Deadline Looms For Air Brake Union Contract
It's coming down to the wire for a new union contract to be hammered out between New York Air Brake and one of its unions.
The International Association of Machinists and Aerospace Workers Local 761 and the Watertown-based company are negotiating under a Thursday night deadline.
Whatever deal is reached will be presented to the 151 union members on Friday and a ratification vote is set for Saturday.
However, the union says it's not looking promising because the company is looking for major changes on issues like seniority, overtime and pay rates.
Pete Cooney, business manager for the union, says "I don't see how we will end up with anything that we'll be really happy with unless something changes dramatically."
New York Air Brake President Michael Hawthorn was more upbeat.
He said company officials are "still very optimistic that we can negotiate this successfully."
The current three-year contract was struck in April 2010 after a short strike.
Wednesday, October 1, 2014, Watertown, NY
On Wall Street