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Machinists Ratify Revco Agreement

Friday February 19, 2016

 

For Immediate Release

 

Toronto, ON – Members of IAM Local Lodge 235 have ratified a new three-year agreement with Revco Worldwide Limited.

The agreement provides wage increases of a $400.00 lump sum payment in the first year, 1.5 per cent in the second year and 2 per cent in the third year. Other agreement highlights include:

  • Significant improvements in the employer contributions to the IAM Pension Plan
  • Increased life insurance
  • Increased safety boot allowance
  • Increased dental plan coverage
  • Improved contract language

 

“This agreement was made possible through the efforts of Negotiations Committee member Kirit Bhakta,” said IAM District Lodge 78 Business Representative Kim Valliere. “He did a great job representing his fellow members.”

The 10 members work out of the Revco warehouse in Scarborough. Revco ships, receives and warehouses power transmission components including roller chain and roller sprockets, jaw, R-flex and chain couplings, shaft collars, taper bushings, taper bored weld-in hubs, sheaves as well as industrial casters and wheels.

 

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For further information:

Kim Valliere – IAM District 78 Business Representative

416-225-9003/519-496-2510

Bill Trbovich – IAM Director of Communications

416-386-1789 Ext #6331/416-735-9765