Visteon Announces Completion of Supplemental Agreement Negotiations With UAW

Visteon Corporation announced a tentative agreement on a Visteon Supplemental Agreement with the United Auto Workers for future hires at its UAW Master Agreement facilities.

The seven-year agreement will allow Visteon to hire new workers at wage and benefit levels significantly below current Ford-UAW Master Agreement rates.

"We are pleased to reach an agreement that helps improve Visteon's competitive position and one that is fair to future UAW-represented employees," said Michael F. Johnston, Visteon chief operating officer and president. "Visteon is driven to deliver high-quality products to our customers at competitive prices. As a result of transitioning to a more competitive cost structure in our UAW facilities, we will be better positioned to compete for and win new business."

600450 Visteon Announces Completion of Supplemental Agreement Negotiations With UAW

See more news about:

Others also read

The glass sector has the increasingly widespread requirement of having an unlimited catalogue of parametric shapes and creating new ones in a simple way without being an expert in the field.
Shoaib Akhtar is going to be back on Indian TV screens. He is going to be featured in the new TV ad campaign for Asahi Glass.
Glass Confusion is starting the New Year with Beginning Fused Glass group classes. The three-week course will be held Wednesdays from 10 a.m. to 1 p.m. and again from 5 p.m. to 9 p.m.
Worldwide glass-substrate capacity is expected to continue to grow more than 40% each quarter through 2005, as a result of capacity expansion by existing glass-substrate suppliers and new companies joining the market, according to DisplaySearch.
Western Pennsylvania’s once-thriving glassmaking industry is dwindling, as did the domestic steel industry and for many of the same reasons: competition and cost.
Architects Robert and Esteve Terradas of Barcelona describe the city’s newly-renovated and expanded (45,000 m2) Science Museum (completed September 2004) as "a living museum that will set new standards in terms of transparency - a very modern construction that will enable the plants and animals inside to really live and breathe." The project was made possible by the use of an innovative grade of DuPont™ SentryGlas© Plus™ structural interlayer that is "UV-breathable, on the flat roof of an Amazonian rainforest exhibit".The UV-breathable 938 m2 laminated glass roof is rectangular in shape.

Add new comment