01.03.11
At first, the change barely was noticeable. Then, it became more pronounced as companies increasingly scaled back their orders. Eventually, orders slowed to a mere trickle.
Executives at Coghlin Companies Inc. had to make some hard decisions to keep the firm from hemorrhaging money. One of the most difficult (but logical) choices was furloughs.
Coghlin has good reason to be optimistic. Not only is his company involved in “world-changing” technologies, it also is experiencing an increase in productivity and a surge in automation equipment orders that have prompted the firm to expand operations in Westborough, Mass. The additional 60,000 square feet of manufacturing space will house aspects of the company’s manufacturing and engineering divisions and will enable Coghlin to implement several new industrial automation programs. Executives did not elaborate on the kind of programs that will be housed in the new manufacturing space.
“The new facility will be the immediate home to at least two high-speed automated manufacturing process equipment programs,” Coghlin noted in a prepared statement. Coghlin Companies is a fourth-generation privately held capital equipment contract manufacturing and engineering services specialist with operations in both Worcester and West Boylston, Mass. The company is comprised of four wholly owned subsidiaries—Columbia Tech, Coghlin Precision, Cogmedix and DCI Engineering.