Certified
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TAW-53123  /  Reed Rico (Holden, MA)

Petitioner Type: Company
Impact Date: 09/10/2002
Filed Date: 10/03/2003
Most Recent Update: 11/17/2003
Determination Date: 11/17/2003
Expiration Date: 11/17/2005

DEPARTMENT OF LABOR

Employment and Training Administration

TA-W-53,123

REED RICO
PRECISION SPECIALTY PRODUCTS, INC.
HOLDEN, MASSACHUSETTS

Certification Regarding Eligibility
To Apply for Worker Adjustment Assistance and
Alternative Trade Adjustment Assistance

In accordance with Section 223 of the Trade Act of 1974 (19
USC 2273), the Department of Labor herein presents the results of
its investigation regarding certification of eligibility to apply
for worker adjustment assistance.
In order to make an affirmative determination and issue a
certification of eligibility to apply for Trade Adjustment
Assistance, the group eligibility requirements in either paragraph
(a)(2)(A) or (a)(2)(B) of Section 222 of the Trade Act must be met.
It is determined in this case that the requirements of (a)(2)(B) of
Section 222 have been met.
The investigation was initiated October 3, 2003 in response to
a petition filed by a company official on behalf of workers of
Reed-Rico, PCC Specialty Products, Inc., Holden, Massachusetts.
The workers at the subject firm produce metal working tools.
The investigation revealed that employment at the subject
division decreased absolutely from 2001 to 2002 and during the
period of January through July 2003 when compared to the same
period in 2002.
Furthermore, the investigation revealed a shift in production
of metal working tools to India during the relevant period.
Moreover, the investigation revealed that imports of metal
working tools have increased.
In accordance with Section 246 the Trade Act of 1974 (26 USC
2813), as amended, the Department of Labor herein presents the
results of its investigation regarding certification of eligibility
to apply for alternative trade adjustment assistance (ATAA) for
older workers.
In addition, in order for the Department to issue a
certification of eligibility to apply for ATAA, the group
eligibility requirements of Section 246 of the Trade Act must be
met. The Department has determined in this case that the
requirements of Section 246 have been met.
A significant number of workers at the firm are age 50 or over
and possess skills that are not easily transferable. Competitive
conditions within the industry are adverse.



Conclusion
After careful review of the facts obtained in the
investigation, I determine that there was a shift in production of
metal working tools from the subject firm to India, and an actual
or likely increase in imports of articles like or directly
competitive those produced at that firm or subdivision.
In accordance with the provisions of the Act, I make the
following certification:
"All workers of Reed-Rico, PCC Specialty Products, Inc.,
Holden, Massachusetts who became totally or partially
separated from employment on or after September 10, 2002
through two years from the date of certification are eligible
to apply for adjustment assistance under Section 223 of the
Trade Act of 1974, and are also eligible to apply for
alternative trade adjustment assistance under Section 246 of
the Trade Act of 1974."
Signed in Washington, D. C. this 17th day of November 2003

/s/ Linda g. Poole
______________________________
LINDA G. POOLE
Certifying Officer, Division of
Trade Adjustment Assistance