Friday, December 22, 2006

Goodyear, strikers reach tentative deal

Yahoo! News
We commented on this strike when it first happened. It has the potential to shut down the car companies, and therefore, many stampers. It seems to be resolved and, to the best of my knowledge, no stampers were closed as a result of it.

Goodyear Tire & Rubber Co. and a union representing about 12,600 active union workers in the United States tentatively agreed Friday to a contract that would end an 11-week strike over health care benefits and Goodyear's plan to close a tire factory in Texas.
[...]
The deal allows Akron-based Goodyear to stick with its plans to close the plant in Tyler, Texas, but not immediately. It provides for a one-year transition period during which workers can take retirement buyouts. The plant employs 1,100 workers.

Goodyear announced Oct. 30 that it was planning to shut down its unprofitable Tyler plant, which makes wholesale private label tires. The plant's fate had been a key difference in negotiations. But the union was unable to save the plant beyond the end of 2007.

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