The Associated Press Saturday July 7, 3:28 PM EDT
Troy, Mich. - Struggling auto parts maker Delphi Corp. expects to have as few as about 2,300 United Auto Workers union members at its four remaining UAW plants by 2012, the company said in a court filing.
That would be less than a tenth of the 24,000 UAW members it employed when it filed for Chapter 11 bankruptcy protection in 2005.
Since that filing, Delphi said its UAW membership has dropped to about 17,000 due to buyouts and early retirements, and by the end of this year, it expects to have 4,703 UAW employees as it closes and sells plants. Total UAW employment could drop to as low as 2,306 in 2012, it said this past week in the U.S. Bankruptcy Court filing in New York.
Delphi spokesman Lindsey Williams noted that the company earlier had announced its intention to exit most of its core businesses.
Members of the UAW, Delphi's largest union, approved a contract last month that cuts wages for many longtime workers but secures thousands of jobs.
The pact would leave Delphi operating four UAW plants: Grand Rapids; Kokomo, Ind.; Lockport, N.Y.; and Rochester, N.Y.
Delphi plans to sell, close or consolidate plants in Ohio, Alabama, Indiana and Texas.
http://money.excite.com/jsp/nw/nwdt_rt_top.jsp?news_id=ap-d8q7ujeg1&
This email was cleaned by emailStripper, available for free from http://www.papercut.biz/emailStripper.htm