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cstanleytech

(26,236 posts)

21. I agree with you that there is an issue with the companies not being paying most of the workers a

Sun Feb 5, 2012, 04:48 AM

Feb 2012

Last edited Sun Feb 5, 2012, 05:37 AM - Edit history (1)

fair, living wage however that doesnt mean a company should have to suffer with losing money if a specific plant, store or division isnt being productive and if its costing them more money to run than its taking in and its not an issue of enabling its an issue of basic economics as it only makes sense that if their losing money that they either close said plant, store or division or ask the employees to take a pay reduction because its hardly fair to expect the company to keep open something thats not productive.
I'm not saying that is the case here though of course because like you I do not know if it was losing them money or not but it would be an interesting thing to learn one way or the other.

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Electro-Motive plant shut by U.S. owner [View all] Canuckistanian Feb 2012 OP

Lock-outs should be illegal. baldguy Feb 2012 #1

I'm so sorry to see this. Looks like those jobs are about to be outsourced to Brickbat Feb 2012 #2

Strange - most people on DU always seem to want US companies to build in the US dmallind Feb 2012 #28

Don't know what to tell you. Brickbat Feb 2012 #30

And this is where you occupy the factory. joshcryer Feb 2012 #3

The mayor of Muncie sent condolences to the workers in Canada Canuckistanian Feb 2012 #4

Changing any system carla Feb 2012 #5

I agree, as much as I hope OWS achieves it's goals. Its going to take more than nonviolence. Katashi_itto Feb 2012 #26

It also lead to a war-mongering emperor. dmallind Feb 2012 #29

I feel for my Union brothers and sister's at Electro-Motive. jschurchin Feb 2012 #6

It was General Motors Electro Motive Division until 2005 FarCenter Feb 2012 #7

I work for a large railroad tgoo jschurchin. Jazzgirl Feb 2012 #8

because of this gawdawful stinking new board system iverglas Feb 2012 #9

Had not followed the EMD's for quite some time used to be known as Electro-Motive Division of GM. sce56 Feb 2012 #10

forgive me, but iverglas Feb 2012 #11

The other thread was more on point Honest Turtle Feb 2012 #12

that is exactly what the story is about ;) iverglas Feb 2012 #13

My question is while caterpillar might be earning profits how was this specific plant doing? cstanleytech Feb 2012 #14

they're the ones that bought it less than 2 years ago iverglas Feb 2012 #15

They bought the maintenance work and the customer list FarCenter Feb 2012 #16

I'm sorry, but this makes no sense to me iverglas Feb 2012 #17

My question wasnt why they bought it but was it making them money or not? cstanleytech Feb 2012 #18

I simply cannot find that information anywhere. laundry_queen Feb 2012 #20

I agree with you that there is an issue with the companies not being paying most of the workers a cstanleytech Feb 2012 #21

the question remains iverglas Feb 2012 #23

I'm not suggesting anything. cstanleytech Feb 2012 #24

you may want to look into the history iverglas Feb 2012 #25

The Progress Rail susidiary of Cat bought EMD as a whole from the private equity group FarCenter Feb 2012 #22

All I can say is, Jesus, I'm obviously in the wrong business. truthisfreedom Feb 2012 #19

Whole lot of union-busting and attempts at same in that city lately. (nt) Posteritatis Feb 2012 #27