How many more kits do you think they could sell?
Would you buy a non surface mount kit and assemble it these days even if it meant it didn't do as much as a store bought radio?
Suspect most wouldn't.
They couldn't make enough money on ham radio stuff so they started making other kits. Eventually those didn't sell enough either or they wouldn't be out of business.
Sorry to see a long time icon go. It will never come back again.
First radio was a hw16 rock bound on 7038...
Then I bought a complete Apache/Mohawk SB10/6m/2m converter/speaker combo. Wish I still had that.
Then I bought a sb 303/401
Then I bought a sb102
Then I bought a ts430 new.
After that I never looked back. They were gone by then.
Now I got the hw16 with the always coveted hg10 vfo I could never afford
Long live heathkit