Wednesday, April 20, 2011

Hamilton Sundstrand Moves Jobs Out

“Exit pursued by bear” – Shakespeare’s stage direction in a play

In search of lower business costs, Hamilton Sunstrand in Windsor Locks has announced that it will lay off more than 20 percent of its union workforce. The company, a part of United Technologies, plans to move jobs to Poland, not a state contiguous to Connecticut, and other former Soviet block countries where salaries are lower, regulations less punishing and unions but a blip on the horizon.

According to a report in the Hartford Courant, “Hamilton President Alain M. Bellemare has told investors at previous earnings announcements that ‘we are laser-focused on executing our cost-reduction strategy’ by doing manufacturing and engineering in developing and former Soviet bloc countries.”

Coincidentally, Republicans yesterday presented their no-new-tax budget, which was immediately denounced by Malloy spokesperson Roy Occhiogrosso as a threat to Connecticut’s all embracing safety net.

The Republicans plan calls for a reduction in the state workforce from the current level of 54,000 full-time equivalent jobs to 51,300.

There are no plans to move 20 percent of the state’s unionized workforce jobs to Eastern block countries, where workers will have fewer safty nets but more jobs.

2 comments:

Anonymous said...

"Safety net" , "CT is open for business" and "Shared sacrifice" all add up to 9.1 % unemployment and higher taxes. I actually hope it gets worse, then the shift in the correct direction will occur.

Libertarian Advocate said...

Bravo Danny Boy! Your budget package has killed MORE nutmeg jobs.

A very smart German physicist once said that insanity is doing the same thing over and over again, always expecting a different result.

Einstein was much smarter than you Danny, so really I doubt you'll ever grasp the logic of his proposition.

@ Anonymous: In a rational world, such a shift would surely occur, but then, we are in Connecticut after all.... The pain will have to get MUCH MUCH worse before any change occurs here.