Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Union employees ratify new contract at Radford arsenal  Join our daily free Newsletter

MENAFN - - 10/6/2012 3:17:35 AM

Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story.aspx%3fstoryid%3d0a770fa8-8236-44bc-8304-bd6baf93dc13%26src%3dmain Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story.aspx%3fstoryid%3d0a770fa8-8236-44bc-8304-bd6baf93dc13%26src%3dmain Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


Union employees ratify new contract at Radford arsenal

Oct 06, 2012 (Menafn - The Roanoke Times - McClatchy-Tribune Information Services via COMTEX) --Union workers at the Radford Army Ammunition Plant will get raises and a cap on health insurance premium increases under a new, three-year contract, a union official said.

A contract proposal recently negotiated by the United Steelworkers Local 8-495 and contractor BAE Systems Inc. was adopted by a 2-to-1 margin in voting Thursday, said David Harrell, vice president of the union, on Friday.

The workers, who earn 19 to 26 hourly, will receive raises of 50 cents per hour on Monday, 52 cents per hour in the second year and 52 cents per hour in the third year, Harrell said.

About 45 workers throughout the plant will receive an additional 50 cents hourly due to creation of new job titles and new equipment, Harrell said.

In addition, the contract will limit increases in health insurance premiums to no more than 8 a year for single-employee enrollees and 20 a year for family-plan enrollees, Harrell said. BAE Systems will assume responsibility for any additional money due to maintain employees' insurance coverage, Harrell said.

The new contract is the first between the union at the government-owned propellant facility and BAE, which just completed 90 days as the facility's contract operator. BAE employs between 450 and 500 union-represented workers, according to Robert Stoots, president of USW Local 8-495.

BAE said it is pleased by the new contract and that the company and union had constructive, professional contract talks.

"We look forward to continuing that relationship," said a statement from company spokesman Neil Franz. "The highly skilled employees at Radford are critical to the plant's success in meeting customer needs and helping to protect the nation."

___ (c)2012 The Roanoke Times (Roanoke, Va.) Visit The Roanoke Times (Roanoke,
Va.) at www.roanoke.com Distributed by MCT Information Services


 






International Provider
May 22, 2013 Indo-Japan N-deal awaits July polls results, McClatchy-Tribune Information Services -- Unrestricted
May 22, 2013 China-Pak relations 'higher than mountain, deeper than ocean', McClatchy-Tribune Information Services -- Unrestricted
May 22, 2013 A leader needs to walk the talk, McClatchy-Tribune Information Services -- Unrestricted
May 22, 2013 Steps to boost foreign investment coming soon, McClatchy-Tribune Information Services -- Unrestricted
May 22, 2013 I was ordained a monk at 10: Kabir Bedi, McClatchy-Tribune Information Services -- Unrestricted
May 22, 2013 Lima Ford reduces summer shutdown to meet demand, McClatchy-Tribune Information Services -- Unrestricted
May 22, 2013 Australian Private Equity Posts Steady Gains in 2012, Marketwire
May 22, 2013 Tesla Motors pays off $452 million owed to U.S. government, United Press International
May 22, 2013 New GCC tobacco tax could fuel growth of illicit trade, McClatchy-Tribune Information Services -- Unrestricted
May 22, 2013 Washington Co., Va., vets being honored in annual Run to the Wall, McClatchy-Tribune Information Services -- Unrestricted
more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help