Babcock & Wilcox Canada and United Steelworkers, Local 2859 Reach Three-Year Deal



    CAMBRIDGE, ON, June 23 /CNW/ - Babcock & Wilcox Canada Ltd. and the
United Steelworkers Local 2859 have successfully concluded negotiations to
renew their collective agreement more than two months ahead of the expiry
date.
    The union, which represents approximately 341 B&W employees in the
Cambridge facility, voted to ratify the new contract on Saturday, June 21,
2008. Terms of the deal include wage increases of 8.5 percent over a
three-year period, improvements to the pension plan and an increase to the
early retirement bridge.
    The new contract also includes a change to the standard hours of work
from a five-day/eight-hour/three-shift schedule to a
four-day/10-hour/two-shift schedule. A weekend shift, which is used to handle
peak workload periods, was expanded from a two-day to a three-day schedule.
    United Steelworkers Union President David Smith said "It is amazing what
you can accomplish when a good working relationship is created."
    "These negotiations were important and the successful conclusion
represents a significant achievement for our Cambridge location," said Mike
Lees, President of Babcock & Wilcox Canada.
    "With this contract in place, we can focus on executing our current
projects, meeting our schedule commitments and delivering the quality products
our customers demand," added Lees. "I want to thank both negotiating teams for
reaching this agreement."

    Babcock & Wilcox Canada is based in Cambridge, Ontario, and serves the
North American electric utility and industrial markets and the global nuclear
utility market.





For further information:

For further information: Media contact: Yvette Amor, M.E.S. Manager,
Public Relations & Communications, Babcock & Wilcox Canada, Cambridge,
Ontario, N1R 5V3, Telephone (519) 621-2120, extension 2416, yamor@babcock.com

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