The struggles of the manufacturing
economy in 2009 are well documented.
Even among those of us with
long careers, most of us have never
seen activity come to a screeching
halt the way it did last year. 2009 was tough on all of us. So, what should we expect in 2010?
A year ago, we sent out a small e-mail survey with one simple question: “Why do you read Gear Technology?” At that time, we were extremely gratified, even somewhat overwhelmed, by the enthusiastic and appreciative response of our readers, and I wrote about the survey and the results in my editorial
in the September/October 2008 issue. When we sent out the survey this year with the same question, you’d think we would have been prepared for the results. We weren’t. If anything, our readers are even more appreciative than they were a year ago.
The auction has been held. The warehouse is bare. The computers
and furniture are being packed, and Cadillac Machinery, the company
started by my father in 1950, and of which I was president for more
than 25 years, is close to being no more.
Step right up! Get your U.S. government gravy here! We’re the U.S. Treasury Department’s Troubled Asset Relief Program, and we’re printing money like we’re—well—the U.S. reasury. If you’ve got trouble, then get your assets in line!