Jaimon Olmsted: Toolmaker has little choice but to reduce operations
To the editor:
I read reporter Kathleen McKiernan’s article in the Business section April 22 on the Disston Co.’s plan to move jobs from South Deerfield to Chicopee and China. While I found it to be a well-reported piece, I thought the tone of the article was unnecessarily harsh.
The failing of Disston’s business is not necessarily something for which company executives should be blamed. There was no evidence of managerial negligence, and so we must conclude that Disston is merely a victim of the widespread collapse of the U.S. manufacturing industry. In that case, if we are to bemoan the loss of jobs at the factory, we should praise the sale of equipment at the highest price.
Clearly, downsizing is essential for the company to stay afloat. It is better that Disston sell some of its equipment rather than lay off even more of its workers.