Business
New Collective Agreement at Magellan's Mississauga Facility
New Collective Agreement at Magellan's Mississauga Facility.
About this update from Magellan Aerospace Corporation
[{"type":"text","content":"\n\n\n\n\nTORONTO, Sept. 29 /CNW/ - The 200 unionized workers at Magellan's Orenda\nAerospace facility in Mississauga, represented by the International\nAssociation of Machinists and Aerospace Workers, voted to accept the company's\nthree-year offer on September 28, 2005. This was a challenging set of\nnegotiations but both sides recognized Magellan's need to remain competitive\nin the global aerospace market.\nMagellan's Bristol Aerospace workforce in Winnipeg continues on strike\nbut efforts continue to resolve the outstanding issues.\nRemaining competitive means both a competitive workforce and modern\nmanufacturing capabilities. Magellan continues to invest in up-to-date\nequipment, Continuous Improvement initiatives and other measures to ensure a\nworld-class manufacturing environment.\nMagellan believes that an engaged workforce and modern facilities will\nensure it remains competitive and able to deliver value to its customers.\nMagellan Aerospace Corporation is one of the world's most integrated and\ncomprehensive aerospace industry suppliers. Magellan designs, engineers, and\nmanufactures aeroengine and aerostructure assemblies and components for\naerospace markets, advanced products for military and space markets, and\ncomplementary specialty products. Magellan is a public company whose shares\ntrade on the Toronto Stock Exchange (TSX: MAL), with operating units\nthroughout Canada, the United States and the United Kingdom.\n\n\n","length":1510,"tagName":"div"}]