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Mercury, union set to meet again today - Trade Only Today

Mercury, union set to meet again today

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Mercury Marine and union officials of International Association of Machinists and Aerospace Workers Local 1947 will meet later today, though the company says it stands by its final contract offer.

President Mark Schwabero said the meeting was scheduled a week ago. The meeting will take place at the company's Fond du Lac, Wis., headquarters, but there is no set agenda for discussion items.

Mercury "has no expectations of resuming negotiations at this time, nor does it intend to offer a modified proposal beyond what has already been presented to the union," the company said in a statement.

The union overwhelmingly rejected the company's offer Sunday, meaning much of the Fond du Lac operations will be moving to Stillwater, Okla.

Union officials said the company's proposal would eliminate pensions, jobs and health care for thousands of Wisconsin workers and their families. The union said Mercury Marine repeatedly claimed a yes vote would preserve jobs and keep the company headquartered in Fond du Lac, but the company refused to make that commitment in writing.

Mercury said the contract called for no wage changes through 2012, with possible increases in 2012 and 2014, retirement incentives and an agreement that union work being performed in Fond du Lac would remain in that location for the duration of the second-year agreement.

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