VANCOUVER – Alberta and Northwest Territories employees at Finning International Inc., the world’s largest Caterpillar heavy equipment dealer (TSX:FTT), have approved a one-year contract extension.
The agreement, with the International Association of Machinists and Aerospace Workers provides for a wage increase of 5.25 per cent and expires on April 30, 2013.
Get daily National news
The settlement covers about 1,700 hourly Finning workers.
Finning International Inc., in business since 1933, sells, rents and services equipment and engines and is headquartered in Vancouver.
The Company operates in western Canada, Chile, Argentina, Bolivia, Uruguay, as well as in the United Kingdom and Ireland.
- Stock markets plummet as oil nears $90 amid Iran war, U.S. job losses
- ‘A foreign policy based on short memory’: Carney continues push to diversify from the U.S.
- Americans view each other as morally bad, poll says. Canada is the opposite
- Canada and Japan sign partnership deal on defence, energy, trade
Comments
Want to discuss? Please read our Commenting Policy first.