January 23, 200619 yr Author From the 1/22/06 PD: Will Ohio be spared? On Monday, Ford Sunday, January 22, 2006 Christopher Jensen Plain Dealer Auto Editor For Ford workers, January is becoming a cruel, cold month. Monday morning, for the second time in four years, Ford Motor Co. plants throughout North America will shut down so workers can learn their fates by watching a company broadcast from headquarters in Michigan. It is part of yet another plan to try to restore Ford’s profitability... To reach this Plain Dealer reporter: [email protected], 216-999-4830 http://www.cleveland.com/business/plaindealer/index.ssf?/base/business/1130936183175740.xml&coll=2
January 23, 200619 yr my brother works at Sharonville transmission plant, feels relatively secure. I believe they are the only plant producing certain parts (some of which go to Mexico, and that appears to be closing, so WHO KNOWS). They, like the airline industry, have massive and growing pensions to pay. I am very concerned that these retirees are going to be shafted at some point. I rode in a hybrid Toyota Highlander last night. The technology was stunning. Take all these guys and build a massive mass transit system (pipe dream)
January 23, 200619 yr Clermont County transmission plant part of Ford cuts CINCINNATI (AP) -- A Ford transmission plant east of Cincinnati is being idled as part of the automaker's restructuring plan. The factory in Batavia has more than 1,700 employees and has been open since 1980. Ford announced this morning that it will idle a total of 14 facilities by 2012 as part of a restructuring designed to reverse billions of dollars in losses in North America. As many as 35,000 jobs will be cut under what the car company is calling its "Way Forward" plan. Batavia, in Clermont County, is about 18 miles from Cincinnati. http://www.wkyc.com/news/news_article.aspx?storyid=46585
January 23, 200619 yr Jan 23, 11:24 AM EST Ford to Cut 25,000 to 30,000 Jobs by 2012 By DEE-ANN DURBIN AP Auto Writer DEARBORN, Mich. (AP) -- Ford Motor Co., the nation's second-largest automaker, said Monday that it will cut 25,000 to 30,000 jobs and idle 14 facilities by 2012 as part of a restructuring designed to reverse a $1.6 billion loss last year in its North American operations. The cuts represent 20 percent to 25 percent of Ford's North American work force of 122,000 people. Ford has approximately 87,000 hourly workers and 35,000 salaried workers in the region. Ford shares rose 68 cents, or 8.6 percent, to $8.58 in morning trading on the New York Stock Exchange.... http://hosted.ap.org/dynamic/stories/F/FORD_RESTRUCTURING?SITE=OHCOL&SECTION=HOME
January 23, 200619 yr My friend works at that Batavia plant. I think he knew it was coming. He was wanting to invest in my business just this past week. I guess the pink slips will happen over time. It could be today or anytime until 2008 when he knows when he'll be gone.
January 24, 200619 yr Author This is indeed bad news for Batavia. The Ford plant was Clermont County's top employer. This could also have implications on the Sharonville plant, as some of the union workers at Batavia with seniority might take new jobs at Sharonville. Here's more detail on the Batavia closing: Ford to close Batavia plant 1,800 jobs lost by 2008 By Mike Boyer Enquirer staff writer Ford Motor Co.’s Batavia transmission plant, employing 1,800, will be shut down in the third quarter of 2008 as part of a massive restructuring announced this morning by the nation’s second-largest automaker. In addition, Ford said it will idle 14 other manufacturing plants, cutting employment by up to 30,000 by 2012. The 1.8 million-square-foot Batavia plant, opened in 1980, makes front-wheel drive transmissions for the Ford Escape, Mercury Mariner and Mazda Tribute as well as new continuously variable transmissions for the Ford Freesytle, Ford 500 and Mercury Montego.... http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060123/BIZ01/60123005/-1/rss
January 24, 200619 yr I work in Dearborn, and FWHQ is across the street. There was an erie feeling today throughout the city. They had a helicopter circling the entire area around the headquarters for practically the whole day.
January 24, 200619 yr This reply may seem a little immature: My first car was a 1987 Honda Accord, after that I never looked back. I am now on my 4th Honda, which is a Honda Accord EX. For you Honda owners, you know where I am coming from - they are indestructible. Well I did make my transmission go out in my old Civic when I got caught on a snowplow pile trying to rock it off.
January 25, 200619 yr Author From the 1/24/06 Enquirer: Photos not working at this time. Please visit story link for photos. Ford cutbacks strike home 'It Tears My Heart Out' - Sharonville plant workers may be affected BY MIKE BOYER AND ALEXANDER COOLIDGE | ENQUIRER STAFF WRITERS Ford Motor Co. dealt a potential $100 million blow to the regional economy Monday, announcing that it will close its transmissions plant in Batavia Township and eliminate 1,745 local jobs as part of a companywide cost-cutting. The 1.8 million-square-foot Batavia plant, which opened in 1980, will close in summer 2008. Hourly workers, represented by the United Auto Workers, will be entitled to supplemental unemployment benefits paying up to 90 percent of their previous pay for a time specified under their labor contract. Ford plans to eliminate 30,000 jobs in all.... E-mail [email protected] http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060124/BIZ01/601240331/1076/rss01
January 25, 200619 yr Author From the 1/24/06 Enquirer: Photos not working at this time. Please visit story links for photos. Young workers hard hit Seniority shelters some employees BY MIKE BOYER AND STEVE KEMME | ENQUIRER STAFF WRITERS Monday's announcement that Ford Motor Co. will close its sprawling Batavia Township transmission plant leaves some workers with options, but for others, the future is less certain. Under the United Auto Workers contract with Ford, workers with high seniority might elect to transfer to other Ford plants - potentially displacing some employees with little seniority at the company's plant in Sharonville.... E-mail [email protected] or [email protected] http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060124/BIZ01/601240332/1076/rss01 From same: Photos not working at this time. Please visit story links for photos. Closing could hit schools Ripple effects also will be felt by public services, private business BY CLIFF PEALE | ENQUIRER STAFF WRITER The closing of the Ford Motor Co. plant in Batavia Township will hit not only laid-off workers but students, teachers and ambulance services as well. Annual payments of more than $1.5 million from Ford last year totaled more than 10 percent of the annual operating budget at Batavia Local School District, Superintendent Barbara Bradley said... Enquirer staff writer Mike Boyer contributed. E-mail [email protected] http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060124/BIZ01/601240330/1002/rss01
January 25, 200619 yr Author Let's not forget about the rest of Ohio! From the 1/24/06 Akron Beacon Journal: Region escapes closings by Ford Southwest Ohio plant among 14 to shut down. Fallout may hit suppliers From staff and wire reports DEARBORN, MICH. - Northeast Ohio should escape the harshest strokes in Ford Motor Co.'s plan to cut as many as 30,000 jobs and close 14 plants. The sweeping restructuring the nation's second-biggest automaker announced Monday is intended to tackle declining market share and rising costs that led to hefty losses in its North American operations.... The only Ohio plant directly affected is in Batavia, where Ford said more than 1,700 people will lose their jobs by 2008. The automaker employs about 11,000 people at its seven other Ohio facilities. Beacon Journal business reporters Jim Mackinnon and Candace Goforth contributed to this article. http://www.ohio.com/mld/ohio/business/13697769.htm?source=rss&channel=ohio_business Ford plants in Ohio • Engine Plant 1, Cleveland, 912 employees. • Engine Plant 2, Brook Park, 1,184 employees. • Walton Hills Stamping Plant, Cuyahoga County, 889 employees. • Ohio Assembly Plant, Avon Lake, 1,922 employees. • Batavia Transmission LLC, Batavia, 1,745 employees. • Lima Engine Plant, Lima, 1,180 employees. • Maumee Stamping Plant, 721 employees. • Sharonville Transmission Plant, 1,859 employees. http://www.ohio.com/mld/ohio/business/13697718.htm?source=rss&channel=ohio_business
January 27, 200619 yr Author From the 1/25/06 Enquirer: PHOTO: Gary Niebling, at Ford's transmission plant in Sharonville, places a completed 4R70W transmission onto a pallet. Workers there are concerned about ripple effects from the Batavia plant's closing. Enquirer File/Glenn Hartong Local Ford workers on edge Sharonville spared so far, but mood far from upbeat BY MIKE BOYER | ENQUIRER STAFF WRITER SHARONVILLE - Workers at Ford Motor Co.'s transmission plant here were spared in the initial round of plant closings by the automaker, but their grim mood Tuesday was similar to that of workers at their sister plant in Batavia that's shutting down. Because hourly employees at both plants are represented by the same union, United Auto Workers Local 863, workers with job seniority have been able to transfer from one plant to another when job openings occur - "bumping" less senior workers from jobs... E-mail [email protected] http://news.cincinnati.com From the 1/25/06 Enquirer: Clermont officials confident Groundwork already in place to counteract Ford plant's closing BY STEVE KEMME | ENQUIRER STAFF WRITER BATAVIA - On the day after the Ford Motor Co. announced it would close its transmission plant in Batavia Township in 2008, Clermont County officials said the loss of 1,745 jobs will hurt but not cripple the county. "We have in place a strong infrastructure and organization for economic development in Clermont County," Commissioner Scott Croswell said. "Clermont County will prosper over the next 10 years." Long before rumors surfaced about the Ford plant's closing, county commissioners established a policy that stressed the importance of a diversified economy, said Andy Kuchta, Clermont's economic development director... E-mail [email protected] http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060125/NEWS01/601250343/1076/rss01
January 27, 200619 yr why didn't they just negotiate with the unions to lower their wages, before just closing all the plants?
January 27, 200619 yr why didn't they just negotiate with the unions to lower their wages, before just closing all the plants? It's not just a wage issue; it's an excess capacity issue. They have too much production capacity for the number of vehicles they can produce and actually sell.
January 27, 200619 yr why didn't they just negotiate with the unions to lower their wages, before just closing all the plants? And how do you start doing that? Pretty soon every company will be claiming that they plan to close their plants just to renegotiate the contracts lower. If there was a way to ensure they would move to China otherwise, then you'd have something.
January 27, 200619 yr Well the companies that are in trouble would do it anyway if they go bankrupt which Ford is trying to avoid.. Trust me i would accepted 60k from an 80k job instead of losing it all, but hey they chose to Cancel production instead of slowing it down. So they will not be bring them products back ever.I have no idea why these companies wait until the last minute to do somethign drastic. they could have phased out one plant at a time and hope sales improve, but not they will close 14 at one time. They know they lost thier market share to Toyota ,because they make chity products. And the american people will not stand for it.
January 28, 200619 yr American car companies are in trouble. I am a Chevy owner and am still waiting for the next replacement of my vehicle. Where is it Chevy? There is nothing, the new Impala is a tired look, the new Monte is a joke. Right now the only GM product under $26K that catches my interest is a Saab 9-3 and it is made in Europe. The cars have become reliable but the designers are always behind the trends.
January 28, 200619 yr Right now the only GM product under $26K that catches my interest is a Saab 9-3 and it is made in Europe. Yeah, and good luck finding one at that price. I went to the North American International Auto Show last weekend. The only new non-truck Chevy product was the Camero concept. Actually, GM didn't have much that was new. Ford and DCX seem to be in a better position. Ford has been putting a lot of new stuff out there; not all of it is great. Ford and GM's main problem is there is little distinction between cars/product lines. You basically have the Ford Fusion, Mercury Milan and Lincoln Zephyr which are all the same cars. At least with Mazda and Volvo, the cars don't look anyhting like the three other product lines.
January 28, 200619 yr Right now the only GM product under $26K that catches my interest is a Saab 9-3 and it is made in Europe. Yeah, and good luck finding one at that price. http://www.saabusa.com/ A Saab 9-3 Sports Sedan starts at $26,620 and that is before GM rebates. I like the CTS but I am not paying $30K for a car, let alone one that gets 17 mpg.
February 4, 200619 yr Author From the 2/4/06 PD: GM to cut 100 jobs at Parma operation Saturday, February 04, 2006 Christopher Jensen Plain Dealer Auto Editor About 100 hourly jobs at General Motors Corp.'s Parma Metal Center will be eliminated, GM spokesman David Nedrich said Friday. The cuts are related to GM's plan, announced in November, to close seven assembly plants by the end of 2008. ... To reach this Plain Dealer reporter: [email protected], 216-999-4830 http://www.cleveland.com/business/plaindealer/index.ssf?/base/business/1139046347261880.xml&coll=2
February 6, 200619 yr My dad works at the GM Mansfield facility. As of right now, things are pretty safe in Richland County......but one never knows what the next day will bring........
February 8, 200619 yr I'd say this is pretty generous. . . . Ford offers $100,000 buyouts Some factory workers could get payouts in exchange for giving up all benefits except pensions. Bryce G. Hoffman / The Detroit News Ford Motor Co. is preparing an array of severance packages -- including a $100,000 one-time payout -- for workers whose plants are slated to close as part of the automaker's massive new restructuring plan, according to company officials. Workers from Wixom to St. Louis to Atlanta have been anxiously awaiting details of the incentive packages since Ford announced last month it will close 14 plants and cut 30,000 hourly jobs over the next six years... You can reach Bryce Hoffman at (313) 222-2443 or [email protected]. http://www.detnews.com
February 11, 200619 yr Author From the 2/11/06 Enquirer: Area braces for losing Ford One plan: Persuade automaker to keep plant open BY STEVE KEMME | ENQUIRER STAFF WRITER BATAVIA - A group that includes Clermont County commissioners, economic development experts, business leaders, United Auto Workers representatives, state political leaders and local educators is fashioning a three-pronged approach to the planned closing of Ford Motor Co.'s Batavia transmission plant. The group, which met Friday, organized three subcommittees in reaction to Ford's decision, announced Jan. 23, to close the plant in 2008, eliminating 1,745 jobs. The plant closing is part of a company wide cost-cutting plan that will eliminate 30,000 jobs... E-mail [email protected] http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060211/NEWS01/602110348/1056/rss02
February 12, 200619 yr Author Because they've done such a wonderful job.... :x Delphi execs' bonuses OK'd Decision not likely to sit well with union members By Michael J. Martinez Associated Press NEW YORK | A federal bankruptcy court judge Friday approved Delphi Corp.'s plan to re-institute a bonus program for its top executives despite criticism from the bankrupt auto parts maker's creditors and the unions that are fighting job cuts. U.S. Bankruptcy Judge Robert Drain approved up to $21 million to the company's executives in a six-month incentive plan, one of two bonus programs that were dropped when the company filed for protection in October. A longer-term incentive plan remains shut down. ... http://www.daytondailynews.com/business/content/business/daily/0211delphi.html
February 13, 200619 yr I wish them luck. St. Louis was able to do this with the Hazelwood plant but that only kept them going for a few years longer, it is on the short list for closures now.
February 15, 200619 yr Author From the 2/13/06 Dayton Business Journal: Delphi strike looms as negotiations drag on Local suppliers may be insulated already Tracy Kershaw-Staley DBJ Staff Reporter Delphi Corp. workers could find out as soon as Feb. 17 if they'll be heading to the picket line. The possibility of a strike has increased as the deadline approaches. It's the earliest date Delphi could ask a court to throw out union contracts, freeing the company to set the wages and benefits it pleases and possibly prompting workers to strike. ... E-mail [email protected]. Call 222-6900, ext. 116. http://dayton.bizjournals.com/dayton/stories/2006/02/13/story7.html
February 16, 200619 yr Author From the 2/15/06 Dayton Daily News: Delphi union asks workers to vote on whether to strike By John Nolan Dayton Daily News DAYTON | With Delphi Corp. poised to ask a bankruptcy judge as soon as Friday to throw out the company's contracts with its labor unions, a major Delphi union has asked its local affiliates to vote on whether to strike. The International Union of Electronic Workers-Communications Workers of America made the request because Delphi has not had any negotiations with the IUE-CWA on the company's desire for new lower-cost contracts, union leader Henry Reichard said Tuesday. ... Contact John Nolan at 225-2242. http://www.daytondailynews.com/business/content/business/daily/0215iue.html
February 16, 200619 yr Man i find it funny that these guys risk losing everything if they stike and the company goes under. Unions are something else i tell ya.
February 18, 200619 yr Author From the 2/17/06 Dayton Daily News: Delphi: Deal by March 30, or else By John Nolan Dayton Daily News DAYTON | Delphi Corp. today extended by six weeks its deadline for reaching new, lower-cost labor contracts with its unions, but strongly suggested that this extension will be the last one before the issue winds up in U.S. Bankruptcy Court. The new deadline for reaching agreement is March 30. ... Contact John Nolan at (937) 225-2242. http://www.daytondailynews.com/business/content/business/daily/0217delphiweb.html
February 19, 200619 yr Author From the AP, 2/18/06: GM plant’s future in question Saturday, February 18, 2006 DAYTON (AP) — General Motors Corp.’s assembly plant in suburban Moraine will have to become more competitive in producing vehicles or compete with other GM plants for new vehicles after 2008, the automaker said yesterday, raising questions about the plant’s future. About 4,150 workers are employed at the plant, which produces the Buick Rainier, GMC Envoy, Chevrolet Trailblazer, Saab 9-7X and Isuzu Ascender. ... http://www.dispatch.com/business-story.php?story=dispatch/2006/02/18/20060218-B2-01.html
February 19, 200619 yr Author From the 2/18/06 Dayton Daily News: Delphi extends pact deadline By John Nolan Dayton Daily News What happened: Delphi Corp. on Friday extended by six weeks its deadline for reaching new, lower-cost labor contracts with its unions. The new deadline for reaching an agreement is March 30. What this means: If all parties can't reach a deal by then, Delphi said it will ask the U.S. Bankruptcy Court "no later than" March 31 to allow Delphi to reject its union contracts and terminate post-retirement health- care plans and life insurance for hourly employees. ... http://www.daytondailynews.com/business/content/business/daily/0218delphia1.html From the 2/18/06 Dayton Daily News: Lawmakers ask Delphi to delay bonus Payout to execs called inappropriate in face of cuts By John Nolan Dayton Daily News DAYTON | Two state legislators have asked Delphi Corp. not to distribute cash bonuses to its executives from a court-approved compensation program, saying it is inappropriate when the company is asking union hourly workers to accept pay cuts. "We write today imploring you and Delphi's executives to reject any distribution of these bonuses during this tremendously turbulent time for the company and its front-line workers," state Sens. Robert Hagan and Marc Dann wrote to Robert S. Miller Jr., Delphi's chairman and chief executive officer. ... http://www.daytondailynews.com/business/content/business/daily/0218delphiside.html
February 21, 200619 yr Author No shocker. From the 2/21/06 Dayton Daily News: GM will end third shift at Moraine plant in July By John Nolan Dayton Daily News MORAINE | General Motors Corp. says it will eliminate its overnight production shift at the Moraine Assembly plant this summer, wiping out about 1,150 jobs at the sport utility vehicle factory. That will include hourly and salaried employees who comprise nearly one-third of the Moraine plant's current work force of 4,100, plant spokeswoman Jessica Peck said today. ... Contact John Nolan at (937) 225-2242. http://www.daytondailynews.com/business/content/business/daily/0221gmmoraineweb.html
February 23, 200619 yr Author From the 2/22/06 Dayton Daily News: GM sets date for Moraine job cuts Union in talks to get work at plant post-2008 By John Nolan Dayton Daily News MORAINE | Tuesday was stressful for members and leaders of Local 798 of the International Union of Electronic Workers-Communications Workers of America. The union represents hourly workers at the General Motors Corp. Moraine Assembly plant. GM said Tuesday it will eliminate its overnight production shift at the plant July 17, wiping out about 1,150 hourly and salaried jobs. The plant employs about 4,100. ... Contact John Nolan at (937) 225-2242. http://www.daytondailynews.com/business/content/business/daily/0222gmmoraineseg.html From same: Moraine officials believe plant will survive downturn Revenue from GM is 30 percent of city's budget By John Nolan Dayton Daily News MORAINE | Tax revenue from General Motors Corp. accounts for 30 percent of the city's annual operating budget of $18 million. So, even though city officials have known since November that GM planned sometime in 2006 to eliminate one of three shifts at its Moraine Assembly plant, the news on Tuesday that the third shift will end this summer came as a blow. ... Contact John Nolan at (937) 225-2242. http://www.daytondailynews.com/business/content/business/daily/0222gmmorainecity.html
February 25, 200619 yr Author From the 2/24/06 Dayton Daily News: Delphi strike is now an option Union leaders given permission if labor contract cancelled By John Nolan Dayton Daily News KETTERING | Union members at Delphi Corp.'s Kettering shock absorbers plant voted Thursday to authorize union leaders to call a strike if Delphi obtains court approval to cancel the current labor contract. "Our contract contains a no-strike provision. If the contract is gone, the no-strike provision is gone," said Keith Bailey, shop chairman of Local 755 of the International Union of Electronic Workers-Communications Workers of America. ... http://www.daytondailynews.com/business/content/business/daily/0224delphi.html
February 25, 200619 yr Author From the 2/25/06 Enquirer: Pols plan Batavia plant plea Group's first goal is to reverse closing decision; if that fails, find new tenant, retrain workers BY STEVE KEMME | ENQUIRER STAFF WRITER BATAVIA - U.S. Rep. Jean Schmidt, Ohio Lt. Gov. Bruce Johnson and other public officials emerged from a private meeting in Batavia Friday vowing to do everything possible to convince Ford Motor Co. to change its mind about closing its Batavia transmission plant in 2008. But they'll also be trying to line up other businesses that might be interested in moving into the 1.8-million-square-foot facility. "We're working together to promote the Batavia facility to Ford or other potential users," Johnson said after Friday's one-hour meeting in the Clermont County Administration Building... E-mail [email protected] http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060225/NEWS01/602250400/1056/rss02
February 27, 200619 yr Author From the 2/26/06 Dayton Daily News: Union officials work on a future for the GM Moraine Assembly plant By John Nolan Dayton Daily News MORAINE | The future is literally now for General Motors Corp. and production workers at its Moraine Assembly plant. Local 798 of the International Union of Electronic Workers-Communications Workers of America is talking with GM about prospects for work at Moraine after the plant's current production assignment for sport utility vehicles ends in 2008. ... http://www.daytondailynews.com/business/content/business/daily/0226gmunion.html
March 9, 200619 yr Author From the 3/6/06 Dayton Daily News: GM may buy out 20,000 workers By Stephanie Irwin Dayton Daily News DAYTON | Local Delphi workers heading toward a deadline for reaching new contracts with the bankrupt company could have a new offer to consider. Reports on Sunday said General Motors Corp. is in advanced talks with the United Auto Workers to buy out up to 20,000 workers. That could mean massive vacancies for UAW workers at Delphi to "flowback" to GM jobs should their employer cut jobs. ... Contact S. Irwin at 225-7404 http://www.daytondailynews.com/localnews/content/localnews/daily/0306gm.html
March 22, 200619 yr Ford plans Sharonville layoffs 80 to lose jobs Monday, up to 120 more to be cut BY MIKE BOYER | ENQUIRER STAFF WRITER Area Ford Motor Co. workers, already reeling from the plan to close the Batavia transmission plant in 2008, have gotten more bad news: Up to 200 workers will be laid off at the company's Sharonville plant. About 80 hourly employees at Sharonville, which employs 1,800, were notified last week that they would be laid off next Monday as the plant begins to phase out production on the 4R/5R transmission line, which produces transmissions for the Ford Crown Victoria sedan, some truck models and the Lincoln LS... http://news.cincinnati.com/apps/pbcs.dll/section?Category=NEWS
March 22, 200619 yr wow i thought most of thier jobs were safe, except for the ones that would be replaced by some of the workers at the Batavia plant who has seniority.
March 24, 200619 yr Author From the 3/23/06 Dispatch: PHOTO: John Baugh, who has worked at Delphi Corp.’s Columbus plant for 39 years, is happy with yesterday’s deal: It may allow him to retire. RENEE SAUER DISPATCH MAP: Delphi plants in Ohio Deal on the way for GM, Delphi 125,000 hourly workers will be offered retirement buyouts Thursday, March 23, 2006 Paul Wilson THE COLUMBUS DISPATCH About half of the 700 hourly workers at Delphi Corp.’s Columbus plant could be eligible for retirement as part of a sweeping deal to help both the auto supplier and General Motors. Under a plan with the United Auto Workers, 125,000 U.S. hourly workers at both companies will be offered retirement buyouts. The deal was an imporant first step in stabilizing the domestic auto industry, but more needs to be done, especially in the Midwest, analysts said. ... The Associated Press contributed to this story. [email protected] http://img229.imageshack.us/img229/5418/gminohio2eb.jpg http://www.dispatch.com/business-story.php?story=dispatch/2006/03/23/20060323-A1-00.html From the 3/23/06 Dayton Daily News: Effect of GM retirement proposal locally won't be known for a while It only applies now to workers at Delphi's Needmore Road plant By John Nolan Dayton Daily News DAYTON | The effect of the new retirement incentive program of General Motors Corp. and Delphi Corp. on the Dayton area's auto industry operations could take months to play out. And Delphi, mired in bankruptcy reorganization, is still months away from putting out a plan of reorganization that will define which plants the auto parts supplier wants to sell or close in order to return to profitability and emerge from U.S. Bankruptcy Court supervision. ... Contact John Nolan at 225-2242. http://www.daytondailynews.com/business/content/business/daily/0323gmdayton.html
March 25, 200619 yr Author From the AP, 3/24/06 Can GM cut its way out of red? Some question whether buyouts can slow slide By Dee-Ann Durbin Associated Press DETROIT - General Motors Corp. has big plans to become a smaller company, and tried to prove it this week by offering buyouts to more than 100,000 workers and selling a majority stake in its commercial mortgage division. Although some analysts say those moves show the world's largest automaker is making progress in restructuring after losing $10.6 billion last year, others warn GM is unwisely seeking to cut its way to prosperity rather than investing in its vehicles. ... http://www.ohio.com/mld/ohio/business/14175638.htm?source=rss&channel=ohio_business From the 3/24/06 Toledo Blade: GM employees weigh buyouts, early retirement Some at Toledo plant ready to go; others say they can't afford to quit By MARY-BETH McLAUGHLIN BLADE BUSINESS WRITER After 34 years as a General Motors Corp. employee, Mary Hernandez is more than ready to be a housewife at the age of 52 and will gladly accept a recently announced buyout offer. Forty-eight-year-old Kirk Kraft, on the other hand, said he recently got divorced and can't afford to take any offer. ... Contact Mary-Beth McLaughlin at [email protected] or 419-724-6199. http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20060324/BUSINESS02/603240359/-1/RSS04 From the 3/24/06 Akron Beacon Journal: Imagine future before taking deal By Dave Scott Beacon Journal business writer There must be moments on the production line at General Motors Corp.'s Lordstown plant when getting $140,000 to quit sounds like a good deal. And it might be, but financial planners say there are questions to ask before taking the buyout and entering retirement. ... Dave Scott can be reached at 330-996-3577 or [email protected]. http://www.ohio.com/mld/ohio/business/14175619.htm?source=rss&channel=ohio_business
March 27, 200619 yr Author From the 3/26/06 Dayton Daily News: Deadline looms for Delphi contract By John Nolan Dayton Daily News DAYTON | — The clock is ticking toward the Thursday deadline that Delphi Corp. imposed for reaching an agreement with its hourly labor unions on the new, lower-cost contracts the company says it needs to become profitable in the United States. Last week's accord between the United Auto Workers union, Delphi and Delphi's former owner, General Motors Corp., on a retirement-incentives agreement for some of Delphi's and GM's highest-paid workers could help make it easier to work out the new labor contracts, union and management spokesmen said. The incentive deal affects active workers, but not retirees, the spokesmen said. ... http://www.daytondailynews.com/business/content/business/daily/0326delphi.html
March 27, 200619 yr Autos Take The Money And Run? Jonathan Fahey, 03.22.06, 4:15 PM ET New York - General Motors has sold millions of vehicles over the past five years by enticing buyers with cash rebates. Now it is using cash to try to shoo thousands of workers off its payroll. Here's the offer: $35,000 for Delphi and General Motors workers who have put in 30 years or more of service and are therefore eligible for retirement. Pensions and health care benefits will kick in immediately. There are a handful of other plans that include various levels of health care and pension benefits for those who haven't put in the full 30 years. ... http://www.forbes.com/2006/03/22/gm-delphi-uaw-cz_jf_0322gm_print.html
March 29, 200619 yr Author From the AP, 3/28/06: GM employees prepare for likely layoffs BY DEE-ANN DURBIN | THE ASSOCIATED PRESS DETROIT - Salaried workers at General Motors Corp. are bracing for cuts expected to come as early as today. Workers at the GM Technical Center in Warren, Mich., say speculation is that the world's largest automaker will cut jobs this week at their facility and others. Around 14,800 salaried employees work at the center in Warren, which includes design and engineering studios. ... http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060328/BIZ/603280313/1076/rss01 From same: Buyouts can be tricky $100,000 sounds like a lot, but it may have to last decades By Jeannine Aversa Associated Press WASHINGTON | What would you do if your boss offered you a wad of cash to quit? Take the dough and split or stay and live with the fear that you might be axed anyway? General Motors Corp.'s offer last week to buy out more than 125,000 workers from GM and its auto parts supplier, Delphi Corp., put a spotlight on a tactic that many companies — and the government — use to cut costs. ... http://www.daytondailynews.com/business/content/business/daily/0328buyouts.html From the 3/27/06 Youngstown Vindicator: Effect of news of layoffs is unclear here 'Black Tuesday' this week is expected to affect only GM's engineering staff. STAFF/WIRE REPORTS LORDSTOWN — Whether General Motors' anticipated white-collar firings this week will affect operations here is unclear. GM told its engineering staff last week that all leaves have been canceled. Staff has been ordered to report for work Tuesday morning — with company cars and keys. ... http://www.vindy.com/content/local_regional/285724344558290.php From the 3/28/06 Youngstown Vindicator: Officials from IUE to review proposal Delphi is offering to pay UAW workers $16 an hour, a newspaper says. By DON SHILLING VINDICATOR BUSINESS EDITOR A contract proposal for local Delphi Corp. employees is to be reviewed today by union officials. Delphi submitted its latest offer over the weekend to officials of the International Union of Electrical Workers, said Lauren Asplen, a union spokeswoman. ... [email protected] http://www.vindy.com/content/local_regional/285728902261594.php
March 30, 200619 yr Author From the 3/29/06 Dayton Daily News: Delphi proposal blasted by UAW Union leader tells others it would be error to cancel pacts By Kristin McAllister Dayton Daily News Delphi Corp.'s latest contract proposal to its six employee unions "would have a devastating impact on workers, their families and their communities," a high-ranking United Auto Workers official said Tuesday During a meeting in Detroit of UAW presidents, UAW Vice President Richard Shoemaker, also said "it would be a mistake" for Delphi to file motions in the U.S. Bankruptcy Court to cancel current contracts, said Paul Krell, a spokesman for the UAW in Detroit who attended the meeting. ... http://www.daytondailynews.com/business/content/business/daily/0329delphi.html From the 3/29/06 Warren Tribune Chronicle: Union members, leaders to meet on retirement plan By LARRY RINGLER Tribune Chronicle LORDSTOWN - Union workers at General Motors Corp's Lordstown Complex soon will get more details on the automaker's retirement incentive package, local labor leaders said Tuesday. "We hope to start meeting with members next week or the week after that,'' said Jim Graham, president of United Auto Workers Local 1112 at the Lordstown East assembly plant, as he and Shop Chairman Ben Strickland returned from a mass meeting of union leaders in Detroit. Graham estimated 400 to 500 union officials attended the informational meeting at the UAW's Human Resources Center. ... http://www.tribune-chronicle.com/news/story/0329202006_new02union29.asp
April 1, 200619 yr Author From the 3/30/06 Dayton Daily News: Delphi bid to cancel labor contracts could hurt negotiations By John Nolan Dayton Daily News Delphi Corp.'s plan to ask a court to cancel the company's hourly labor contracts and retiree medical and life insurance benefits could put a chill into negotiations for the new, lower-cost contracts Delphi wants. The company's biggest unions said they expected the auto parts supplier to file the request this morning with the New York-based federal bankruptcy court. The United Auto Workers, Delphi's largest union representing 24,000 workers, said it would consider whether to continue negotiations after the company's filing. ... Contact John Nolan at 225-2242. http://www.daytondailynews.com/business/content/business/daily/0331delphi.html
April 1, 200619 yr Author From the 3/31/06 Dispatch: Delphi prepares plan to reorganize Request to shed union contracts expected today Friday, March 31, 2006 FROM STAFF AND WIRE REPORTS Delphi Corp. has drafted a reorganization plan with details on the plants it wants to close to become profitable when it emerges from bankruptcy. The plan could be filed with the bankruptcy court in New York as early as today. A related request, to cancel union labor contracts, is widely expected as well. ... Information from Dispatch reporter Paul Wilson, the Associated Press and the Detroit Free Press was used in this story. http://www.dispatch.com/business-story.php?story=dispatch/2006/03/31/20060331-G1-01.html
April 1, 200619 yr And today the front page headline in the DDN was "Delphi Wants to Close Four Local Plants", with a sub-headline.."Vandalia to stay open, but must be more productive".
April 2, 200619 yr Author ^ Yep. Here are today's articles. From the 4/1/06 Akron Beacon Journal Delphi may cut 6 plants in Ohio By Dave Scott Beacon Journal business writer Delphi Corp. proposed closing or selling six of its 10 Ohio plants on Friday, throwing into question the future of 7,500 workers and a significant chunk of the Buckeye State's economy. The Dayton area could be hit particularly hard if a bankruptcy court judge approves Delphi's drastic restructuring plan, which also calls for dramatic wage cuts and the cancellation of labor contracts. ... The Associated Press contributed to this report. Dave Scott can be reached at 330-996-3577 or [email protected]. From same: Key dates for auto-parts supplier Delphi Corp. 1999: Delphi is spun off from General Motors Corp., which remains the auto supplier's largest customer. June 23, 2005: Veteran turnaround specialist Robert S. "Steve'' Miller is named chairman and CEO. He says he won't seek bankruptcy protection as a way to reduce the company's labor and medical costs. Oct. 8: Delphi files for bankruptcy. Dec. 16: Delphi's deadline for asking a bankruptcy judge to void its union contracts is pushed back to Jan. 20. ... http://www.ohio.com/mld/ohio/business/14239910.htm?source=rss&channel=ohio_business From the 4/1/06 Dayton Daily News: Delphi paints bleak financial picture It says road to Chapter 11 exit is as slimmer company By John Nolan Dayton Daily News Delphi Corp. provided bleak statistics to buttress its claims that it must substantially streamline itself by selling or closing factories, eliminating thousands of jobs and focusing on more profitable product lines to stay in business. The company told a federal bankruptcy court on Friday that: ... Contact John Nolan at 225-2242. http://www.daytondailynews.com/business/content/business/daily/0401delphiinside.html From the 4/1/06 Dayton Daily News: Delphi: By the numbers By the Dayton Daily News $78.63 Delphi's hourly cost, including benefits, for its highest-paid workers ... http://www.daytondailynews.com/business/content/business/daily/0401delphinumbers.html
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