American Axle and Manufacturing Holdings is closing its New York gear making plant following the failure of union members to ratify a new contract late last month.
The Cheektowaga plant, which employs about 90 hourly and salaried workers, will be shut on or after 26 February, American Axle said in a statement cited by Reuters.
Go deeper with GlobalData
The company will continue to honor the labour agreements in place until 25 February, 2012, the supplier said.
Reuters noted that, last July, the company had said that it would close its plant in Detroit next February after it failed to secure union worker approval for a 33% cut in pay and benefits.
The company had also flagged the possibility of closing Cheektowaga plant should labour negotiations fail.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
