LAYOFFS: GE Employees Rethinking MABE's White Knight Status
Submitted by advisor on Tue, 07/15/2008 - 3:23pm.
The Montreal Gazette reports that only one year after securing union wage freezes and other concessions based on the promise of keeping a Montreal plant open until 2012 or 2013, Mabe indicated it would shift 2 of the most profitable product lines out of the plant to Mexico.
The factory was acquired by Mabe in its purchase of CAMCO 3 years ago.
Analysis: If the Gazette's article is the whole story, there's a truck sized loophole here in the union agreement.
Keeping a factory open is not synonymous with keeping the factory's 900 workers employed. One guy printing labels by candle-light should be just enough.
