Business News • MarketWire • Tree Island and Union Local Sign Three Year Collective Agreement |
Tree Island and Union Local Sign Three Year Collective Agreement |
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Tree Island and Union Local Sign Three Year Collective Agreement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2012) - Tree Island Wire Income Fund ("Tree Island" or the "Fund") (TSX:TIL.UN) (TSX:TIL.DB) - Tree Island Wire Income Fund announced today that its operating company, Tree Island Industries Ltd. and Teamster Local 213 have successfully concluded a new three-year collective agreement. The agreement, which covers hourly employees at Tree Island's Richmond, BC manufacturing facility, was concluded after the unionized employees voted for ratification this past weekend. The new collective agreement is retroactive to July 1, 2012 and introduces, among other improvements, a new wage and benefits structure that will provide for a long term foundation of improved labour and productivity costs.
View More : http://www.marketwire.com/mw/release.do?id=1698993&sourceType=3
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