In a deal designed to assuage the tensions between
and the Canadian Auto Workers union, GM's
plant in Oshawa, Ontario will gain two additional models to build. The old truck plant in the same city, though, will still close sometime in 2009. Until then, the truck plant will continue to
assemble hybrid versions
full-size pickup trucks. The new Oshawa plant will
revival and will also get some
production and an unnamed
model at some point in the future.
In addition to the extra work at the brand new Oshawa plant, displaced workers with at least 26 years of GM employment will get a percentage of their yearly salary, even after the plant has closed, until they have reached the necessary 30-year mark for retirement. Other qualifying ex-employees will get buyout packages of some sort.
Thanks for the tip, Ryan