Crain's reported that Zell's construction manager on the site, recently penalized Lend Lease Construction, struck an agreement with the Building and Construction Trades Council that will reduce standard
union labor costs by 20 percent.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance,
cost, and revenue under our contracts, including our ability to achieve certain
cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the
cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from
labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the
cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the
unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other
cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected
costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
It will also have to negotiate increased pressure on
labor costs, with
unions having called for a strike on Feb 22 to support demands for a 6 percent pay increase.
They could be related to rate concerns,
labor costs,
union issues or a myriad of other things.
SEOUL, March 27 - General Motors said its loss - making South Korean operations would file for bankruptcy if its
union did not agree to cut
labor costs by April 20, heaping pressure on workers and the South Korean government to swiftly agree a rescue plan.
To drive down
labor costs, a company replaces a regulated, protected class of worker (members of a
union) with a non-protected worker (by relocating to non-
union states or countries with a lower
labor cost).
Although none of our employees are currently represented by a
labor union, it is common throughout the automobile industry generally for many employees at automobile companies to belong to a
union, which can result in higher employee
costs and increased risk of work stoppages.
As the Chicago case shows, the obstacles to putting healthy foods in school cafeterias are many: the high
cost of organic meals, long - standing contracts for frozen and pre-packaged food and
labor union issues.
Labor, especially union labor, costs money.&r
Labor, especially
union labor, costs money.&r
labor,
costs money.»
Fresh off a
cost - cutting battle with City Hall
labor unions that resulted in layoffs, Mayor Richard Daley signaled Tuesday that
union workers at other city agencies he controls are now in his sights to take unpaid days off.
Of course some states have
labor unions that drive up the
costs of
labor, food supplies in rural areas
cost more and expenses are out of control in others.
Moody's Investors Service weighed in today on the nine - year contract deal reached by NYC Mayor Bill de Blasio and the NYC teachers
union, the UFT, saying that while the agreement «could eliminate» fiscal uncertainty by paving the way for other outstanding
labor contracts, it also comes at a «large»
cost and relies on assumptions that may or may not come to pass.
«It is not an endorsement or defense of Nixon personally, but is a response to
union leaders that have rolled out statements today aiming to shut down public discussion of the role that
labor contracts have played in
cost overruns at the MTA.»
Arcuri voted «no» on the health care reform bill, which
cost him the support of the
labor - backed Working Families Party and a number of
unions, including 1199 - SEIU.
In the face of a round of critical statements issued by organized
labor groups allied with Gov. Andrew Cuomo following her oblique comments regarding the connection between
union contracts and the high
cost of digging NYC subway tunnels, Cynthia Nixon received some support from an unlikely source.
Not long after, a host of
labor union leaders ripped Nixon for comments she made Wednesday about how
labor deals have been driving up the
cost of needed subway improvements.
Meanwhile, her agency spent $ 341 million from 2014 through 2017 on overtime
costs dictated by
labor contracts between the city and the
unions.
The Supreme Court's handling of an upcoming forced dues case could
cost labor unions in New York more than $ 100 million, according to a new report.
But because the parking lot was tied to a hotel, ESD told the developers they would need to reach a «
labor peace agreement» with a local
union — a negotiation that could have significantly boosted the
cost of the project.
Arcuri's «no» vote
cost him the support of some of his liberal base, including several
labor unions and the Working Families Party, a line he has carried in previous elections.
Ms. Ferreras nonetheless acknowledged «many uncertainties» in the plan, including, most notably, unresolved
labor contracts with nearly every one of the city's municipal
labor unions, which could
cost the city as much as $ 7 billion to settle, according to some estimates.
It is noted that «the
cost of these reimbursements [is] roughly $ 1.7 million... According to the annual reports by the accounting firm O'Connor Davies Munns & Dobbins, Rockland County failed to budget for the prescription co-pay refunds for several years in a row, under the assumption that county officials could eliminate the benefit during contract talks with
labor unions.
They accounted for the $ 13.6 billion
cost of all the contracts by adding funds to the existing
labor reserve in the budget, spending $ 1 billion from a separate account known as the «health stabilization fund» and forcing
unions to come up with $ 3.4 billion worth of health care savings through FY2018.
Donaldson, ever the loyal
union man —
unions donated to his campaign and to other legislators during the jail debacle — says it wasn't
labor that drove jail
costs some $ 20 million over budget.
Cuomo has had over the years a truculent relationship with some
labor unions, including the public sector organizations who he battled in his first term in order to win
cost savings in new contracts.
Cuomo in 2012 pushed the state's main
labor unions to accept
cost - saving concessions or face up to 10,000 layoffs in order to achieve the savings.
Should all
labor unions agree to pay up to 25 percent of their health care
costs, officials estimate annual savings of $ 26 million.
ALBANY — Gov. Paterson vowed yesterday to force a confrontation over state - worker furloughs next week if pols and
labor unions refuse to accept his
cost - cutting plans.
There's an elephant in the room of the city's public - housing woes that the politicians don't want to discuss: the role of
labor unions — which boost
costs and make it...
The president of one of the largest
labor unions to endorse Sanders, CWA, says it's time to rally behind Clinton and keep Trump out of the White House at all
costs.
Labor unions who back Gov. Andrew Cuomo may be key to his re-election to a third term this fall and on Thursday acted as surrogates, knocking Cynthia Nixon's comments made earlier this week over the
cost of mass transit in New York City.
But these very same policies came at a political
cost to Cuomo within his own party, angering public sector
labor unions and progressives who labeled him «Governor One Percent» and protested him during the 2011 Occupy demonstrations in New York City and Albany.
In Westchester County, where all eight
labor contracts have expired, the executive, Robert P. Astorino, a Republican, has sought to have
union members pay a share of their health care
costs.
Labor leaders have spoken ominously about the possibility that their tense relationship with the governor could
cost him
union support when — and if — he should decide to seek the White House in 2016.
These
costs will be partially offset by resources previously set aside by the city in its
labor reserve ($ 3.5 billion), and by a total of $ 4.4 billion in new resources that are expected to become available as the result of an approved agreement between the city and the Municipal Labor Committee, which represents the city's un
labor reserve ($ 3.5 billion), and by a total of $ 4.4 billion in new resources that are expected to become available as the result of an approved agreement between the city and the Municipal
Labor Committee, which represents the city's un
Labor Committee, which represents the city's
unions.
In March, a subsidiary of Related Companies filed a lawsuit against Building and Construction Trades Council of Greater New York and its president, Gary LaBarbera, alleging that the
union's
labor policies drove up
costs at Hudson Yards by more than $ 100 million.
While at the authority, he called for three years of «net zero» increases in
labor costs; that was in line with what his predecessor, Jay H. Walder, had pursued and in line with the contracts that Gov. Andrew M. Cuomo had negotiated with the state's public employee
unions.
Echoing a point that he and John Chubb argued in Liberating Learning, Moe said that technology will reduce the need for
labor, that online learning will lead to teachers being more geographically dispersed, and that new tools will lead to a proliferation of new school options — all of which will
cost unions members, dues, and influence.
As Stan Greer, senior research associate for the National Institute for
Labor Relations Research, wrote recently, «Teacher
Union Bosses» Hatred of Right to Work Laws Is Understandable» — the reason being that people are flocking to RTW states in droves, which is
costing unions millions in lost dues.
In a race that
cost over $ 30 million, $ 25 million from outside groups, Torlakson was backed by
labor unions and progressive activists while Tuck got the support of establishment newspapers and, according to one source, «30 donors who gave on average $ 267,000 each, including real estate developer William Bloomfield, Jr., Broad Foundation founder Eli Broad, former New York City Mayor Michael Bloomberg, and Emerson Collective Chair Laurene Powell Jobs.»
It's also a very tough market, with strict regulations, loose enforcement (see German - brand diesels), and relatively strong
unions that make it hard to move assembly plants to former Soviet satellite countries with lower
labor costs.
For companies under
cost pressure, such as General Motors (GM) and Ford (F), the answer could be, «A better
labor agreement that includes changes in the
union rules, so that we can improve productivity.»
By blaming the particular European turmoil on wages aand the
cost of
labor and ignoring thee particular role oof credit moves within the moneetary
union, economists arre letting Big Banking institutions ooff the hook, absolving them from any kind oof responsibility, depart alone blame — and unjustifiably therefore.
But being up front and honest about the
costs and benefits, we've been able to build a coalition of supporters that includes conservatives and liberals,
labor unions and businesses, and community leaders throughout the city.
Labor strife has been on the rise in Canada as
unions push back against corporate
cost - cutting drives and governments strive to reduce wage and pension
costs.
→ July 05 - beat profit plan by 1.5 % → Overall manufacturing achievements were attained by implementing rigorous Preventative Maintenance programs, stabilizing
Unions and management relations,
cost containment, 8 %
labor reduction first year, Inventory Management, tooling, crib control, scrap reduction, reducing overtime and achieving 100 % customer delivery.
Tags for this Online Resume: Senior - level HR Expertise, Employee Relations,
Labor Relations, Change Management, Collective Bargaining, Strategic Planning, Tactical Execution, Capacity Building, Policy Development, Risk Management, Team Leadership, Motivation, Training, Development, Benefits, Compensation, Budgeting, Recruiting, Regulatory Compliance, Negotiations, Performance, Talent Management, Outsourcing,
Cost Reduction,
Union Relations, Logistics, Distribution, Staff Supervision, Mentoring, Key Stakeholder Relations, Succession Planning,
Cost Modeling, Business Synergies
As Britain cedes its border fluidity with the 27 other European
Union countries, new tariffs will drive down U.K. exports, while domestic
labor costs will slowly increase as a result of likely more restrictive immigration policies going forward.