Is Acrylic Tank manufacturing still in business? No, ATM Acrylic Tank Manufacturing in Las Vegas, Nevada is not in the business.
Many of you have heard the name of the custom aquarium business company "Acrylic Tank Manufacturing" based in Nevada, Las Vegas. People are wondering what acrylic tank founders are up to now. Will the founders ever re-launch the Acrylic Tank Manufacturing company?
The company ATM previously designed thousands of creative and custom tanks for noted celebrities while their business was skyrocketing in the 2000s. Unfortunately, the company shut down due to high operating costs, low productivity labor, and a lack of skilled human resources.
The acrylic tank business has been explored yearly, and people are becoming more advanced and innovative since the ATM (Acrylic Tank Manufacturing) closed down unexpectedly in 2020.
In this article, you'll learn about the ATM business, its founders, employees, reviews on social media, and the reason behind the company's liquidation.
Acrylic Tank Manufacturing (ATM)
One of the best Acrylic Tank Manufacturing companies was established in 1997 in Nevada by two mastermind entrepreneurs, Wayde King and Brett Raymer.
The company became the top-rated custom-tanked within five years until the company liquidated in 2020.
On Google, the company has 4.6 ratings and 423 reviews from visitors.
A local guide named Becky Rooker wrote a lengthy review and shared the company's images. He revealed that he had fun researching since the employees who made the awesome fish tanks were humble. The staff members were down-to-earth and hospitable. They greeted them immediately, were taken on the tour, and got to see the General... WOOHOO. Brent and Wade were not there that day, Rooker wrote. But they had a great time.
Another wrote, "What a great tour! If you're a fan of the show, you won't be disappointed. Trisha is an excellent guide, and everyone from the show went to meet and greet. Thank you for a great time!"
Similarly, the company's official Facebook page has 4.8 ratings out of 5 and 4,500 votes.
John Yohanna recommended ATM and wrote, "She had the best experience working with Mrs. Angela Orsborne."
Their business evolved from fundamental to custom aquariums. They even share the new creations on ATM's official Facebook and Instagram accounts.
The two even started a TV show called Tanked, which premiered on Animal Planet in August 2011. The series followed the operations of Acrylic Tank Manufacturing, operated by brothers-in-law Brett Wayde King.
Wayde King And Brett Raymer Are The Founders Of Acrylic Tank Manufacturers
Wayde King and Brett Raymer are the owners, business partners, and brothers-in-law of the Acrylic Tank Manufacturing company.
The company created thousands of conceptual customized aquariums for highly profiled celebrities like Usher, Kobe Bryant, and Jorge Posada. The aquarium manufacturing company broke the record in five years and earned a maximum profit within five years.
Per Famous Birthdays, Wayde King is the CEO, and Brett Raymer is the COO of the customized acrylic aquariums.
Brooklyn native Brett Raymer enrolled in the doughnut business, according to Las Vegas Review-Journal. He posed at his notorious Las Vegas doughnut business on March 9, 2018.
Raymer entered the donut business and has extended his Donut Mania branches to four locations, with plans for ten more three years from now. His confidence and ambition are why he is expanding his business all over the US.
Also, Raymer established Stallone's Italian Eatery and often shared images and clips of the restaurants on his IG handle @brettraymer to let know his fan following about his work.
Raymer and Wayde also starred in a reality TV series called Tanked, which premiered on Animal Planet from 2011 to 2018. The show got canceled after domestic violence lawsuit charged against star Heather King. They were in a marital relationship for 21 years after filing for a divorce.
The series ran up to 15 seasons, from August 2011 to December 2018. Review-Journal reported the show was canceled after the site revealed the physical altercation between Heather King and Wayde King. She filed for divorce from Wayde King.
Fans were astonished after the show's cancelation was announced by Animal Planet out of the blue. TMZ confirmed that the TV star smacked Wayde and kicked him twice during a heated argument.
Meanwhile, Wayde is a 53-year-old reality TV star and CEO of an acrylic tank company. People are impressed with the hosts, Brett and Wayde King, and waiting for the splendid aquarium enthusiasts to re-run the hit TV show.
Wayde's last uploaded on August 2, 2020. He posted an image sharing his emotions about the TV show Tanked new season on social media.
What Happened To The Acrylic Tank Manufacturer Company?
Acrylic Tank Manufacturing crashed in 2020 and is no longer operating. It was a leading company established by pioneer tank expert Wayde King alongside Brett Raymer, COO of ATM.
The company is the superior supplier of custom or conceptual acrylic tanks and accessories for aquarium hobbyists.
Wayde and Brett made millions from the tank business by selling customized aquariums among the noted celebrities across the US and some from Europe.
They both starred in a TV show called Tanked that aired on Animal Planet, highlighting their incredible work in creating custom tanks for satisfied clients worldwide until 2018.
The ATM's profile on Facebook and Instagram is still on with no updates. The last post was uploaded on December 18, 2019, on Facebook.
Why Did Acrylic Tank Manufacturers Company Close Down Permanently?
There are multiple reasons why a business was declared bankrupt or dissolved. For example, the closure of the Acrylic Tank business came out unexpectedly in 2020.
Here are some fundamental reasons explained below:
1) Low-Quality Products And Poor Service
The low-quality products are the best turnoff for customers. If the products manufactured by the producers or creators have defects or flaws, nobody wants to buy the goods next time.
The company must have proper testing procedures they design for the customers. Per Orlando Sentinel reports, Oliver Dawoud slammed Acrylic with a lawsuit for not delivering the acrylic tank he ordered online.
For example, You started a food delivery service for customers at their doorsteps. If you fail to deliver the goods on time or give fungus goods to the consumers, they will never order food from your place.
2) Poor Management Skills
Another main reason for the desolvation of the company is the need for proper management. Management plays a primary role in achieving success in the Business. It is the process of dealing with or controlling people. Managers or leaders should have a good relationship with customers and employees.
For instance, the sales team needed to learn how to keep customers happy and satisfied. In addition, they need to know to market the product effectively online and offline, which automatically led to the company losing many trusted customers looking for good-quality tanks.
3)Bad Reputation With Customers
Acrylic Tank companies are known to have an improper connection with customers. In addition, it creates a bad reputation for the company's smooth performance.
They received multiple negative and positive customer feedback about their products and services. However, they should have noticed a few pieces of feedback that needed to be heard by the managers.
This could be another significant reason they closed down the company and went bankrupt.
One must understand the firm's business practices, principles, mission, and values better.
4) Excessive Business Debts
Excessive debt is the main red flag for the company's liquidation. Too much debt in the company led the Business to bankruptcy.
Any debt-to-income ratio above 43% has been considered too much debt.
After the ATM's solvency, thousands of America lost their jobs in 2020. Reports confirmed that the company employed at least 200 people at its facility in California.