STEUBENVILLE, OH -- Another small aftermarket firm unexpectedly closed its doors this month.

JBS Technologies shut down operations on March 2. Employees were only given a few days notice, according to a former employee who contacted aftermarketNews.

The Steubenville, OH-based company, which produced car care products, security alarms and remote car starters, had been in business for about 10 years. The executive we spoke with, who wished to remain unnamed, said the company’s owners decided not to continue investing in the business. He also said the company was no longer honoring warranties, which was confirmed by Jim McTevia in a report in the Steubenville paper the Herald Star. McTevia’s management and consulting firm, McTevia & Associates, has been named the trustee of JBS Technologies’ assets.

The privately held company has not filed bankruptcy but instead decided to liquidate inventory through a trustee account. The company’s assets were turned over to a trust account to be managed by McTevia & Associates, for the benefit of JBS’ creditors, according to a report in the Herald Star.

JBS sold products under the Carroll Shelby, Bulldog Security, Cellstart and Alert brand names. The company, which ranked 68 on the AASA Top Aftermarket Suppliers list for 2006, had annual sales of about $16 million.

Last week, Brett Barta, former VP of sales for JBS, told aftermarketNews he plans on retaining the Alert and Shelby names and would like to continue selling these brands. Calls to Barta for more details were not returned as of press time.