Perhaps news to no one other than me, but I was sad to stumble upon an October, 2o11 post from Serotta announcing their intention to close their New York facilities. They will stay in business and operate everything from their California facilities (originally set up to advance their carbon fiber work). The New York facility in Saratoga Springs is for sale. You can read about it here.
While we were planning our move to Albany, there was a brief period when I wasn’t sure what I was going to do for work. I had announced my resignation from a law practice in Omaha but didn’t have anything lined up to fill the void. I was thinking about teaching, first, or trying to find a job somehow related to bicycles, second. At that time, Serotta wanted help. The only requirement was hand eye coordination. A bar even I could clear! Thought maybe I would juggle for them (and then thought better of it). Housing in Saratoga is pricey. I wasn’t comfortable with the idea of low wages and high expenses (including high real estate taxes), so I didn’t give serious consideration to the possibility. A week or so later the head of my new firm threw me a lifeline and I grabbed it. It was surprisingly easy to forget about my other plans. Comfort in the known, right?
A couple of people I met after I moved here did get jobs at Serotta, but the effects of the financial downturn touched most every business and Serotta was no exception. Things got slow. Full-time jobs became part-time and finally no-time. I assumed they’d downsize and ride it out. I never imagined they’d close shop in New York.
I never visited Serotta. Never owned one. Probably would have bought used which doesn’t do much at all for the manufacturer (unless the seller buys a new one). Still, I was proud to know they were there. They have a stellar reputation and their work is wonderful to see (Serottas are fairly common in these parts). My pride did nothing to help them keep the lights on, though, and I wasn’t alone in my not buying. Another business leaving New York. At least they are still alive!