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Non-Tech : General Electric (GE) -- Ignore unavailable to you. Want to Upgrade?

To: ima_posta2 who wrote (1333)	6/25/2000 3:40:00 PM
From: Captain Jack	Read Replies (2) \| Respond to of 3256

Now THIS could really put us in a buying mood! Jun. 24 (The Press-Enterprise/KRTBN)--ONTARIO, Calif.--Hundreds of local aircraft maintenance workers are vowing to go on strike next month if the parent company of GE Engine Services Inc. cannot resolve a contract dispute with union negotiators. GE Engine, a subsidiary of corporate giant General Electric Co., employs about 300 workers at its plant south of Ontario International Airport. Many of them picketed outside the plant Friday to bring attention to the labor dispute. General Electric's 38,000 unionized workers across the nation are demanding better job security and increased pension benefits. There are 14 unions participating in the negotiations and all of them are prepared to walk off the job, said local representative Tony Rubalcava. "We don't want to go on strike, but if there isn't an agreement, you could see a nationwide strike," said Rubalcava, an engine technician and vice president of the United Electrical, Radio and Machine Workers of America, Local 1010 in Ontario. "We just want a fair contract." A similar union protest was held in New York City on Friday outside the headquarters of the NBC television network, a GE division. The company has not had a nationwide strike since 1969. A three-year contract with the 14 unions expires at midnight on Sunday and all indications are that an agreement won't be reached by then, Rubalcava said. "We've been told the negotiations are going very slowly," he said. "GE doesn't want to give us anything." If the Sunday deadline is missed, Rubalcava said a strike vote could be taken within days and a walkout could begin as early as the first week of July. A company spokesman declined to discuss details of the contract dispute Friday, but expressed optimism that an agreement will be reached. "We don't talk about employee negotiations," GE spokesman Gary Sheffer said in a phone interview from New York. "But we are confident that we will reach a contract that's fair to our employees and protects the competitiveness of our businesses." GE has dozens of subsidiary operations, including aircraft engines, appliances, broadcasting and financial services. Last year, the company generated profit of $10.7 billion on revenue of $110.8 billion. In January, local union workers staged a similar march outside GE Engine Services to protest the layoff of more than 100 workers whose jobs were shifted to overseas operations. GE Engine performs maintenance and overhaul work on large jet engines for major airlines and cargo carriers. By Michael Utley