Vale-Steelworkers Talks Break-Off in Voisey's Bay

GOOSE BAY, NL, July 20 /CNW/ - Talks between United Steelworkers Local 9508 and Vale broke off at 4:00 pm today.

"This company appears not to be serious about striking a deal," said Boyd Bussey, United Steelworkers Staff Representative. "Vale is offering a lesser bonus system than the one given to Sudbury Local 6500 just two weeks ago."

"The proposed bonus system is unacceptable. It's based entirely on incentives rather than the present one based solely on the average realized price of nickel or the profitability of the company. The Sudbury bonus has a nickel component and a world wide company profitability components," said Bussey.

"The company has also refused to discuss other outstanding issues on the table until the union agrees to the new bonus system," emphasized Bussey.

"We need to see a serious effort on Vale's part, if negotiations are to succeed."

SOURCE United Steelworkers (USW)

For further information: For further information: Boyd Bussey, United Steelworkers, 709-753-0864, 709-727-8632 (cell)

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890