Allison Transmission workers approve labor contracts
More than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
More than 1,500 hourly workers in Indianapolis ratified new five-year contracts, the automotive supplier announced Thursday.
Members of United Auto Workers Local 933, which represents roughly 1,500 hourly workers, could declare a strike if negotiators do not reach an agreement with Allison Transmission by a Wednesday deadline.
A Hostess spokesman said the company is debating whether it will close its Indiana plants after workers went on strike on Friday. Hostess employs about 875 workers in Indiana, including 288 in Indianapolis.
The Indianapolis Symphony Orchestra has until Feb. 3, 2013, to collect $5 million—almost as much as it typically raises in a full year–or its five-year agreement with its musicians that’s set to kick in the following day will be nullified.
The Indianapolis Symphony Orchestra’s decision to cancel the first two weeks of its season and lock out musicians could carry long-term risks in alienating subscribers and donors, observers say.
Even if the Indianapolis Symphony Orchestra’s management and musicians overcome gaping differences and reach a contract agreement, industry experts say disconcerting questions will continue to hang over the organization.
Vectren has locked out 270 union workers at several Indiana worksites after the union rejected a proposed three-year-contract.
Sports business experts with knowledge of the new collective bargaining agreement expected to be ratified by NBA owners and players this week think it will push the Indiana Pacers toward breaking even but won’t ensure the team’s long-term profitability.
The new four-year contract, which still must be ratified by workers, would create 2,100 jobs. Chrysler also agreed to invest $4.5 billion in its plants under the deal. Last year, the automaker announced plans to spend nearly $1.3 billion to update its facilities in Kokomo.
The decision has little impact on the thousands of Indiana GM and Chrysler workers. As part of 2009 government bailouts, the two firms and their workers had to agree not to strike over wages.
Competition from a new, state-of-the-art Rolls-Royce factory in Virginia drove contract talks in Indianapolis between the company and a union representing 1,700 of its workers here.
The NFL and the players' union decided Thursday to keep the current collective bargaining agreement in place for an additional 24 hours so that negotiations can continue.
The worst case scenario — no season — would mean the city of Indianapolis sustaining the most expensive hit in league history.
JD Norman Industries advertisement tells employees that its proposal to buy the plant would guarantee
their GM transfer rights without having to close the facility.
Colts owner Jim Irsay wants to make quarterback Peyton Manning the highest-paid player in the NFL when his contract expires next year. But a dispute over compensation in the National Football League is complicating efforts to sign him to a long-term deal.
Aluminum giant Alcoa Inc. reached a tentative agreement on a new contract with its largest union Tuesday. It still must be ratified by union members in Indiana and seven other states.
Indianapolis Symphony Orchestra musicians will take a 12-percent pay cut this year, saving the cash-strapped organization
$4 million. Management-side salary reductions should save another $2 million.
Indianapolis Symphony Orchestra musicians and librarians unanimously rejected a new contract offer, suggesting they might
not easily accept the same deep pay cuts seen at major orchestras around the country.
Union members have approved a new contract that ends a strike by more than 700 workers at a Bemis Co. plant in Terre Haute
after 40 days.
The Indianapolis Newspaper Guild voted 56-45 today to ratify a new, two-year contract with the Gannett Co.-owned Indianapolis
Star
that includes a 10-percent pay cut and two-year wage freeze.