Word: paso
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Dates: during 1970-1979
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...nationwide boycott against his products: men's slacks. Yet last week he sat down to breakfast with officials of the Amalgamated Clothing Workers of America in New York City and capitulated totally. He agreed to recognize the union as sole bargaining agent for all employees of the El Paso-based firm, rehire all strikers, and begin immediate negotiations for a wage-and-benefit contract. Said Farah: "It's the only...
What changed his mind? The boycott, organized by the A.C.W.A. and vigorously supported by high-powered politicians and even the Roman Catholic bishop of El Paso, turned Farah's 1971 profit of $6 million into losses of $8.3 million in 1972. Farah stock, soaring at $56 the day the strike was called, closed at $8 the Friday before the settlement. Quite as important, National Labor Relations Board and court decisions during the long battle consistently favored the strikers. When the NLRB ruled early last month that Farah must let union organizers enter his plants (TIME, Feb. 11), he apparently...
...company and a union. Last week Walter H. Maloney, an NLRB administrative law judge, ruled that the Farah Manufacturing Co. is "flouting the [National Labor Relations] act and trampling on the rights of its employees as if there were no act, no board and no Ten Commandments." The El Paso-based company, one of the nation's biggest makers of men's pants, has been struggling for 20 months with some 2,000 strikers, mainly Mexican Americans, who demand to be represented by a union-the Amalgamated Clothing Workers of America (TIME, March...
...appears unmoved by the financial toll that the strike is taking of his company. A nationwide boycott of Farah products, backed by the AFL-CIO and strongly endorsed by the bishop of El Paso, the Most Rev. Sidney M. Metzger, has bitten deeply into sales, despite a high-priced TV advertising campaign featuring athletes wearing Farah pants...
...profits were $43,000; company officials concede that the boycott has forced Farah products off retail shelves in many cities. The price of the company's stock has plummeted to $5 per share, down from $30 before the strike. Four plants have been closed, but the five El Paso plants are operating with a reduced work force. Worse, Farah is losing the support that he once had from the business community in El Paso, which is hurting from the company's decline. Local newspapers played the NLRB decision on the front pages, but editorials supporting management were conspicuously...