Machinists Ratify New Agreement with Hypernetics

Friday June 5, 2015
 
For Immediate Release
 
 
Arnprior, On – Members of IAM Local Lodge 1542 have ratified a new collective agreement with Hypernetics Canada, a division of Plaintree Systems Incorporated.
 
The five-year agreement provides wage increases of 1.5 per cent in each of the first three years, 2 per cent in the fourth year and 2.5 per cent in the fifth year.
Other agreement highlights include :
Vision care increased to $150.00 in the first year and raised to $175.00 in the fourth year
Annual eye examinations compensated up to $100.00
Increased group life insurance
Safety glass allowance raised to $200.00 every two years
Safety footwear allowance increased to $125.00
 
The 12 members service, repair and overhaul machinery used in the design and manufacturing of high performance electromagnetic devices for commercial and military aerospace.
 
 
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For further information:
Gary Hynes – IAM Grand Lodge Representative
416-225-9003/416-579-0773
Bill Trbovich – IAM Director of Communications
416-386-1789 Ext #6331/416-735-9765