Accuride and CAW Reach Early Agreement.EVANSVILLE, Ind.--(BUSINESS WIRE)--Dec. 9, 1999-- Today, members of the Canadian Auto Workers The Canadian Auto Workers (CAW; formally the National Automobile, Aerospace, Transportation and General Workers Union of Canada) is one of Canada's largest and highest profile trade unions. (CAW), Local 27 - Unit 17, voted to ratify a three-year labor contract with Accuride Canada, Inc. Achieving a mutually acceptable contract was a result of early negotiations between the parties. The contract, under which the Union had been operating, was slated to expire at midnight on March 13, 2000. "Accuride is delighted that the union and management bargaining teams at our London facility were able to craft an early collective bargaining agreement The contractual agreement between an employer and a Labor Union that governs wages, hours, and working conditions for employees and which can be enforced against both the employer and the union for failure to comply with its terms. . All parties, and especially the London workforce, deserve the highest praise," said Bill Greubel, Accuride's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "This is a win-win situation for everyone. Now the Company, and our employees, can focus exclusively on meeting the needs of our customers and ensuring operational excellence throughout our London facility." Along with an early signing bonus A signing bonus or sign-on bonus is a sum of money paid to a new employee by a company as an incentive to join that company. These are often given as a way of making a compensation package more attractive to the employee e.g. if the annual salary is lower than they desire. , the new contract offers employees benefit and wage improvements. "Over the past year, our Plant and Union leadership have worked hard at establishing a shared business vision and cooperative working relationship. The fact that we were able to reach an early agreement signifies our progress towards these goals," explained Stewart Doggett, Accuride's Director of Operations for its London Facility. "I have every expectation that we will be equally successful in resolving any future issues still before us, as attaining world class performance is key to our mutual success." Accuride Corporation is North America's largest manufacturer and supplier of wheels for heavy/medium trucks and trailers. The Company offers the broadest product line in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. heavy/medium wheel industry and is the only North American manufacturer and supplier of both steel and aluminum heavy/medium wheels. Accuride Corporation also produces wheels for buses, commercial light trucks and sport utility vehicles This page lists sports utility vehicles currently in production (as of April 2007), as well as past models. The list includes crossover SUVs, Mini SUVs, Compact SUVs and other similar vehicles. , and for passenger cars. Accuride Corporation has steel wheel operations in Henderson, Kentucky Henderson is a city located in Henderson County, along the Ohio River in Western Kentucky. It was called "Red Banks" by the native Americans who originally lived and hunted there because of the reddish clay soil on the banks of the river. ; Columbia, Tennessee; London, Ontario, Canada; and in Monterrey, Mexico. Accuride Corporation is also involved in the production and sales of aluminum wheels, and in a commercial tire and wheel assembly joint venture in Springfield, Ohio, and Talbotville, Ontario, Canada. |
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