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:: Wednesday, January 07, 2004 ::
Union says insolvent Slater Steel signalling that liquidation will proceed By STEVE ERWIN
TORONTO (CP) - Insolvent Slater Steel Inc. will go ahead with plans to liquidate its remaining businesses in Ontario and Quebec now that last-ditch attempts to restart concession talks with its unions have failed, a United Steelworkers official said Tuesday.
Added Tony DePaulo, the Steelworkers' area co-ordinator: "The company's plan was to cut our members' wages and benefits without any thought about how to restructure the operation."
posted 7:43 AM :: reference link ::
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