As I remember, Gil's wife and an investor (a silent partner) were responsible for the business's finances. I believe that Gil's wife wanted to retire from her involvement and the investor was amenable to closing the business. The shop end of the business was run by Pierre, Gil's nephew. Pierre was very capable of running the machining and the administrative work, but Work's long-time machinist was about to retire. The financiers' decision to retire closed the business as there was no intention to continue manufacturing.
I believe that Race Tech suspension purchased much of the inventory of Works Performance and offered to do repairs with the limited parts they had in stock.
Subsequently, I heard Gil's daughter had created a business called "Worx", which sold shocks, but Works Performance was almost exclusively a custom shock manufacturer, which is not what Worx does. I only mention this because they have been upfront about not working on the Vincent shocks that Works Performance manufactured.
Laney Thornton stopped selling dampers when Works Performance closed down. Laney is still riding his Vincent. We spoke about a month ago and he is still very interested in Vincent suspension.
David