Word: forded
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...education benefits. Entry-level wages have been cut in half, which has translated to even lower production-labor costs. "We will not stand for further concessions negotiated by our representatives," proclaimed a resolution that was turned in for consideration at the UAW convention in June by workers from the Ford assembly plant in Chicago. "I've never seen people so frustrated," says a veteran UAW official in Detroit. "These are hard jobs. You might not lift as much as in the old days, but the intensity has gone...
...fight has spilled over into the labor relations at Ford. That company, the healthiest of the domestic carmakers, has traditionally had the best relations with the UAW. But last fall workers at Ford voted down contract changes aimed at erasing the gap in labor rates that had opened up with key competitors, who got additional concessions as they went through bankruptcy. GM's labor costs after bankruptcy have fallen from $72 per hour to about $50 per hour under pressure from the Treasury. Ford's hover around $55 per hour after recent adjustments, and the gap is a top issue...
...addition, Ford workers balked at changes that were pushed in the name of greater efficiency at an assembly plant in Kansas City, Mo. The problems were resolved, according to a Ford spokeswoman. But union members say the tension remains. Ford workers also protested plans to give merit-pay increases (which go against the collective-bargaining ethos). Instead, Ford agreed that workers would receive a share of the company's 2009 profits. The payments average $250 per employee for each of Ford's 41,000 workers. A year ago, the union might have been willing to discuss dropping the profit-sharing...
William Bissell inherited a company built on good intentions. His father, John Bissell, went to India in 1958 on a Ford Foundation grant, married an Indian woman and never left. The Bissells started a business exporting handmade textiles, and their company, Fabindia, thrived on sending traditional crafts to the West, just in time for the first wave of baby-boomer bohemian chic...
Mondesir crashed through a metal fence and drove his 1994 Ford van straight into two cars of a Red Line train in Cambridge shortly after midnight on Friday. The incident occurred between the Charles/MGH and Kendall T stops...