Union's rejection of Boeing offer threatens jobs at aerospace suppliers
Business
Union's rejection of Boeing offer threatens jobs at aerospace suppliers
(Reuters) - Striking workers' rejection of planemaker Boeing's latest contract offer has created a fresh threat to operations at aerospace suppliers such as family-run Independent Forge.
If the strike by more than 33,000 U.S. Boeing workers persists another month, the Orange County, California supplier might need to cut its operations from five to three days a week to save money and retain workers, president Andrew Flores said.
While Independent laid off a few employees already, letting more go is not an appealing option, he said. The 22 workers who remain are critical for the company, especially when the strike eventually ends and demand for its aluminum aircraft parts rebounds.
"They are the backbone of our shop," Flores said this week. "Their knowledge, I can't replace that."
Wednesday's vote by 64% of Boeing's West Coast factory workers against the company's latest contract offer, further idling assembly for nearly all of the planemaker's commercial jets, has created a fresh test for suppliers such as Independent, which opened in 1975.
