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« R.I. building permits jump in first quarter | Today | WaterFire begins anew May 13 » May 5, 2006Electric Boat designers' union inks dealNEW LONDON, Conn. -- Submarine builder Electric Boat agreed to a four-year contract with its unionized designers earlier today, a deal the company said provides union stability as it seeks work on the next generation of nuclear subs. The deal covers about 1,500 members of the Marine Draftsman Association, which represents designers, draftsmen and technicians. Electric Boat, a division of General Dynamics Corp., is suffering from a slow pace of submarine work. In December, the company announced plans to eliminate up to 2,400 jobs this year. Today's deal allows the company and its congressional allies to lobby for a faster submarine construction schedule without the threat of labor disputes hanging over EB. Unlike past contracting slumps, there is no next-generation submarine being designed to offer hope of a future boom. "We're going to have to be scrambling to find work for this part of our work force and they've agreed to work with us to go get it," company spokesman Robert Hamilton said. The deal includes a $1,000 signing bonus, 3-percent annual raises and increases in the pension, Hamilton said. -- The Associated Press Posted by Steve Peoples CommentsPost a commentPlease be civil. Vicious comments, personal attacks and profanity won't be published. Name and email are required; email address will not publish. |
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ProJo 9 to 5 News Blog
Oct 2005 - March 2006