Tuesday May 27, 2014
For Immediate Release
Cambridge, ON – Members of IAM Local Lodge 103 have ratified a new four-year collective agreement with Dana Canada.
“Considering the current business climate this was a tough round of bargaining yet there are some improvements here,” explained IAM District Lodge 78 Business Representative Derek Ferguson.
The agreement provides a 3.5 per cent lump sum payment in years one and three and a 2 per cent wage increase in years two and four. The agreement also includes contract language and pension improvements.
The 59 members manufacture value-added products and systems for automotive, commercial and off-highway vehicles.
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For further information:
Derek Ferguson – IAM District Lodge 78 Business Representative
416-225-9003/519-807-6520
Bill Trbovich – IAM Director of Communications
416-386-1789 ext. #6331/417-735-9765