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, … story

This entry was posted on Friday, May 2nd, 2008 at 5:19 pm and is filed under Auto Manufactures, Ford, UAW, union. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.