Toronto, ON/Kitchener, ON, Jan. 25 /CNW/ - CAW members at Ledco Limited
tool and die facility in Kitchener have taken over their plant this morning
after the company filed bankruptcy last night.
The CAW has been told the workers will not get their much deserved
severance pay for their service. The union will continue to occupy the plant
until the company agrees to pay the severance.
On Wednesday, the workers, represented by CAW Local 1524, were told that
the plant would be closing - immediately - and were put out of work.
The company has said that the 62 per cent increase in the Canadian dollar
in the last four years has made them unable to compete and put them out of
For further information:
For further information: please call Assistant to CAW National President
Jerry Dias, (cell) (416) 315-1576 (on-site), or CAW Communications, Shannon
Devine, (cell) (416) 302-1699