(Thailand) Ltd. resumes operations its Rayong plant after settling a 10-day strike over bonus pay.
The strike began when several-hundred of the 800 members of the Workers Union of GM demanded a 5-month bonus and more freedom for the union to organize protests. The company offered a 1-month bonus.
The Nation newspaper says a company statement does not provide details of the settlement. A company spokesperson is quoted as saying both sides agreed to meet half way to reach a settlement.
“We are monitoring the situation very closely and are coming up with ways to minimize losses and disruptions for our suppliers, dealers and, most importantly, our customers," the spokesperson tells The Nation.
The plant can build 150,000 1-ton pickups and passenger cars annually, but output is expected to reach only 50,000 units this year.