Here's the deal for all those are concerned... If you read the article, it is clear that the firm that bought the company in 2006 has held onto it long enough, and Paul has done an incredible job improving the bottom line, and taking the company to record sales growth, and they want to grow even more. In order to finance the expansion of the factory (I heard they are upgrading their Port Washington facility to add a whole new line of production for custom orders, special requests, webgem's etc) they will need $$$.
I can verify this. I was having lunch with Paul this week and he complained that the factory has seen a significant increase in MTO boots in size 14, which has led to a spate of workers' compensation injuries from workers trying to lift them. The new MTO production line will include specialized equipment like this to help the employees work on future size 14 MTO's.