Chrysler suppliers set strike deadline
Last Updated: Monday, November 16, 2009 | 8:51 AM ET
CBC News
Related
Internal Links
External Links
(Note: CBC does not endorse and is not responsible for the content of external sites - links will open in new window)
Unionized workers at a plant in Tecumseh, Ont., that builds interiors for Chrysler minivans say they'll strike if they don't a reach new collective agreement with their employers by late Friday night.
Ninety-seven per cent of the 125 unionized employees at Johnson Controls Automotive Interior have voted in favour of a strike, according to Dino Chiodo, first vice-president of Canadian Auto Workers Local 444. Their deadline is 12:01 a.m. on Saturday.
"We're going to try to do what we can to make sure we get an equitable agreement, be fair and get a pragmatic solution to what's going on in the economy," Chiodo told CBC News.
Johnson Controls builds and sequences the overhead systems for the Dodge Caravan and Chrysler Town and Country.
Its 2009 fourth-quarter results were much lower than those of 2008, according to online company reports. Sales dropped 15 per cent, from $9.3 billion US in 2008 to just $7.9 billion in 2009. Gross profits also dropped, by 12 per cent, from $1.4 billion US to $1.1 billion US.
The company is looking for every opportunity to "save money moving forward," Chiodo said. "The company has basically just told us that there is some economic reviews that they want to go through in the language."
A strike at Johnson could cause labour disruptions at Chrysler's minivan plants, including those in Brampton and Windsor.
Share Tools
Top News Headlines
- Raitt closer to ending CP Rail strike
- Labour Minister Lisa Raitt is prepared to end the Canadian Pacific Rail strike if necessary, after both CP Rail and the union rejected a proposal for voluntary arbitration by the government-appointed negotiator on Sunday. Raitt tells CBC News she is "extremely disappointed." more »
- Syrian regime denies role in Houla massacre
- The UN Security Council condemned the Syrian regime at an emergency meeting Sunday, holding president Bashar al-Assad's military responsible for the massacre of more than 100 people, dozens of whom were children younger than 10 years old. more »
- Ryder Hesjedal wins prestigious Giro d'Italia
- Victoria, B.C., native Ryder Hesjedal has become the first Canadian to win one of the cycling world's three Grand Tour events, wrapping up the 2012 Giro d'Italia with an excellent performance in the final stage in Milan. more »
- Neighbour may have helped find missing kids in Mexico
- Two Winnipeg children who had been missing for nearly four years were found in Mexico after a man raised concerns about his neighbour, according to a private investigator. more »
Latest Business Headlines
- Bankia asks Spain for €19B
- The board of directors of Spain's troubled bank, Bankia, has asked the Spanish government for €19 billion ($24.5 billion Cdn) in financial support. more »
- EI reforms aim to boost employment, Flaherty says
- Finance Minister Jim Flaherty defended his government's proposals to change employment insurance, saying the aim is to remove "disincentives to employment." more »
- Employment Insurance review boards to be scrapped
- The federal government is scrapping two review boards used by people appealing decisions made about their employment insurance. more »
- Ottawa moves to limit foreign investment reviews
- The federal government is raising to $1 billion the amount of foreign money that can go into a Canadian company before the investment is reviewed. The review has been used in the past to block foreign takeovers of MDA and Potash Corp. more »
Lang & O'Leary Exchange
Markets
| Index | Last Trade | Change |
|---|---|---|
| TSX COMPOSITE | 11576.47 | 10.4 |
| DOW | 12454.83 | -74.92 |
| NASDAQ | 2837.53 | -1.85 |
| SP 500 | 1317.82 | -2.86 |
| NYSE COMPOSITE | 7534.32 | -18.01 |
| AMEX | 2227.37 | 1.45 |
| TSX-VENTURE | 1309.27 | 26.8 |
The data on this site is informational only and may be delayed; it is not intended as trading or investment advice and you should not rely on it as such.
Business Features
- Teen struck by lightning in Ottawa dies
- Missing Winnipeg children found in Mexico
- Syrian regime denies role in Houla massacre
- Quebec tornadoes cause millions in damage
- Montreal protesters march in peaceful defiance
- Remains found in bag on Cape Breton river ID'd
- Woman's remains found in hockey bag on Cape Breton river
- Everest team unable to bring down Toronto woman's body
- Neighbour may have helped find missing kids in Mexico

