Monday September 10, 2007
For Immediate Release
Stratford, ON – Members of IAMAW Local Lodge 1550 have ratified a new four-year collective agreement with Crane Canada Inc.
“Crane closed its facility in Dallas, Texas and that set the tone for a very tough round of bargaining,” said IAMAW Grand Lodge Representative Jim Nugent. “Under the circumstances we’re pleased we have a deal.”
The agreement provides for a wage freeze in the first year with a $400.00 signing bonus and a 2 per cent wage increase in each of the remaining three years. Other contract highlights include:
- Pension increase of $1/hour in the fourth year
- Life insurance benefits increased to $45,000
- Vision care benefits increased to $160.00 every two years
The eighty members manufacture plumbing fixtures for the Canadian home improvement and construction industries.
The IAMAW represents more than 700,000 active and retired members in North America and administers more than 5,000 contracts in transportation, woodworking, aerospace, manufacturing and defense-related industries.
For further information:
Jim Nugent – IAMAW Grand Lodge Representative
519-631-1180/519-871-1787
Bill Trbovich – IAMAW Director of Communications
416-386-1789 ext 31/416-735-9765
