ABI submits ‘final’ offer to union, hoping to end 14-month lockout at Quebec aluminum smelter GlobeBusiness
In a statement, the smelter’s management says the proposed salary increases will exceed inflation which is projected to increase by an average of least 2.55 per cent annually over the proposed six-year collective agreement.
The offer doesn’t foresee any layoffs and respects seniority, a key issue at the start of the dispute. However, ABI says its offer will provide flexibility by capturing the ongoing wave of retirements to improve productivity.ABI is 75 per cent owned by U.S.-based Alcoa Corp. and 25 per cent by Montreal-headquartered Rio Tinto Alcan Inc.
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