Source:
NY TimesBy STEVEN GREENHOUSE
Dr Pepper Snapple and the union representing 300 workers at the Mott’s apple juice plant in Williamson, N.Y., announced a settlement late Monday that ends a 16-week strike and includes a wage freeze, but not the pay cuts the company had demanded.
In the three-year deal, the Retail, Wholesale and Department Store Union persuaded the company to drop its demand to freeze pensions for current workers, although newly hired workers will not have pensions, but 401(k) plans.
The workers at the plant, 25 miles east of Rochester, walked out on May 23, insisting that Mott’s parent company, Dr Pepper Snapple, was unfair to demand a $1.50-an-hour pay cut when it had reported record profits of $555 million last year.
The company asserted that its wage demands were a justifiable strategy to increase competitiveness, saying the plant’s workers averaged $21 an hour while other food industry workers in the area averaged $14.
Read more:
http://www.nytimes.com/2010/09/14/business/14mott.html?src=busln
The first news I saw when I got up this morning. :-)