Layoffs, factory shutdowns expected in Ontario auto industry if GM in U.S. strike drags on

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 92%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Layoffs, factory shutdowns expected in Ontario auto industry if GM in U.S. strike drags on GlobeBusiness

Ms. Wright said any shutdown of an Ontario plant would swiftly affect Ontario’s auto parts sector, which is comprised of the companies that produce components for GM and other car makers in Ontario and the United States. The province’s auto parts companies, including Magna International, Linamar Corp., and Martinrea International Inc., employ 100,000 people and export $18-billion in components to the United States a year.

Contract talks between GM and UAW United Auto Workers resumed on Tuesday as the first strike since 2007 strike extended into a second day. “They are talking, they’ve made progress, we’ll see how long it takes,” Brian Rothenberg, spokesman for the UAW, said Tuesday. Before the talks broke off, GM offered new products to replace work at two of four U.S. factories that it intends to close.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

globebusiness We need a politician who stands up for Canada... Make Canada Great Again...not our joke of a PM, JustinTrudeau TrudeauMustGo

globebusiness And Trudeau is nowhere to be seen. Bullshit he wants to 'protect' Canadian jobs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines