TORONTO, June 19 /CNW/ - CAW Local 462 has set a strike deadline with
Abbott Laboratories in Brockville, Ontario of Monday, June 22nd at 12:01 a.m.
in opposition to company demands for concessions.
The employer is attacking retiree benefits, seniority and premium pay for
work on Sundays covering the 81 CAW members who work at the plant, which makes
baby formula and nutritional products, said CAW Eastern Ontario director Harry
On June 12, the board of directors of this multinational corporation
declared a quarterly dividend marking the 342nd consecutive quarterly dividend
paid by Abbott since 1924. The company was also again named to the Fortune 40:
Best stocks to retire on.
"It's shocking that such a successful corporation that has looked after
shareholders so well would attack their employees and retirees with
concessionary demands," said Ghadban.
Earlier in May, Abbott workers voted 96 per cent in favour of strike
action if necessary.
The two sides have been in negotiations since March.
For further information:
For further information: CAW director Harry Ghadban, cell, (613)
769-7844; or CAW Local 462 President, Charles Redden, cell, (613) 222-0580