Navistar International Corp.’s Chatham, Ont., Canada, heavy-truck plant has been saved thanks to worker approval of a labor plan to keep it open. More than 90% of members of the Canadian Auto Workers union at Chatham OK’d a proposal to keep the plant producing at least 35 trucks daily through January 2007. After that period the company and union will once again negotiate the plant’s fate, says Reuters. The plan, which includes secure pensions, buyouts and retirement incentives, still ...
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