Coronavirus ~ COVID-19

[Kätzchen]

Originally Posted by Gemme

I'm saddened by this.

A 93-year-old pen maker in Coventry, RI is going out of business.

Garland Writing Instruments makes promotional pens and branded gifts, but owner Rick Becker said the company's orders dried up in the pandemic when trade shows and conventions were canceled.

"It was going along really well. We were growing. The business was growing. And the name recognition had really come back to life. But the pandemic hit, and it just sort of came to a screeching halt," Becker told NBC 10's Gene Valicenti on his WPRO radio show.

Becker said he's also had trouble sourcing components used to make face shields, which Garland added to its product line to compensate for the loss in pen sales.

The Garland name and the company's assets are for sale. The company has about 12 employees.

Garland made the pens that House Speaker Nancy Pelosi used to sign the articles of impeachment against President Trump.

The company was founded in 1927. Becker said it was the last company making mid-range pens in America.

I tried to find the latest study on economic impacts from just 4 years ago (COVID era), but only could find this scientific research study from 2019 (or so). It’s a great nerdy science read, for those interested in reading the PDF I found on economic impacts.

I will say this: the study mentions impacts such as supply chain disruptions. Anybody wanna guess what new research might point to, this time??? I’m guessing supply chain disruptions in the form of tariffs by djt & co might be more obvious this time around.

LINK to study: https://www.pnas.org/doi/10.1073/pnas.2006991117