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Article: Sector cobbles jobless comeback ; New technology boosts productivity, reduces hiring needs
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- October 29, 2009
- Author:
CopyrightCopyright 2009 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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To cut costs when the economy tumbled, Peerless Precision Inc.
invested in computerized equipment, partly to eliminate the use of
costly subcontractors. Now that new orders are coming in, the
equipment is allowing the Westfield machine shop to expand
production without adding to its workforce of about 20.
"The bottom line is that by working with our employees, we've
improved efficiency," said Larry Maier, the company president.
"That's why we're still here. That's why we're having a good year."
Manufacturing in Massachusetts is rebounding from the deep
recession, but as Peerless shows, the sector will be slow in
recovering the 25,000 jobs it lost over the past two years. Even
though ...