Vic: Unions call for Ajax workers entitlements to be secured

AAP General News (Australia)
08-15-2006
Vic: Unions call for Ajax workers entitlements to be secured

Unions say production will stop at a Melbourne car component factory tomorrow morning
.. if administrators don't agree to underwrite workers' entitlements.

The Australian Workers Union has held talks with employees at Ajax Fasteners in suburban
Braeside this morning .. to discuss a proposal put forward by General Motors Holden.

AWU Victorian secretary CESAR MELHAM say they've received an offer from Holden to underwrite
the company until 5pm Friday.

But Mr MELHAM says after that .. there's no guarantee from Holden of any more financial
commitment.





The crisis follows the voluntary administration of Ajax .. which is being managed by
Stephen Longley of PricewaterhouseCoopers.

The factory .. a division of Global Engineered Fasteners .. manufactures fasteners
for use in engine .. driveline .. vehicle assembly .. and brake systems.

Ajax customers include PBR Australia .. and Textron .. who supply Ford.

AAP RTV sam/gfr/bart

KEYWORD: AJAX (MELBOURNE)

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