Ecusta Union Ratifies Early Retirement Program.SPRING GROVE Spring Grove may refer to:
tr.v. rat·i·fied, rat·i·fy·ing, rat·i·fies To approve and give formal sanction to; confirm. See Synonyms at approve. a supplement to the union contract. This supplement affords an early retirement enhancement opportunity to certain hourly employees and changes the wage progression program for hourly employees hired in the future. P. H. Glatfelter Co. is a producer of printing and writing, tea bag, tobacco and other specialty papers. In addition to its North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. facility, the Company's U.S. operations include facilities in Spring Grove, Pa., and Neenah, Wis. International operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. include facilities in Germany, France, the Philippines, Australia and Canada. The Company announced on Aug. 7 its plans to reduce the Division's salaried and hourly workforce as a result of fundamental changes in the tobacco markets into which the Company sells its tobacco papers. Specifically, the Company unveiled a voluntary early retirement enhancement program for salaried employees and announced that it would begin negotiations with UPIU UPIU United Paperworkers International Union UPIU United Press International - University Media Alliance Local 1971 for hourly workforce reductions. Negotiations began Aug. 10. "I was pleased with the support for this reorganization plan A scheme authorized by federal law and promulgated by the president whereby he or she alters the structure of federal agencies to promote government efficiency and economy through a transfer, consolidation, coordination, authorization, or abolition of functions. ", said Robert S Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. . Lawrence, vice president and general manager of the Ecusta Division. "By making the sacrifices that are required in the current business climate, management and labor have demonstrated a shared commitment to the future success of the Ecusta mill." The Company will eliminate approximately 125 jobs at the Ecusta Division with the intent to reduce annual payroll and benefits costs for its salaried and hourly workforce by approximately $7 million. By implementing the early retirement programs, the Company will incur, likely in the third quarter, a one-time expense of approximately $6 million. The estimated one-time expense assumes that participation levels in the early retirement programs will coincide with the planned job reductions.
CONTACT: P. H. Glatfelter Co.
Bob Newcomer, executive VP & CFO, 717/225-4711
fax: 717/225-6515
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