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Saturday
Aug302014

NHDP - ICYMI: Week-Long Coverage of Brown’s Paycheck From Outsourcing Company & Refusal To Resign 

Nashua Telegraph: “Brown, a candidate for U.S. Senate, has earned $270,000 sitting on the board of directors of a Massachusetts company that capitalized on cheap foreign labor in places such as China while shielding millions of dollars in profits from U.S. taxes.”
 
Concord Monitor: “The outsourcing of jobs emerged as a hot topic yesterday following a report last week that linked U.S. Senate candidate Scott Brown to a company that has sent jobs abroad…Brown earned $270,000 from a Massachusetts company that has outsourced jobs to China and Mexico…The company has four manufacturing operations in the United States and 14 abroad, which in part allowed it to avoid paying millions of dollars in income taxes”
 
NHPR: “Brown has been on the board of directors of Kadant Incorporated, which supplies equipment for the pulp and paper industry, since February of 2013. The company’s annual report, which Brown signed off on, says it plans to grow in the US market by ‘using low cost manufacturing bases, such as China and Mexico.’”
 
Huffington Post: “a trio of labor groups are calling on GOP Senate candidate Scott Brown to resign from a company that outsourced U.S. jobs.”

 Union Leader: "Scott Brown's service as a board member for a company that has outsourced some jobsoverseas has U.S. Sen. Jeanne Shaheen crying foul even as Republicans claim Shaheen did likewise as governor." 

Nashua Telegraph Article That Started It All: "since February 2013, he has earned $270,000 sitting on the board of directors of a Massachusetts company with a penchant for exporting jobs to cheap foreign labor alternatives such as China while shielding millions of dollars in profits from U.S. taxes...In the company’s 2014 annual report, Kadant said it legally avoided paying $146 million in U.S. income taxes by 'indefinitely' reinvesting profits made in overseas operations."

WATCH: NHDP Web Ad on Brown Endorsing The Offshoring of American Jobs As Business Strategy Just Two Days Before Entering U.S. Senate Race 

 

Manchester, NH—After 72 hours, Scott Brown continues to refuse calls for him to resign from the Board of Directors of a company that outsourced American jobs. Media outlets across New Hampshire, meanwhile, have reported on Brown’s leadership role with this controversial company as he dodged questions and shirked responsibility, even though he personally endorsed Kadant’s business plan, which included moving manufacturing facilities and jobs overseas.
 
"Scott Brown has a history of doing what's best for his bank account. That's wrong for New Hampshire families," said New Hampshire Democratic Party Communications Director Julie McClain.
 
In the Senate, Brown voted to protect tax breaks for companies that offshore American jobs, helping to pad the bottom line of companies just like Kadant.
 
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.  
 
McClain added, "The facts are clear: Brown voted to protect tax breaks for companies that outsource, personally profited from a company that shipped jobs to China and Mexico, and even personally endorsed these controversial business practices. Instead of doubling down on these types of reckless business practices that hurt New Hampshire families and workers, Brown should do the right thing and finally resign." 
 
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