Avcorp Announced the Signing of an Agreement.VANCOUVER, British Columbia--(BUSINESS WIRE)--March 19, 1996--AVCORP INDUSTRIES(ME: AVP AVP arginine vasopressin. ) Avcorp Industries Inc. announced today that it has signed a land mark agreement with the International Association of Machinists and Aerospace Workers The International Association of Machinists and Aerospace Workers is an AFL-CIO/CLC trade union representing approx. 646,933 workers as of 2006 in more than 200 industries. (IAM IAM - Interactive Algebraic Manipulation. Interactive symbolic mathematics for PDP-10. ["IAM, A System for Interactive Algebraic Manipulation", C. Christensen et al, Proc Second Symp Symb Alg Manip, ACM Mar 1971]. and AW), local 721, representing employees at the Richmond, BC, Aerostructures Division. The new agreement, which was accepted by members on Monday, March 18th, covers new ground in areas of gain sharing, pay for skill, joint committee on quality and improvement, classification definition, and benefits restructuring. The agreement also breaks new ground in covering a four year period instead of the traditional three. The new contract was developed on the principal of an empowered work organization, representing employees and management, working within a continuous improvement environment. Mr. Ron Palfery, Vice President and General Manager of the Aerostructures Division, said: "This represents a new direction for our Division and the workforce. We purposely structured this contract to allow the Division to compete in the aerospace market segment. Our proactive management has built a healthy labour climate. Avcorp's success in labour relations labour relations (US), labor relations npl → relations fpl dans l'entreprise labour relations labour npl → Beziehungen pl is the result of meeting the needs of our employees while at the same time focusing on competitiveness, productivity and our customers' requirements." A joint decision making committee will work together to increase productivity while, at the same time, increasing the skills inventory of the workforce. This will be done through the introduction of skills based apprenticeship programs and journeyman classifications. The Union's working relationship withe withe n. A tough supple twig, especially of willow, used for binding things together; a withy. [Middle English, from Old English withthe; see wei- in Indo-European roots. the Aerostructures Division over the last 21 years has developed into one of mutual trust, respect and a desire to further the well being of the Division to everyone's mutual benefit. This has been further demonstrated by the introduction of an employee share ownership program, in which 38 percent of employees have now become shareholders, and the inclusion of a performance based gain sharing program which will take effect in the second half of the agreement. Avcorp, which also has its Engineering Division in British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography and its Metal Products and Composites Divisions in Quebec, has been a major supplier of aerospace components to the international aviation industry for over thirty years. It is a supplier on a number of aircraft programs including those of the Boeing Company, Bell Helicopter Bell Helicopter Textron is an American helicopter and tiltrotor manufacturer headquartered in Fort Worth, Texas. A division of Textron, Bell manufactures military helicopter and tiltrotor products in the United States (primarily in and around Fort Worth as well as in Amarillo, Textron, de Havilland de Ha·vil·land , Olivia Born 1916. British-born American actress who portrayed Melanie in Gone With the Wind (1939) and won an Academy Award for To Each His Own (1946) and The Heiress (1949). , McDonnell Douglas, Canadair, Rockwell and Northrop Grumman. Avcorp Industries Inc. is a Canadian aerospace industry manufacturer. The Company is a single-source supplier for design, fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. and assembly of metal, composite and plastic components and is made up of four divisions: Aerostructures, Composites, Metal Products and Engineering. CONTACT: Avcorp Industries Inc. Aerostructures Division Ron Palfery Vice President & General Manager 604/278-9821 |
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