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Finning workers approve collective agreement

Finning International
August 04, 2011
By Finning International
August 4, 2011 - Finning International announced that the hourly employees of its Canadian division, represented by the International Association of Machinists and Aerospace Workers - Local 692 (IAMAW), have approved a new four-year collective agreement. The agreement covers approximately 700 hourly-paid Finning Canada employees in B.C. and Yukon and expires on April 14, 2015.

This agreement ends the work stoppage in B.C., which began on June 22 and employees are expected to return to work starting August 2, 2011.

The new agreement provides for annual wage increases of 4 per cent in year one, 3 per cent in years two and three and 4 per cent in year four.

Finning International is the world's largest Caterpillar equipment dealer and has been in business since 1933. Finning sells, rents and services equipment and engines to help customers maximize productivity. Headquartered in Vancouver, B.C., the company operates in western Canada, Chile, Argentina, Bolivia, Uruguay, as well as in Ireland and the United Kingdom.

Related links
IAMAW Local 692
Strike begins at Finning
Finning strike possible
Finning reports fourth quarter revenue jump

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