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Friday
Aug292014

NHDP - NEW WEB AD: Two Days Before Entering U.S. Senate Race, Brown Endorsed Offshoring American Jobs As Business Strategy 

While New Hampshire Has Suffered From The Highest Percentage Of Jobs Lost To China, Brown Profited From Role With Company That Sent Jobs Overseas
 
Manchester, NH – Just 48 hours before he entered the U.S. Senate race in New Hampshire, Scott Brown endorsed relying on low cost manufacturing bases in China and Mexico as a business strategy, that is the message in a new web ad released by the New Hampshire Democratic Party today.  Brown collected more than a quarter of a million dollars from a company—Kadant, Inc.—that outsourced American jobs to China and Mexico. Independent studies report that New Hampshire has suffered the highest percentage of jobs lost to China. 

Documents filed with the Securities and Exchange Commission on March 12th, 2014 show Brown signed documents that endorsed "using low cost manufacturing bases such as China and Mexico" to increase the company's bottom line.   Brown began his run for the U.S. Senate just two days later on March 14th.  

“Scott Brown raked in more than a quarter of a million dollars from Kadant, even though he knew the company had outsourced jobs and relied on low cost manufacturing bases in China and Mexico—it’s despicable,” said New Hampshire Democratic Party Communications Director Julie McClain. “In the Senate, Scott Brown voted to protect tax breaks that reward companies that move American jobs to places like China and Mexico.  Now he is cashing in on the board of a company that did just that.  Scott Brown is running for Scott Brown and his own bottom line—not New Hampshire.”

During yesterday’s Republican primary debate on WGIR's "New Hampshire Today," Scott Brown called Kadant a “very proud and good company” and insisted he would not resign from the Board, despite calls for him to do so from labor leaders representing tens of thousands of New Hampshire workers and their families.

“Brown is refusing to answer questions about his role with the company, and has insisted he will continue to sit on its Board. Not only does he know about Kadant’s history of outsourcing, but he’d like to continue to profit from his role there --even while he runs for Senate in New Hampshire. It’s unconscionable," added McClain.

This isn't the first time Scott Brown has been caught cashing in on his senate candidacy and selling reputation with a company at odds with New Hampshire values.  Earlier this summer, the Boston Globe reported that Brown was receiving $1.3 million in stock for joining the board of a shady penny stock, Global Digital Solutions, Inc. (GDSI), When questions arose about his ties to the beauty supply company turned arms manufacturer with no products and no manufacturing facilities and run by executives who were sued for securities fraud, Brown was forced to resign in disgrace.  

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