Addison firm urges GM workers to OK concessions for plant sale
INDIANAPOLIS -- A businessman seeking to buy General Motors Co.'s Indianapolis stamping plant has met with workers to urge them to accept pay cuts allowing the sale.
Addison-based JD Norman Industries seeks wage and benefit cuts as a condition of the purchase.
The United Auto Workers union opposes the concessions, which would cut pay from $29 to $15.50 an hour.
The Indianapolis Star reports Justin Norman told workers Sunday that skilled trade workers at his Chicago-area plant earn almost $100,000 a year. The concessions would cut skilled trade wages from $33 to $24 an hour.
The UAW says it's better for workers to exercise their right to transfer to another plant if the Detroit-based automaker closes the plant next year as scheduled.
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