Friday, February 16, 2018
Breaking News
Home » RV Industry News » About 100 accept Navistar buyout in Ohio

About 100 accept Navistar buyout in Ohio

(Dec. 16, 2010) -- The Springfield News Sun is reporting about 100 Navistar employees have agreed to take a buyout offered in the October 30 contract between the company and United Auto Workers Local 402 and 658.

SPRINGFIELD, Ohio — The Springfield News Sun is reporting about 100 Navistar employees have agreed to take a buyout offered in the October 30 contract between the company and United Auto Workers Local 402 and 658.

The offer to laid-off employees, not eligible for retirement, expired on Nov. 30 with 98 employees signing up to sever their relationship with the company, Jason Barlow, president of UAW Local 402, told the newspaper.

According to the Springfield News Sun, each resigning employee will receive a lump sum payment of $17,500 in addition to the $1,000 signing bonus for the Oct. 30 contract ratification.

To read the complete report in the Springfield News Sun, click here

Print Friendly, PDF & Email

About Rebecca Kanable

Leave a Reply

Your email address will not be published. Required fields are marked *

*

RV Daily Report welcomes comments from readers. However, we expect that comments will be cordial and professional without reverting to name-calling, profanity and libelous language. Comments of that nature will be removed.