AUGUSTA COUNTY, Va. (WHSV) -- After more than 30 years of business, Parker Bows is closing its doors.
"We're very thankful for the support," Parker Bows President Tom Woodworth said. "Not only of our family business and the people that have become the Parker family, but also the community."
Parker Bows announced on its Facebook on Monday that they could not continue operations and called the decision a difficult one.
While the closing will put approximately 20 employees out of work, Woodworth thinks they will all land on their feet.
"Good, hard-working people, they are very consistent, they are very smart and willing to do just about anything," Woodworth said.
The family-owned company was founded by the late Bob Errett in 1984.
"Bob started the company here," Woodworth said. "It was because of the Valley, he loved the Valley, he loved the people in the Valley and that was important to him."
Woodworth's mother-in-law and Errett's widow Jeannie Errett is the owner of the company.
"We feel very proud of our product," Errett said. "We're glad that our bows are out there in the world and being used and will be for a long time."
For longtime employees like Becky Grimm who has been working at Parker Bows for almost three decades, it is an emotional time.
"I'm going to miss it very much," Grimm said. "They're just like a family to me."
If you own any Parker Bows or Red Hot branded products, they will be without a warranty going forward, but the company says they will try to honor existing warranty claims on or before December 31, 2018.