Unite the Union

Unite the Union

January 25, 2008 07:04 ET

Strike Dates Set at Goodrich

LONDON, UNITED KINGDOM--(Marketwire - Jan. 25, 2008) -

Attention: news, aerospace, industrial and pensions editors

Workers at aerospace company Goodrich have begun a continuous overtime ban today and will hold a one day strike on Monday 28th January.

Workers will also withdraw from 'Lean and Continuous Improvement Events' which are activities related to improving production methods.

Workers overwhelmingly voted in favour of strike action in a dispute over pensions. Goodrich manufactures and supplies flight systems to all the major commercial and military aircraft builders.

Unite the Union is furious that the company which currently has a $7 billion order book, closed the final salary pension scheme to new entrants on 1st December 2007. Goodrich has also made changes to existing members contributions and benefits including raising the contribution rates. Based on figures from March 2006 the pensions deficit was Pounds Sterling 40 million but 90% funded.

Out of the 1189 staff who voted 66% have voted to take strike action. The union has warned the company that it will not accept any changes to the pension scheme.

Goodrich have taken a part pensions holiday for over 5 years despite being advised to cease their pensions holiday in 2005 and increase their contributions to 16%. The company chose to ignore the advice and has now closed the scheme and is forcing the staff to foot a significant portion of the bill to fund the scheme.

The dispute is likely to have a serious knock-on effect on the whole aerospace industry which relies on Goodrich's flight systems for the timely completion of projects.

Unite Regional Officer, Andy Taylor, says:

"This is outrageous behaviour from an aerospace company which has a well funded pension scheme and a $7 billion order book.

The union will not accept any changes to the pension scheme and the workers will make this absolutely clear to the company when they hold a one day strike."

Contact Information

  • Ciaran Naidoo
    07768 931 315