Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAn auto parts manufacturer in Columbus will continue operating after union members overwhelmingly voted yesterday to accept wage cuts and changes to insurance and retirement benefits.
Columbus Components Group, which operates a former Arvin Industries plant, notified its 400 workers Feb. 9 that the company would close as early as March 1, unless they agreed to a 5-percent pay cut, among other concessions.
The company already had laid off about 60 workers for one to two months in a cost-cutting move, but is struggling to make ends meet amid an economy hammered by extremely low auto sales. The plant stamps parts for automotive companies, including Cummins Inc.
Calls this morning to the company and to the International Brotherhood of Electrical Workers Local 1424, which represents the workers, were not returned.
Please enable JavaScript to view this content.