GM & Unifor Reach $1Billion Deal

Unifor - GM

CBJ – GM Canada and Unifor have reached a tentative agreement that will see the company invest $1 billion to transform its CAMI plant in Ingersoll, Ont., to make commercial electric vehicles. The deal was reached by GM executives and Unifor President Jerry Dias, but it will still require employee ratification, which in this instance is all but certain. The agreement is an excellent result for all concerned.

Dias says the lucrative investment will mean new products, new jobs and job security for workers. More details on the agreement will be given to Unifor Local 88 members at an online ratification meeting on Sunday. The results of the vote should be released to the public the following day.

“Unifor and General Motors have worked together to reach a tentative deal that will further strengthen Ontario’s world-class auto sector for its workers, their families and the communities they live in,” said Premier Doug Ford and Economic Development Minister Vic Fedeli in a jointly released statement.

The company plan is to build BrightDrop EV 600s, a new GM business announced at the recent Consumer Electronics Show. The growth of online shopping has increased demand for electric vans.

BrightDrop’s first customer is FedEx, which will begin receiving GM’s EV600 electric vans later this year.

@CanBizJournal

Recommended
HVAC Filters Market to Reach Value of USD 7Joe Biden