MFJ Enterprises
As of July 2025, there is no definitive evidence or confirmed news that another company has acquired or is actively considering acquiring MFJ Enterprises and its subsidiary brands, such as Hy-Gain, Ameritron, Cushcraft, Mirage, and Vectronics.
On April 25, 2024, Martin F. Jue, the founder of MFJ Enterprises, announced that the company would cease on-site production at its Starkville, Mississippi facility on May 17, 2024, after 52 years of operation. This closure also affected its subsidiary brands, including Hy-Gain, Ameritron, Cushcraft, Mirage, and Vectronics. The decision was attributed to changes in the business environment, the impact of COVID-19 "scamdemic," and Martin Jue’s desire to retire at age 80 to spend more time with family. The company stated it would continue selling existing stock past May 17, 2024, and maintain repair services for the foreseeable future.  Prior to the closure, there were reports that MFJ had been quietly offered for sale since late 2023. For example, a Reddit thread on April 25, 2024, mentioned that DX Engineering, a well-known ham radio equipment retailer, had made an offer to buy MFJ but was turned down. However, no official confirmation of this offer or its rejection has been provided by either MFJ or DX Engineering.
Despite speculation and hopes within the ham radio community that another company might acquire MFJ or some of its brands, no credible reports or announcements have emerged as of July 2025 confirming such a deal. Some in the community have expressed a desire for an employee-owned company or another entity to take over, but there’s no evidence of this happening. The lack of a buyer is partly attributed to the challenging business model, with high labor costs compared to cheaper imported goods from competitors, particularly from China, and a shrinking market of aging ham radio operators.
Closure Impact and Outlook
The closure of MFJ’s manufacturing operations is seen as a significant loss to the amateur radio community, given its role as a major supplier of affordable accessories, antennas, and amplifiers. While some speculate that other companies might step in to fill the gap for products like beam antennas from Hy-Gain or Cushcraft, no specific company has been named as a confirmed acquirer. The consensus is that niche products may disappear, and cheaper alternatives from offshore competitors may dominate the market.
As of July 2025, no company has acquired or is publicly confirmed to be considering the acquisition of MFJ Enterprises and its subsidiaries, including Hy-Gain. The company appears to be winding down, focusing on selling remaining stock and providing repair services. While there was earlier speculation about potential buyers, no concrete developments have been reported. For the latest updates, you might want to monitor ham radio forums (e.g., QRZ.com), social media, or official announcements from MFJ or other industry players