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xchrom

(108,903 posts)
Mon Jan 2, 2012, 11:51 AM Jan 2012

Caterpillar Locks Out Canadian Union Workers, Aims to Cut Wages In Half

http://wepartypatriots.com/wp/2012/01/02/caterpillar-locks-out-canadian-union-workers/

The Wall Street Journal has the scoop on Caterpillar, Inc. locking out union workers in Ontario, and even the conservative rag admits that the company’s behavior toward the workforce comes “despite a big recovery in earnings over the past two years.”

Caterpillar Inc. said Sunday it had locked union workers out of a train locomotive plant in London, Ontario, in a sign that the world’s largest maker of construction and mining equipment is prepared to get tough with workers despite a big recovery in earnings over the past two years.

Caterpillar said in a statement that workers would be barred from the Electro-Motive Canada plant until “a ratified contract is in place” for the workers, represented by the Canadian Auto Workers union. The most recent contract expired at the end of 2011, and the two sides have been unable to come to terms.

Caterpillar’s Electro-Motive Canada plant was acquired in 2010 as part of the $820 million purchase of Electro-Motive Diesel Inc., based in LaGrange, Ill.
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Caterpillar Locks Out Canadian Union Workers, Aims to Cut Wages In Half (Original Post) xchrom Jan 2012 OP
Shame on Caterpillar. From what I have heard, the CAW is very strong, so I'm hoping they can keep Brickbat Jan 2012 #1
the CAW bosses are collaborating with management. provis99 Jan 2012 #16
Fuck corporations!!! RKP5637 Jan 2012 #2
! City Lights Jan 2012 #8
Meanwhile Caterpillar Inc. Posts Impressive Earnings, Ichingcarpenter Jan 2012 #3
+1 xchrom Jan 2012 #4
Someone's got to pay for the CEO's huge compensation package. PA Democrat Jan 2012 #5
Boy, if that isn't a predictor of falling earnings, I don't know what is. Ikonoklast Jan 2012 #15
OFL: LABOUR PREPARES TO BAR SCABS FROM LONDON PLANT: MORE MILITANT DEFENCE OF GOOD JOBS COULD MEAN Brickbat Jan 2012 #6
Good, I'm glad to see this happening. How would workers negotiate with these RKP5637 Jan 2012 #9
In all fairness MakingSense Jan 2012 #17
Excellent summary! Thanks! Yes, it is job security that is of concern. RKP5637 Jan 2012 #20
I hope Catepillar, Inc. gets it ass handed to them on a platter. nt tsuki Jan 2012 #7
CAW is great... Spazito Jan 2012 #10
+1 xchrom Jan 2012 #11
Cut the boards pay too! Omaha Steve Jan 2012 #12
Caterpillar is a blue chip stock. provis99 Jan 2012 #13
May Caterpillar management and board members suffer the consequences LiberalFighter Jan 2012 #14
The United States' #1 export: union-busting n/t Earth_First Jan 2012 #18
K. & R., Solidarity forever! Rochester Jan 2012 #19
Fucking bosses. MilesColtrane Jan 2012 #21

Brickbat

(19,339 posts)
1. Shame on Caterpillar. From what I have heard, the CAW is very strong, so I'm hoping they can keep
Mon Jan 2, 2012, 11:55 AM
Jan 2012

the scabs out. K&R for Solidarity.

Ichingcarpenter

(36,988 posts)
3. Meanwhile Caterpillar Inc. Posts Impressive Earnings,
Mon Jan 2, 2012, 12:45 PM
Jan 2012

some of the best in the industry.
Without cutting pay.

typical.

PA Democrat

(13,225 posts)
5. Someone's got to pay for the CEO's huge compensation package.
Mon Jan 2, 2012, 12:57 PM
Jan 2012
http://abcnews.go.com/Business/wireStory?id=13387209

New Caterpillar CEO's Compensation Quadruples

Caterpillar Inc. quadrupled Doug Oberhelman's compensation last year when he was promoted to the top job at the world's largest maker of mining and construction equipment, but his $10.4 million compensation was less than half what the retiring chief executive received, according to an Associated Press review of a regulatory filing Friday.

Oberhelman became CEO last summer and added the chairman title in the fall after Jim Owens retired. Owens' compensation more than tripled in 2010 to $22.5 million, mostly because Caterpillar's board gave him a stock grant worth $16 million to thank him for his leadership.

Caterpillar's board said in documents filed with the Securities and Exchange Commission that the compensation both men received was warranted because of the company's performance and because Oberhelman took on much more responsibility.

Ikonoklast

(23,973 posts)
15. Boy, if that isn't a predictor of falling earnings, I don't know what is.
Mon Jan 2, 2012, 07:22 PM
Jan 2012

Huge Increase Of Base Pay + Huge Stock Options = CEO Who No Longer Gives Hoot, He's Set.

RKP5637

(67,107 posts)
9. Good, I'm glad to see this happening. How would workers negotiate with these
Mon Jan 2, 2012, 01:15 PM
Jan 2012

bastards without unions, HR? What a joke, HR was all we had. First out the door were those with good salaries and experience.

 

MakingSense

(32 posts)
17. In all fairness
Wed Jan 4, 2012, 04:25 AM
Jan 2012

It isn't negotiating that is the problem, people from all walks of life in every industry known to mankind negotiate their own compensation packages with their employeers. How do you think those CEOs get those golden parachutes or how technical experts manage to get additional vacation time or allowance for remote working.

What you are refering too is not negotiation it is job security which is an entirely different beast. I realize that this seems like it is just arguing semantics to some people but this error is actually a deeper problem than we often realize. One of the big problems union supporters have in swaying over the non-union workers is a lack of ability to communicate what purpose a union serves. The days of people needing unions to negotiate are long gone in the minds of skilled workers because these people are capable of doing their own negotiation. What they are not capable of doing is securing their position, that is where the unions come in. However that is not how unions are sold to the people. The discusion is always about the negotiation which skilled workers see as a worthless benefit.

Spazito

(50,327 posts)
10. CAW is great...
Mon Jan 2, 2012, 01:22 PM
Jan 2012

and I am glad to see the OFL mobilizing as well. The current government in Canada is far-right and would do whatever it could to support companies trying to break the unions. Here is some more info:


"The CAW has called for the federal government to disclose any commitments made during the 2010 purchase of Electro-Motive by Caterpillar under the Investment Canada Act.

snip

Ontario Federation of Labour president Sid Ryan said Ontario's labour movement is ready to mobilize to help the CAW stop scabs from crossing picket lines at the London plant.

"Workers across the province are angry and feel betrayed by their government and they are ready to fight together to defend good jobs," he said."

http://www.cbc.ca/news/canada/story/2012/01/02/end-lockout-london.html





 

provis99

(13,062 posts)
13. Caterpillar is a blue chip stock.
Mon Jan 2, 2012, 02:19 PM
Jan 2012

rich enough to hold one of the treasured 30 blue chip places on the Dow Industrial. they should be able to afford to pay their employees for the work that they do.

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