CAW Reaches Tentative Closure Settlement with Electro-Motive
February 21, 2012, 2:55 PM EST
The CAW has negotiated a tentative plant closure settlement with Electro-Motive Canada. The settlement covers approximately 465 CAW Local 27 members employed at the company's London facility. Members are scheduled to vote on the settlement on Thursday morning (February 23).
No details of the agreement will be released until after the closure settlement is ratified.
The closure settlement comes nearly two months after Electro-Motive management locked out its employees, demanding a 50 per cent cut in wages as well as other massive contract concessions.
Electro-Motive announced the closure of the London locomotive facility on February 3.