Avcorp Composite Fabrication Inc. and Union Reach Long Term Collective Agreement
- By Avcorp Industries
- •
- 30 Jun, 2016
June 30, 2016
VANCOUVER: Avcorp Composite Fabrication Inc. (ACF), located in Gardena, California (Avcorp Industries Inc. most recent acquisition) is pleased to announce that it has reached a Collective Bargaining Agreement with the Glass Molders and Plastics Union (GMP) Local 19 for a six (6) year labor contract.
The new agreement calls for wage increases of 1%, 2.25%, 2.25% and 2.75% in the first four years of the contract. Wage adjustments in year five and six will be reviewed by the Company and the Union at a future date. Through the course of collective bargaining, the Company and Union have agreed to mutually explore and ultimately implement High Performance Work Teams in selected areas of the operation. In addition, in order to accomplish best in class levels of performance, the agreement includes incentive compensation that arises from meeting Team performance targets.
Peter George, CEO of the Avcorp Group, commented, “This agreement is evidence of how committed ACF and the GMP Local 19 are to both our customers and our own success. We look forward to working together in our long standing positive relationship to achieve our performance targets, and to meet the expectations of all of the company’s stakeholders.”
VANCOUVER: Avcorp Composite Fabrication Inc. (ACF), located in Gardena, California (Avcorp Industries Inc. most recent acquisition) is pleased to announce that it has reached a Collective Bargaining Agreement with the Glass Molders and Plastics Union (GMP) Local 19 for a six (6) year labor contract.
The new agreement calls for wage increases of 1%, 2.25%, 2.25% and 2.75% in the first four years of the contract. Wage adjustments in year five and six will be reviewed by the Company and the Union at a future date. Through the course of collective bargaining, the Company and Union have agreed to mutually explore and ultimately implement High Performance Work Teams in selected areas of the operation. In addition, in order to accomplish best in class levels of performance, the agreement includes incentive compensation that arises from meeting Team performance targets.
Peter George, CEO of the Avcorp Group, commented, “This agreement is evidence of how committed ACF and the GMP Local 19 are to both our customers and our own success. We look forward to working together in our long standing positive relationship to achieve our performance targets, and to meet the expectations of all of the company’s stakeholders.”
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