Talks resume in American Axle strike against GM
Six-week strike has slowed, stopped production at 30 plants
Face-to-face negotiations resumed this week as the two sides try to deal with issues of wage and benefit concessions sought by American Axle management. The company claims wages and benefits Reuters News story.
The Buffalo News reports the strike’s impact has been significant on workers in that region. With an inventory backlog, GM hasn’t had to worry about being able to deliver cars and trucks, but if the strike stretches much loonger, its poipular Chevy Malibu model may run short on inventory.
On Monday, American Axle CEO and chairman Richard Dauch and UAW president Ron Gettelfinger met privately.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey