Unions destroying more Illinois jobs...
If Obama ever gets his way, companies will be prohibited from doing this. That’s why yesterday’s election was important, he won’t get his way for the next two years.
Good! Move this type of work to the red states.
Another source says it’s 1000 jobs:
Olin moving 1,000 jobs to Mississippi after union rejects concessions
St. Louis Business Journal - by Kelsey Volkmann
Date: Wednesday, November 3, 2010, 3:48pm CDT
Related:
Manufacturing, Energy
Olin Corp. said Wednesday it will move its Winchester Centerfire ammunition operations and 1,000 jobs from East Alton, Ill., to Oxford, Miss., after a union twice rejected concessions that could have kept the jobs here.
The relocation is expected to take place over several years.
The company told the International Association of Machinists and Aerospace Workers in August that it was considering relocating operations to Oxford to save $30 million a year.
Mississippi is providing an incentive package to help Olin build a new 500,000-square-foot facility next to the companys existing building in Oxford.
Illinois Gov. Pat Quinn, U.S. Rep. Jerry Costello and Sen. Dick Durbin offered Olin an investment package that was extremely attractive and would have kept the jobs here, Chairman, President and Chief Executive Joseph Rupp said. Unfortunately, without the labor costs savings and efficiencies that the IAM proposal would have provided, the state incentives alone would not have allowed us to remain competitive for the long-term at our current location in Illinois.
Olins profit in the third quarter fell 19 percent to $31.8 million, down from $39.4 million in the third quarter of 2009.
The Clayton-based chemical and ammunition maker reported sales of $432.8 million, up 9 percent
I hope those union ass clowns do well flipping burgers at mickey D’s or collecting welfare.
Oxford, eh? Makes you wish Ole Miss hadn’t changed their name nickname from Rebels...
Unions are too damn big!
At least with unions in the private sector, like this, you can see the free market at work to deal with unreasonable demands. The real problem is with unions in the public sector.
Good move. All capitalists should move their businesses to red states and totally devastate the blue states economies.
I’d say that Olin was Illannoyed...
I cannot describe how happy this makes me. Unemployed union filth..., smells like victory.
Good work unions! Way to step on your own crank.
Good deal for Mississippi. Good deal for me too. I don’t buy anything that is union made.
Leave it to union members to not only slaughter the golden goose, but to then defecate on the carcass.
Look for stupidity, look for the union label.
If you can’t beat the UNION just leave them behind.
Union leeches deserve to lose jobs. E’ff em!
Mississippi—the crookedest state in the nation. Got taken for several thousand dollars by a thieving businessman in the Nettleton area south of Tupelo who advertised product over the internet, got paid for it, deposited our payment in his bank account, then “disappeared” and never delivered the goods. Filed a formal complaint with the Mississippi State Attorney General’s Office. Three years later the crook is still in business bilking people out of their money on the internet. The AG’s office has yet to send me one page of documentation confirming my complaint. The case officer is a jerk who stonewalls me whenever I call them. They tell me my case has become part of a class-action suit but there’s never any documentation or resolution. Last communication 2 years ago was that they were awaiting a judge to sign a search warrant so they could search this guy’s business premises. Crooks and thieves in the AG office aiding and abetting crooks and thieves on the street. If I was a legitimate businessman, Mississippi would be the last place I’d want to set up shop.
....or as we say down here in the South....Haw Haw......
Wow - Giving up a weeks vacation and a 3 year wage freeze as the main “stumbling blocks” to approving the contract.
As opposed to going on subsistance living on unemployment; possibly having to move your family; start all over at another job that may get you two weeks vacation; zero seniority; saying goodby to friends and family; ETC.
Unbelieveable.
I’m glad the union hasn’t been permitted to hold up production. I buy a lot of the Winchester value packs for sporting clays.
Saw a similar thing work out differently for MerCruiser workers in WI and OK plants. Union workers in WI voted not to agree to contract, company said work was going to OK, state of WI sweetened the company’s incentives (tax breaks, etc.) pot, MerCruiser allowed the WI union a do-over vote, they agreed to the no-gain contract, and the OK plant is being closed with some jobs shipped to WI.
Watch for a do-over vote opportunity for the Olin workers.