Aue is a small town in Germany at the outlet of the river Schwarzwasser into the river Zwickauer Mulde in the Ore Mountains, and has roughly 16,000 inhabitants. It was merged into the new town Aue-Bad Schlema in January 2019. From Wikipedia
The German heritage manufacturer will cease production by July 2025, resulting in 90 job losses after no investor came forward to save the business.