The nation’s oldest cutlery manufacturer has filed for bankruptcy, The Associated Press reported yesterday. Lamson & Goodnow Manufacturing Co. of Shelburne Falls, Mass., filed for chapter 11 this month. The business, founded in 1837, has also put its 18-acre factory complex up for sale. According to the bankruptcy court, the company filed for bankruptcy protection as a result of two multi-million-dollar loans that it could not repay. The company owes $1 million on a U.S. Small Business Administration loan and more than $2 million to the small business corporation in New York.
