Posts tagged International Association of Machinists and Aerospace Workers Local 1490

    Unions accept contract offer, ending strike at Northern Maine pulp manufacturer

    November 27, 2023 // Other terms of the contract, according to the unions, are general wage increases of 4% in the first year and 3% in each of the second and third years; an end to a tiered vacation system, allowing all employees to cap out with a fifth week of vacation; an immediate "equity adjustment" of 30 cents to $1 an hour for employees in the bottom five water and steam plant classifications; and a contract ratification bonus of $750. The mill, which employs approximately 300 workers in total, is owned by St. Croix Tissue Co., based in Canada, whose parent company, The International Grand Investment Corp., is a U.S.-based company held by a Chinese investment firm.