HolyCoast: Great Moments in Labor Negotiations
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Friday, November 05, 2010

Great Moments in Labor Negotiations

You can push the company bosses just so far:
The Olin Corp. said Wednesday that it will put its money where its mouth is — in Mississippi.

A day after union workers rejected for a second time a contract that might have saved their jobs, the Metro East company told them it was moving about 1,000 ammunition production jobs from Metro East to Oxford, Miss.

As members of the International Association of Machinists and Aerospace Workers District 9 left the East Alton catering hall where the ballots were tallied Tuesday night, more than a few of the employees ventured that Olin was bluffing.

The company, they maintained, had no intention of following through on its threat to move their jobs. On Wednesday, Olin called their bluff by announcing that it would build a 500,000-square-foot facility when it moves its ammunitions operations.

According to an Olin news release, Mississippi provided “’significant incentives” to entice the manufacturer to expand production near a current Olin plant.

Joseph Rupp, the chairman, president and CEO of Clayton-based Olin, pointed the finger at the workers’ failure to accept a contract that guaranteed seven years of job security in exchange for reductions in vacation time, an elimination of a matching company contribution to retirement plans and other incentives.

“While I am disappointed that employees … chose to reject a proposal that would have allowed us to remain competitive in East Alton, we look forward to expanding our existing operations in Mississippi,” Rupp said in a prepared statement.
The day when unions called the shots is over. There are too many cities hurting for businesses that are willing to give big breaks for companies to move.

1 comment:

Sam L. said...

So...the company sold itself down the river and let the union slaves go free.