It was said in the late 1980 that Augsburg Publishing was some 11 million dollars in the black; Fortress also had significant holdings, both in properties and in an honor roll of theological publications. Shortly thereafter, the Augsburg Board, including several prominent church leaders, made a series of critical errors both in staffing and marketing. When things fell apart, the board wrapped itself in secrecy, denying the church any kind of accountability. Now  Augsburg is reportedly skimming just above bankruptcy and Fortress is gone, even as an imprint.
James A. Nestingen, “Failing Structures; Vibrant Hopes,” LOGIA 15:34 (Reformation 2006): 15-18, 17.