The collective agreement reached with glass molders and the local plastics union 19 for a six-year employment contract Avcorp Industries has been awarded a new employment contract with the International Association of Machinists and Aerospace Workers (IAM), Lodge 250 for its Delta, B.C. Installation on September 26. Avcorp Composite Manufacturing Inc. and the Union obtain a long-term collective agreement Source Code for Eikon: More corporate coverage: (Bengaly Newsroom -91 80 6749-1130; In the United States – 1 646 223 8780) This six-year contract offers improvements in base pay rates each year, benefit improvements and incentives for retirees during the first two years of the contract. New agreement requires wage increases of 1%, 2.25%, 2.25% and 2.75% during the first four years of the contract “This is an important achievement for all of us here at Avcorp,” said Mark van Rooij, CEO of Avcorp, “because it creates a balance between the best interests of our highly skilled workforce and the economic reality of a highly competitive global market for aviation structures. The most advanced and responsible suppliers in our industry are all looking for long-term agreements with their workforce, as they provide the stability of the supply that customers are looking for. This agreement serves the interests of all our stakeholders and puts Avcorp at the centre of customers` minds if they want to create a new job. VANCOUVER, September 26, 2019 /CNW/ – Avcorp Industries Inc. (TSX: AVP) (the “company” or “Avcorp”) today announced that it has entered into a new working agreement with the International Association of Machinist and Aerospace Workers (Lodge 250) (Union) at its Delta, British Columbia plant. The new six-year labour agreement was ratified today by the EU.
As a result, Delta`s company will return to full capacity effective September 26, 2019. The collective agreement between the company and the International Association of Machinist and Aerospace Workers (Lodge 250) (Union) expired on 31 March 2019 and the company has been negotiating in good faith ever since. The long negotiations, the UNION`s strike mandate and the work stoppages have finalised the company`s action. The lockout affects approximately 270 workers in the Delta, British Columbia. Vancouver, BC, July 31, 2013–(T-Net)-Avcorp Industries, Inc. announced that the International Association of Machinists and Aerospace Workers Local Lodge 11 today ratified, by a two-thirds majority, a new 6-year collective agreement with the company. Avcorp Composite Manufacturing Inc. is wholly owned by Avcorp US Holdings Inc. Both companies are based in the State of Delaware, United States of America, and are whods who are whods 100% of Avcorp Industries Inc. Comtek Advanced Structures Ltd., which is based in the Province of Ontario, Canada, is a wholly owned subsidiary of Avcorp Industries Inc.
Please send me an email notification (with all my company updates) On the following dates: Avcorp and IAMAW sign the six-year collective agreement – the agreement includes an incentive compensation resulting from the achievement of the team`s performance objectives.