UAW official: Half of striking workers will take buyouts
Two American Axle forging plants likely to close
DETROIT — The outgoing president of a key UAW local at American Axle & Manufacturing Holdings Inc. said today that he expects at least half of the 3,650 striking workers at the axle maker to take a buyout once a contract is completed.
Adrian King, president of UAW Local 235 representing workers at American Axle’s Detroit complex, said talks probably will last beyond the weekend. He said it …
story Published: May 2 4:17 pm U.S. Eastern time [REG]
Ford to launch more UAW buyouts
DETROIT — Ford Motor Co. will offer more buyouts to hourly workers at assembly plants in Chicago and Louisville, Ky.
Mark Fields, Ford President of the Americas, confirmed in an interview with Automotive News that those two plants will be part of another round of buyouts the automaker is about to begin. The new round will target only certain plants, and the offers have not gone out, …
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