Union members approve Goodyear Engineered Products sale (The Carlyle Group)

[Omaha Steve]

Source: Modern Tire Dealer

The United Steelworkers say their members at four of Goodyear Tire & Rubber Co.'s Engineered Products plants have "have given their approval to a tentative agreement" with The Carlyle Group, which wants to buy the unit.

However, the union says "outstanding issues" still need to be resolved before the Carlyle Group can proceed with its purchase of the unit.

"The agreement was approved by members at USW Local 200 in St. Marys, Ohio; USW Local 286 in Lincoln, Neb.; USW Local 904 in Sun Prairie, Wis/; and USW Local 843 in Marysville, Ohio."

More than 1,600 workers are represented by the union at the four facilities, "where the contract is a tri-party agreement between the company, the union locals and the USW International."

Read more: http://www.moderntiredealer.com/t_inside.cfm?action=news_det&storyID=7725

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Does anyone else recognize the name Carlyle Group?

[billyoc]

1. Hey, USW, it's called Google.

Look into it. :eyes:

[Doctor_J]

2. I'd make sure that their moving expenses to Batswana are covered

That's where their jobs will be pretty soon.