Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

GM Workers at Ontario Assembly Plant Approve 4-Year Agreement

Sept. 15 (Bloomberg) -- Unionized workers at General Motors Co.’s CAMI assembly plant in Ingersoll, Ontario, approved a four-year deal with the automaker that the union said will help to create “hundreds” of jobs.

Ninety percent of union members approved the pact at a meeting in London, Ontario, today, Canada’s Unifor union said in an e-mailed statement. The agreement includes a C$3,000 ($2,910) signing bonus and annual lump sum payments of C$2,000 in 2014, 2015 and 2016, the union said. It protects current pension benefits for active workers and retirees and gives full-time jobs to hundreds of temporary workers, Unifor also said.

The plant in Ingersoll bargains separately from other GM plants represented by Unifor. Those factories reached a four-year labor agreement last year, which cut the hourly rate for new hires to C$20.40 from C$23.80. The agreement was similar to agreements reached with Ford Motor Co. and Chrysler Group LLC.

GM on March 8 announced plans to invest in the Ingersoll plant to install body shop equipment and tools to permit the factory to build more types of vehicles. The factory’s current products include the Chevrolet Equinox.

To contact the reporter on this story: Frederic Tomesco in Montreal at tomesco@bloomberg.net

To contact the editor responsible for this story: Ed Dufner at edufner@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.