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0 -0.000591016548463449 -0.00118203309692669 -0.00118203309692669 -0.00472813238770696 -0.00738770685579196 -0.00443262411347514 0.00295508274231683
Stock impact report

Norbord, mill workers reach new deal [CBC (Canadian Broadcasting Corporation)]

NORBORD INC (OSB) 
US:NYSE Investor Relations: norbord.com/investors
Company Research Source: CBC
Norbord, mill workers reach new deal Five-year agreement includes wage increases, profit-sharing Wage increases and profit-sharing are among the provisions included in a new five-year collective bargaining agreement between Norbord and workers at its mill outside of Fort Frances, Ont. The agreement â?? which affects 135 workers at the Norbord oriented strand board mill in Barwick, who are all members of Unifor Local 324-99 â?? is retroactive to August 2017. It includes wage increases of two per cent for the first four years, and 2.5 per cent in the fifth year, a new profit-sharing program, increases to equipment allowances, a signing bonus, and an increase in company pension contributions. The vote took place on Wednesday night. The union said 85 per cent of members voted in favour. "Unifor and its members have developed a solid working relationship with Norbord, and the significant improvements achieved in this new deal are reflective of that relationship," Unifor national representa Show less Read more
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