Legacy Banks to Sponsor Retirement Income Luncheon

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PITTSFIELD, Mass. – Legacy Banks will sponsor a free retirement income luncheon on Thursday, July 30, from noon to 1 at Bobby Hudpuckers Restaurant.

The program is specifically geared to GE retirees, but is open to anyone who would benefit from the information. Space is limited, and participants will be registered on a first-come, first-served basis.

The workshop will focus on diversifying a retirement portfolio, supplementing retirement income and exploring other investment vehicles for those who may have too much of a single stock and may be facing dividend reductions. The program is presented by the professionals of Legacy Portfolio Management. Those interested in attending should call 800-292-6634 with questions or to reserve a space.

Investment products and services are offered through Infinex Investments Inc., a member of FINRA/SIPC. Insurance products are offered through Infinex Insurance Agency of Massachusetts Inc. Infinex and the bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States, and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.
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Lenco Celebrates $5M in Capital Investments

By Brittany PolitoiBerkshires Staff

Executive Vice President Lenny Light says it's not the equipment but the staff that gives Lenco its competitive advantage. 
PITTSFIELD, Mass. — Lenco Armored Vehicles has embarked on a $5 million capital investment project for faster, better manufacturing. 
 
A ribbon was cut on Monday in front of the company's new Trumpf TruLaser 3080, a machine designed to cut extra-large sheets of metal. This will increase the efficiency of building armored tactical vehicles, such as the BearCat, by about 40 percent. 
 
Executive Vice President Lenny Light recalled the Lenco's beginnings in 1981, when it operated out of 3,000 square feet on Merrill Road with 15 employees.  Today, Lenco has 170,000 square feet of manufacturing space and nearly 150 employees. 
 
"The work that we do here in Pittsfield contributes to millions of dollars being put back into our local economy. We're the largest commercial armored rescue vehicle manufacturer in the United States. We're one of the most respected brands locally. We also now own the largest fiber laser in the United States. It's the only one of its kind in the Northeast," he said, motioning to the massive, modern machinery. 
 
"But the equipment that we have is not our competitive advantage — our welders, our forklifts, our cranes — any company can buy this same exact equipment." 
 
Rather than the equipment, he said, it's the staff who shows up every day with a can-do attitude that gives Lenco its competitive advantage. 
 
Planning for the industrial cutter began 18 months ago, when the company needed to decide if it was the right equipment for the future. Trumpf, named for its founder, is a German-headquartered global manufacturer of high-end metal processing (computer numerical control) machines, including laser technology. The TruLaser 3080 uses a high-intensity laser beam to cut through metals with speed and accuracy.
 
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