United Auto Workers Local 544
The Shop Chairman's Report...
Chairman's Report
October 22, 2008
A.
- We have 9 Production and 5 Skilled Members on Leave of Absence
- We Have 4 Skilled Trades Members on Layoff effective 10-6-08
Retirements
- We had 29 Members leave 10-1-08 under the terms of the SAP
B. 3% Performance Bonus
- Payable week ending 10-5-08
- Calculated using eligible earnings in the preceding 52 pay periods from 9-15-08
- For those members that have retired or separated….
your payments will be mailed to you on 10-10-08
C. General News
- We have filed a grievance protesting management laying off 4 of our members as volume related.
- We feel that based on our situation, any reduced member should flow into the JOBS Bank per the 2007 UAW-GM National Agreement
D. Manpower
- Lordstown Factory Assists - returning week of 10-6-08
- 2nd Shift to run H-Line and 2 Metal Assembly areas.
- This will keep a small crew of production workers and support trades personnel
- Layoffs in production will commence 10-27-08 at the earliest
- By Agreement - the A-8's will be reduced first with A-10's coming next by their plant date of hire
E. Sub-Council Report
Vince Maione
Rick Mismas
Bruce Popovich
- We attended the Sub-Council in Toledo Ohio from 10-8-08 thru 10-9-08
- International V.P. Cal Rapson spoke about GM's current situation in light of the economic downturn we are in
- He told the council that GM wants to close as many as 10 locations
3 Assembly Plants
3 Stamping Plants
3 SPO Warehouses
1 Powertrain Plant
- These are in addition to the previously announced closings of Moraine Ohio, Janesville WI, Toluca, MX, and Oshwa, Canada.
- The credit crunch is having a negative effect on GM.'s business. GM is reliant on its ability to borrow money to run its operations, pay its suppliers, and fund development of new products not to mention the consumers needing credit in order to purchase new vehicles.
- The total American car market for this year is forecasted to be between 12 to 13 million units. This is the smallest sales year in some 20 years.
- GM in response to this has already taken some 1.2 million units out of production and are discussing further reductions to align units with the current market conditions.
- Most market analysts are not predicting any change in the US Market until early 2010 at best.
- V.P. Rapson went on to say that based on Tuesday, October 7, 2008, GM share price of $8.00 per share, the entire corporation could be bought for $6 billion. In light of the recent decline per share, this figure is even lower.
- GM's stock price has not been this low since the 1950's.
The committee did discuss our situation relative to the Lay-off vs. the JOBS bank issue. The International fully supports our position and will continue to have discussions with GM in an attempt to resolve it.
We will keep membership updated as developments warrant.
Rick Mismas
Shop Chairman
UAW Local 544
For UAW response to Mgmt. Letter on JOBS Bank