy today (Wednesday), with all its locations, including in Crystal City, now closed.

TechShop, which had a 20,000-square-foot space at 2110-B Crystal Drive, opened in Arlington County in 2014. The company was founded in 2006, and at one stage had 10 locations in the United States and four more overseas.

It offered access to high-tech equipment like 3D printers and laser cutters, and had monthly and annual memberships for use of its facilities, as well as classes for non-members to learn how to use the equipment.

Chapter 7 bankruptcy means a court-appointed trustee will now sell all TechShop’s assets. Anyone who left personal items in one of its locations will be contacted with a time to come and collect them.

In a statement, founder Jim Newton said the business was no longer financially viable.

“I’m very proud of what my team and I did to build TechShop,” Newton said. “I’m very sad that we were not able to make TechShop into a sustainable business. It is my prayer that each of the people we touched will take those little sparks they received while they worked on their dreams at TechShop, and turn them into their own grand experiment.”

According to figures provided by the company, TechShop provided access to over $1.4 million of high quality tools and machinery to its users for a membership fee of less than $4 per day. It had more than 9,000 active members in the United States, and engaged more than 100,000 people, including through memberships, classes and youth programs. It also helped train more than 3,000 veterans.

“As a veteran myself, I’m proud to say that TechShop has provided membership and training to over three thousand returning veterans,” TechShop CEO Dan Woods said in a statement. “This program enabled veterans to develop skills and experience–preparing them for jobs in advanced manufacturing and helping dozens of vets to launch their own companies.”

Recent Stories

Police swarmed Arlington’s Halls Hill neighborhood today after a caller falsely reported a shooting inside of a house. The incident happened along the 1800 block of N. Dinwiddie Street, in…

A local chainsaw artist made his buzzy debut on a new reality TV show last night. Ashton Heights native Andrew Mallon is a contestant on the Discovery competition show “A…

Police are investigating a pair of so-called “mob” assaults by groups of teens. Both occurred Friday evening along separate sections of Langston Blvd. It’s unclear whether there’s any connection between…

Sponsored by Monday Properties and written by ARLnow, Startup Monday is a weekly column that highlights Arlington-based startups, founders, and local tech news. Monday Properties is proudly featuring 1515 Wilson Blvd in…

INF Care Virtual Concierge is a new and inviting option to remote assistance that leverages the best of what technology should encompass with quality interaction.

For the busy individual that needs a way to reduce stress and tackle caring for an older family member that lives alone.

or

For the maturing adult that just needs help with everyday tedious tasks, connectivity, and access to data on their everyday habits to pinpoint areas that need more attention.

Read More

Submit your own Community Post here.

Looking for a more convenient way to work out?

On the Go Fitness Pro offers in home personal training. We bring the gym to you, so you can save time and skip the hassle of going to the gym. Plus, our trainers are certified and experienced, so you can be sure you’re getting the best possible workout.

We provide all the equipment needed for a great workout or we can use the equipment that you have.

Schedule a free consultation today and see how we can help you achieve your fitness goals.

Read More

Submit your own Community Post here.

Mini Photo Sessions for Family & Pets

Mini Family & Pet Photo Sessions
Beat the rush and sign up to get your holiday photos now!

Bring your kids! Bring your dogs!

Check out the DeSilva Studios website. Look at the images and see if you like them

Vini Franchetti Wine Dinner

Join us as we explore Vini Franchetti & their two sister vineyards Passopisciaro (Sicily) and Vini Franchetti (Tuscany) for our Sicily/Tuscany Wine Dinner!

Sunday, Oct 9 @ 6pm

Special Guest: This wine dinner we will be hosting the wine maker

×

Subscribe to our mailing list