"That's a very good number," he said. "We were successful in negotiating a positive collective agreement."
He says the three-year deal includes a 25-cent per hour raise for all employees and an additional 27 cents for employees in certain areas of the plant.
He said the deal also includes $5 million in capital spending over the length of the contract and some senior employees at the plant have been offered buyouts - $1,500 for every year at the plant to a maximum of $40,000. He added that they also received improvements to the life insurance plan.
DelPiero said they also have a graduated hiring system. All new employees will start at $12 per hour and will stay at that rate for 72 months, at which time they will receive the standard wage and benefits. He said before any new people are hired, the current workers who are laid off must be called back.
"This is not a two-tier system," he said.
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