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Workers at Caterpillar's (CAT +1.5%) Joliet, Ill., factory vote in favor of the company's new...

Workers at Caterpillar's (CAT +1.5%) Joliet, Ill., factory vote in favor of the company's new pay offer, a move that will end a strike lasting more than five months.
Comments (6)
  • phxcrane
    , contributor
    Comments (416) | Send Message
     
    I'm glad to see cooler heads prevailed. Also over 100 out of 840 already crossed the picket line.
    17 Aug 2012, 03:00 PM Reply Like
  • dana843
    , contributor
    Comments (7) | Send Message
     
    Maybe the workers finally realized that CAT could move the production operations to South Carolina or other friendly states that are NOT unionized. Take what you can get and be thankful!

     

    Now, if ILLINOIS would just show up to make doing business there worthwhile. That's potentially the next big shoe to drop.
    17 Aug 2012, 08:41 PM Reply Like
  • BruceInKY
    , contributor
    Comments (427) | Send Message
     
    Imagine giving the SEIU, AFSCME and AFL-CIO members that occupy our federal, state and municipal buildings a 5-month furlough and renegotiating those contracts!
    18 Aug 2012, 11:17 AM Reply Like
  • ChiefEngineer
    , contributor
    Comments (148) | Send Message
     
    At this time in our Nation's history, it is becoming increasingly obvious that public sector unions and private sector unions are not in anybody's interest, including of course the union members themselves. Look at the dynamic industries in non union states that maintain flexibility and connection to fundamentals that make the company want to expand and reward their workers.

     

    It's about having opportunity and having a job. In all right-to-work states, workers have a better macro climate, more mobility and choice. Companies want to make money. And when they do, they should share that with the workers; there has to be a concrete and empirical connection.

     

    BTW, I am a 27 year union retired member, AFL-CIO. The present model of unionism in the USA is outmoded and destructive to all. Better the Singapore model, based on consensus, realism, and fact.
    18 Aug 2012, 02:10 PM Reply Like
  • moneyTalksBSWalks
    , contributor
    Comments (193) | Send Message
     
    I'm really surprised that the 100 that crossed the picket lines survived intact in one piece.
    18 Aug 2012, 07:27 PM Reply Like
  • David INC.
    , contributor
    Comments (226) | Send Message
     
    Ya, I have a Seasonal union job with a Baseball Stadium food service. Pay is not competetive, It's a lot of fun!! Love that baseball!! The union does protect my position. My bills keep me showing up- I'm long Komatsu. Go Mariners.
    19 Aug 2012, 09:55 PM Reply Like
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