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Delphi Signs Agreements With Four UnionsDETROIT, Aug. 6 (AP) — The auto parts maker Delphi Corporation said on Monday that it had tentatively agreed to contracts with four more unions, including one that recently warned that a strike was possible if talks stalled. With the agreements, the company continues to make progress on its emergence from bankruptcy protection. Delphi remains in talks with one more union, the United Steelworkers, about a deal. Delphi and the International Union of Electronic Workers-Communications Workers of America, which represents about 2,000 employees, reached a four-year contract about 10 p.m. Sunday, the union said that night. Delphi also said on Monday that it had reached pacts with the International Association of Machinists, the International Brotherhood of Electrical Workers and the International Union of Operating Engineers, which together with the United Steelworkers represent about 1,000 Delphi employees. Talks were to continue this week with the United Steelworkers, a Delphi spokesman, Lindsey Williams, said Monday. Delphi did not release details but said the deals pertained to work force transition and legacy pension items. The agreements are subject to union ratification and approval by the bankruptcy court. Delphi, based in Troy, Mich., is the former parts division of General Motors, which spun it off in 1999. Delphi struggled on its own and entered bankruptcy protection in October 2005. Delphi secured wage cuts from its largest union, the United Automobile Workers, which represents about 16,000 Delphi employees. That deal cuts wages for longtime workers to a range of $14 to $18.50 an hour, from $27 an hour. Tag CloudExternal InformationAdditional InformationAmazon Digital Music Store Goes Online...Australia: Job Growth Stirs Inflation Concern... Latest Housing Numbers Show Signs of Slowdown... Spammer Accused in Fraud Case... Where Am I?News Main Page - Business - Delphi Signs Agreements With Four Unions |
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