Word: kaisers
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Dates: during 1960-1969
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Hanging Out the Shingle. Management has also helped labor meet the automation problem. Kaiser Industries recently signed a contract with its employees guaranteeing that no jobs would be lost through automation. Kaiser has gone on with a program to bring in work-saving machinery, while maintaining a continuing dialogue with its union leaders on all aspects of employment. Another approach was worked out by U.S. Industries, Inc., New York manufacturers of automated machinery. The company and the International Association of Machinists have established the American Foundation on Automation and Employment Inc. Its purpose is to further automation even while easing...
...might be well for labor and management to follow the lead of Kaiser Industries," he said. Kaiser recently set up a board of advisers to meet with unions and management once a month and discuss such basic issues as automation and featherbedding as well as wage-hour disputes...
Among U.S. investors in Latin America, Kaiser has long had an enviable record of readiness to make big commitments, willingness to take in local investors as partners, and consideration for local political sensitivities. But in Córdoba, Argentina, two weeks ago, when Kaiser reluctantly called a ten-day shutdown of its auto assembly lines in order to work off a prohibitively large backlog of unsold cars, hundreds of workers seized 50 supervisors, locked them in a paint shop, and held them hostage until local Kaiser Boss James McCloud agreed to keep the plant in operation...
...Kaiser's trouble at Córdoba was symptomatic of what makes U.S. investors nervous about Latin America. Country after country is troubled by rampant inflation and other economic ills. But in dustry cannot pare its production or its heavily-featherbedded payrolls because left-leaning unions forbid it, and floundering local governments do not dare object because they need union support to stay in office. The result has been a radical cutback of investment in Latin America at a time when the Kennedy Administration urges an Alliance for Progress in the two continents. Where their net investment averaged...
...other steel companies has been unfavorable. They fear that it takes away management's basic right to decide how to spend its income, and opens the company's most intimate statistics to union officials. Even Steelworker President David J. McDonald is not yet prepared to give the Kaiser plan a final endorsement: he wants to see how it works out during its four-year trial period and is unlikely in the meantime to demand similar concessions from the Eastern companies. But if it proves successful, the Kaiser plan might work a significant change in the psychology...