I hadn't heard this but I know Jim Harms has been fighting some very serious health issues lately. I'll try to reach him tomorrow, hope he's hanging in there.
Harms worked at "Park Music" in St. Louis Park way back when, and that was my hang as a kid. The owner was Leo Fine and Leo's brother Elliot was a percussionist in the Minnesota Orchestra while my dad was in the bass section. They even roomed together on the road! That was the original connection.
Not only did I spend a lot of time hanging out at the store, I even tried teaching there for a short time, and repairing amps (no idea what I was doing, amazing I didn't kill myself).
In 1975 I was playing a Gibson Les Paul Triumph bass and said to Jim Harms "I like the electronics in this bass but I sure wish somebody did it in a long scale". To which he replied "well, there's a company in California you should check out". And that was that. Ordered a Series I in '75 and the custom 5-string the following year.
Leo retired and Harms took over the place in St. Louis Park, then eventually opened his own place in Golden Valley. Really a great cat.
It's not easy running any kind of business so he also deserves to retire. Sad to lose the store though, these small shops are more inspirational places than the big box stores - you know who I'm talking about.
Jimmy J