NHDP - Eight Days and No Resignation

Brown Continues To Cash in From Company That Outsourced
On WMUR, Brown Caught Not Being Truthful About His Endorsement of Kadant’s Outsourcing Strategy

Manchester, NH—It's been eight days and instead of doing the right thing and resigning, Brown is doubling down - misleading about what he did and even praising the controversial company, Kadant, Inc., that sent jobs overseas. Brown claimed on WMUR's CloseUp this weekend that he had no knowledge of Kadant’s outsourcing business strategy, when he actually signed official legal documents with the Securities and Exchange Commission endorsing that very strategy, which included relying on low cost manufacturing facilities in China and Mexico. In the Senate, Brown even voted to protect tax breaks for companies that outsource jobs overseas. 
“The legal documents are clear —Scott Brown endorsed Kadant’s outsourcing strategy as a member of the company’s Board of Directors, and he continues to cash in to the tune of more than a quarter million dollars,” said New Hampshire Democratic Party Communications Director Julie McClain. "From his votes to protect tax breaks for companies that outsource, to his decision to align himself with controversial companies in order to benefit his bottom line, Brown's record proves that he's only looking out for himself and corporate special interests.  That may be great for his bank account, but it's wrong for New Hampshire. Instead of continuing to cash in, Brown should do the right thing and resign from Kadant, Inc." 

Kadant’s 2012 Annual Report, signed on March 12, 2014 and filed with the SEC, reads: "We pursue a number of strategies to improve our internal growth...using low cost manufacturing bases, such as China and Mexico."  Previous filings with the SEC that also have Brown's signature include the same language and endorsement of outsourcing American jobs.
Earlier this year, Brown was also forced to resign in disgrace from his role as an advisor to a shady penny stock company called GDSI, a former beauty supply company turned weapons manufacturer whose executives were sued for fraud.