DETROIT – Valeo SA reaches an agreement with union members at its Rochester, NY, facility, ending several months of cantankerous negotiations and finger pointing by union and company leaders. The new pact was needed following last December’s bankruptcy filing by the company’s electrical systems unit, a move that voided an 8-year labor contract between Valeo and the union. Leaders of the International Union of Electronic, Salaried, Machine and Furniture Workers – Communication Workers of ...
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