|Janesville GM Assembly plant to remain on standby|
|Written by Dan Plutchak|
|Saturday, 17 September 2011 22:20|
Janesville's GM Assembly plant will remain on standby status, but will not close, according to details of a new contract between the automaker and the United Auto Workers Union.
The Associated Press reported Saturday that the deal, which was reached late Friday, includes a $2- to $3-per-hour pay raise for entry-level workers over the life of the contract and guarantees of more union jobs, according to sources.
The United Auto Workers union also reportedly won $5,000 signing bonuses and the possibility of sweeter profit-sharing checks as part of a new four-year contract.
Even though the future of Janesville's plant remains in limbo, a former Saturn assembly plant in Spring Hill, Tennessee, will be reopened, AP reported, and new products have been promised to plants in Romulus, Michigan; Warren, Michigan; and Wentzville, Missouri.
There were no announcements of any plant closures, however.
Along with Janesville and Spring Hill, a plant in Shreveport, La. also has been on standby status.
By keeping the plants idled, it gives the company the option of reopening them in the future.
|Last Updated on Sunday, 18 September 2011 17:17|