Posted on 01/02/2012 6:38:28 PM PST by MamaDearest
Snips from Excerpt only website: A lockout late Sunday of about 465 workers at a Canadian locomotive factory owned by a Caterpillar unit has renewed debate in Canada about the labor impact of foreign ownership.
The action came after the employees in London, Ontario, rejected a contract proposed by Electro-Motive Canada. The Canadian Auto Workers union said the proposal would cut wages in half, substantially reduce benefits and end the current pension plan.
But some of the unions executive members have suggested that Caterpillars contract demands were intended to provoke a shutdown of the Canadian factory as a prelude to moving all production to the United States.
(Excerpt) Read more at nytimes.com ...
Intelligent homeowners lock out burglars, too.
BUSINESSDECEMBER 19, 2011, 3:23 P.M. ET
Caterpillar Continues Sales Growth Streak
http://online.wsj.com/article/SB10001424052970204791104577108771237511552.html
Wow.
UAW making only 1/2.
Part of that is probably based on exchange rates, too. The Canadian dollar is trading about on par with the U.S. dollar right now. Ten years ago, a U.S. dollar was worth about $1.50 Canadian . . . so Caterpiller probably sees the U.S. as an attractive alternative to their Canadian plants just because labor costs are one-third lower just because of the decline of the U.S. dollar.
I wonder what the UAW wages actually are for the new Ind. plant.
My husband was locked in (part of management) in a labor dispute years ago. It was quite the experience for him.
Seeing that absolutely no mention was made of the wages, in Muncie or Canada, one can assume the Canadian wages were quite high and would cause all sympathy for the workers to vanish. That assumption is reinforced by the absence of any "slave labor" claims in the media concerning Muncie plant.
Thank you for the enlightenment
Where the unions are so much easier to work with.
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My husband said the plant where he was locked in ran just fine without the union workers. Instead of grievances because a carpenter did a laborers work or an electrical worker moved a piece of mechanical equipment without having an operator do it, the work was done quite adequately.
LOL, is that what he told you?
All I can say about that is that his paychecks were wowsers for the time he spent there. We went to the Caribbean and Bermuda with some of the excess.... Regular paychecks were nothing (very small in proportion) like what he got when he was locked in!!!!!
The Canadian unions should let Caterpillar advertise the jobs at half the pay and see if anyone is willing to apply. I bet they could replace every single worker!
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